Office Condominium with Elevator
For Sale
$255,000
815 GREENWOOD Avenue, Jenkintown, PA 19046
Commercial Sale - JENKINTOWN, PA
Property Size1,469 SF
Price / SF$173.59
Days on Market10
Property Features for 815 GREENWOOD Avenue
General Information
Property type
Other
Property subtype
Office
Parking
6
Parking features
Parking Lot
Elementary school
JENKINTOWN
Elementary school district
JENKINTOWN
Middle school district
JENKINTOWN
High school district
JENKINTOWN
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
7516
Utilities
Cooling system
Central Air
Building Details
Year built
1930
Building materials
Masonry
Listing Agency:
RE/MAX Centre Realtors · RE/MAX International
(215) 343-8200
Listed By:
John T Pignatelli · License #RS295840
(267) 767-8677
Added: Jul 27
Last Checked: Aug 5 at 2:06AM
MLS# PAMC2189074
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Exceptional professional office condominium available in the desirable Greenwood Professional Building. Unit A4 provides an efficient and versatile office layout suitable for a wide range of executive and medical office users. The professionally managed condominium offers elevator service, central air, assigned parking, and visitor parking, with common areas that are described as beautifully maintained.
815 Greenwood Avenue, Jenkintown, PA 19046, is positioned minutes from Abington Hospital, major roadways, regional rail service, and the surrounding Montgomery and Bucks County business corridor, with nearby shopping and dining.
Owners benefit from an association that provides exterior maintenance, landscaping, snow removal, building insurance, and common area maintenance, allowing businesses to focus on daily operations. The building is masonry construction and was built in 1930, and Unit A4 is 1,469 sqft. Suite 12 and Units A3 and A4 are also available for purchase separately.
815 Greenwood Avenue, Jenkintown, PA 19046, is positioned minutes from Abington Hospital, major roadways, regional rail service, and the surrounding Montgomery and Bucks County business corridor, with nearby shopping and dining.
Owners benefit from an association that provides exterior maintenance, landscaping, snow removal, building insurance, and common area maintenance, allowing businesses to focus on daily operations. The building is masonry construction and was built in 1930, and Unit A4 is 1,469 sqft. Suite 12 and Units A3 and A4 are also available for purchase separately.
Key Highlights
- Unit A4 in the Greenwood Professional Building, 1,469 sqft
- Elevator service for convenient access within the office condominium
- Central air plus assigned parking and visitor parking
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.3k | $26.04 |
| − Vacancy | −$7.5k | −$5.08 |
| EGI | $30.8k | $20.96 |
| − OpEx | −$7.7k | −$5.24 |
| NOI | $23.1k | $15.72 |
1,469 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$329.9K
$288.7K – $384.9K
NOI $23,095 @ 7.0% cap · market cap 9.06%
Second Best
Healthcare Medical
$303.3K
$265.4K – $353.8K
NOI $21,230 @ 7.0% cap · market cap 8.33%
Theoretical Best
Specialty Retail
$845.0K
$739.4K – $985.8K
NOI $59,149 @ 7.0% cap · market cap 23.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,972
Businesses Nearby
Explore this area
Business Placement
Demographics for 19046, PA
19,669
Population
8,418
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
2,936
Density / Sq Mi
$112,959
Median Household Income
$66,042
Median Earnings
$1,433
Median Rent
$446,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office condominium unit A4 in the Greenwood Professional Building with central air, assigned parking, and visitor parking access.
Where is this office units located?
The property is located at 815 GREENWOOD Avenue Jenkintown, PA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Unit A4 in the Greenwood Professional Building, 1,469 sqft; Elevator service for convenient access within the office condominium; Central air plus assigned parking and visitor parking
