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    FOR SALE
    Live-work space

    115 Hulmeville Ave Penndel, PA 19047

    Built 1940
    Property ID
    US73-0204218
    115 Hulmeville Ave, Penndel, PA 19047 For Sale 1 / 54
    $439,999
    115 Hulmeville Ave, Penndel, PA 19047
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    AI-generated overview

    Opportunity knocks at 115 Hulmeville Avenue in Penndel Borough! Situated on a highly visible corner location with approximately 0.42 acres, this well-maintained mixed-use property offers exceptional flexibility for investors, business owners, and developers alike. The first floor is currently occupied by a successful salon operating under a lease with approximately one year remaining, providing immediate rental income. The second-floor residential unit is rented on a month-to-month basis and features a spacious one-bedroom layout with a separate living room, kitchen, full bathroom, and dedicated laundry area. Zoned RC (Retail Commercial), this property presents a wide range of potential uses. The expansive lot offers abundant parking and may provide opportunities for additional commercial development, expansion of existing operations, or potential subdivision, subject to borough approvals and buyer due diligence. The property has been meticulously maintained and updated throughout. Separate electric services serve each unit, while gas and water are shared. The building is truly turnkey and ready for its next owner. Conveniently located just minutes from the Penndel Train Station, major roadways including Route 1, I-295, and the Pennsylvania Turnpike, as well as numerous shopping, dining, and business destinations. Whether you're looking for an income-producing investment, a live/work opportunity, or a property with future development potential, 115 Hulmeville Avenue offers possibilities that are hard to find in today's market. Buyer to verify all zoning uses, subdivision possibilities, and development opportunities with Penndel Borough.

    Property profile
    Verified
    Property type Live-work space
    Year built 1940
    UPID US73-0204218
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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    Permitted uses
    Permitted uses
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