29 Madison Ave Lansdowne, PA 19050
This 400-square-foot office building, located at 29 Madison Avenue in Lansdowne, Pennsylvania, presents a unique investment opportunity. Situated on a 0.1-acre lot, the property is currently utilized as an event space, demonstrating its versatility and potential for diverse income streams. The asking price is $149,900. A key advantage is the possibility of delivering the property vacant, offering flexibility to the new owner. The building is being sold "as is," meaning the buyer assumes responsibility for any necessary repairs or renovations. This presents an opportunity for customization and tailoring the space to specific needs. The property's compact size makes it ideal for a small business or professional office, while its current use as an event space highlights its adaptability. The seller mandates the use of ACT Land Transfer for the title transfer process. This well-located Lansdowne property offers a compelling combination of immediate income potential and long-term growth prospects. Its convenient location and versatile nature make it an attractive option for investors seeking a profitable and adaptable commercial asset. The property's current configuration and "as is" condition provide a blank canvas for the buyer to create a space perfectly suited to their vision. This presents a chance to capitalize on the existing infrastructure while implementing personalized improvements. Serious inquiries are encouraged to explore this promising investment opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.