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Steven Pagan

steven.pagan@quinnwilson.com +1(609) 631-5668

Listed by Ed Valentine • Innovate Real Estate

$899,000

Est. payment - /mo

2.13 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAMC2182122

Year Built 1949

Available Date 2026-06-05

Annual Tax Amount $15,562

Tax Year 2025

Lot Size 2.130 Acres

Acres 2.13

Lot Dimensions 130.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Exceptional investment opportunity with redevelopment potential along highly traveled Bethlehem Pike (Route 309) in Montgomery County. Situated on approximately 2.13 acres, this mixed-use commercial property offers multiple income streams with upside potential through rent growth, lease restructuring, and future redevelopment. Current income sources include a detached garage leased at $1,100 per month, a first-floor dry-cleaning business leased at $500 per month, second-floor office space leased at $650 per month, a rear hair salon leased at $850 per month, and a digital billboard generating $1,333.34 per month ($16,000 annually) through May 2031. Billboard income increases to $1,583.33 per month ($19,000 annually) from June 2031 through May 2035. Several tenant rents remain below market levels due to the landlord lower during Covid and not adjusting since, providing an opportunity for future income enhancement. The property's GC-2 zoning allows for a variety of commercial uses, making it attractive to both investors seeking stable cash flow and buyers looking to capitalize on long-term redevelopment opportunities. Located in one of Montgomery County's most established commercial corridors, the property benefits from excellent visibility, strong traffic counts, prominent Route 309 frontage, and convenient access to major transportation routes. Surrounded by national retailers, restaurants, and regional amenities, this is a rare opportunity to acquire an income-producing asset with significant long-term upside. Buyer should verify all potential land uses and development opportunities directly with Horsham Township.

Location

State PA

County Montgomery

Area Horsham Twp (10636)

Zoning GC-2

Interior

Hot Water Electric

Heating Hot Water

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 9.0

Water Access N

Accessibility None

Total Parking Spaces 9

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Hatboro-Horsham

Others

Tax ID 36-00-00730-008

Ownership Fee Simple

Special Listing Condition Standard

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NEARBY SCHOOL & BUSINESS

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Steven Pagan

+1(609) 631-5668

REALTOR® - Team Leader of The Pagan Group License ID: (PA) RS355942 (NJ) 1005688

1440 BETHLEHEM PIKE North Wales, PA 19454

Steven Pagan

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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