211 S Easton Rd Local commercial 375 m² 100 % Loué À vendre Glenside, PA 19038 1 035 444 € (2 762,87 €/m²) Taux de capitalisation 4,85 %

211 S Easton Rd is a premier mixed-use investment located in the heart of Glenside, PA. The property consists of a robust first-floor commercial production Dry cleaning plant and three residential apartments above.
The Location: Glenside is a highly sought-after "commuter" suburb, perfectly positioned between Philadelphia and the northern suburbs. The property is a short walk to the Glenside SEPTA Station, making it an ideal location for young professionals and Arcadia University students. Easton Road serves as the primary commercial artery, ensuring high daily traffic counts and maximum visibility for the anchor tenant.
The Tenant Profile: The ground floor is occupied by a dry cleaning plant that has been a staple of the community for over 40 years. The current operator established the business and has maintained the facility throughout its history. This longevity provides an investor with an "Anchor" tenant that is deeply woven into the local economy.
This asset is priced at $1,200,000. This represents a trophy-level investment in a low-inventory market. The residential units offer immediate "mark-to-market" upside, especially given the proximity to the university. Neighborhood retail and national tenants within 0.5 Miles/walking distance.
Financial Summary: