EXCEPTIONAL MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY Prominently positioned at the corner of Fayette Street and West 8th Avenue, 804 Fayette Street offers immediate income potential and significant long-term upside in the heart of Conshohocken. The property is currently configured with commercial storefront or office space at street level and a two-story residential apartment above. This flexible layout allows an investor or owner-user to generate rental income while evaluating future improvements, repositioning, or redevelopment. A major feature of the property is its unusually large side yard, which provides valuable open space and the potential to expand the existing building with an addition. The property also includes five off-street parking spaces—a significant advantage for a mixed-use property along the Fayette Street corridor. Any expansion, addition, or redevelopment would be subject to applicable zoning requirements and Borough approval. Located within Zone 2 of the Fayette Street Corridor Overlay District, the property benefits from excellent visibility, a prominent corner location, and access to one of Montgomery County’s most active and desirable communities. Potential strategies include occupying the commercial space, leasing the residential and commercial portions, expanding the existing structure, renovating or repositioning the property, or exploring a new mixed-use development concept. Review the attached zoning analysis for additional information and watch the virtual aerial tour for a closer look at the property’s corner location, substantial side yard, parking, and surrounding development. Buyer is responsible for independently verifying zoning, permitted uses, dimensional requirements, parking requirements, development potential, required approvals, and all other property information with the Borough of Conshohocken and the buyer’s appropriate professionals.
MSC is proud to exclusively present the opportunity to acquire 641 Old Elm Street, a fully built-out, turnkey restaurant opportunity within one of the region’s steadily growing hospitality corridors. The existing fit-out allows for immediate occupancy, offering operators a straightforward path to opening with limited upfront capital requirements. Positioned along a heavily trafficked connector between Conshohocken and Plymouth Meeting, the property benefits from strong visibility and accessibility, complemented by dedicated on-site parking for up to 39 vehicles. The site is also approved for approximately 1,500 square feet of outdoor dining, with the ability to further enhance or reconfigure the outdoor lot creating additional flexibility for patio use or redevelopment opportunities. The location is supported by consistent local demand drivers, including proximity to The Proving Grounds and Tee’s Golf Center, as well as continued residential growth, with approximately 2,000 luxury apartment units delivered in the immediate area over the past three years. Additional upside exists through the potential renovation of the second and third floors for office or residential use, while the inclusion of a full R liquor license further expands the range of viable concepts. 641 Old Elm Street presents a well-located opportunity for an operator or investor seeking both immediate usability and longer-term flexibility within an active suburban market.
Conshohocken is located in Pennsylvania. Conshohocken, Pennsylvania has a population of 9,104. Conshohocken is less family-centric than the surrounding county with 19.27% of the households containing married families with children. The county average for households married with children is 34.89%.
The median household income in Conshohocken, Pennsylvania is $112,212. The median household income for the surrounding county is $99,361 compared to the national median of $69,021. The median age of people living in Conshohocken is 32.1 years.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 47 inches per year, with 16.8 inches of snow per year.
