Price: $1,250,000 Cap Rate: 6.89% NOI: $86,077 Gross Income: $99,936 This fully leased three-tenant retail strip center offers investors a stable income-producing asset located along the busy W. Moreland Road commercial corridor in Willow Grove, Pennsylvania. The property benefits from high daily traffic, strong surrounding demographics, and neighborhood service tenants that generate consistent foot traffic. The tenants provide essential services to the local community, creating dependable rental income and long-term investment stability. Investment Highlights ? Fully leased retail property ? Three established neighborhood tenants ? Strong retail corridor location ? CPI-based rent increases ? Consistent rental income ? Excellent street visibility ? On-site parking for customers ? Dense residential population surrounding property Location Overview The property is located along W. Moreland Road, a well-traveled commercial corridor serving Willow Grove and greater Montgomery County. This corridor features a mix of national retailers, neighborhood businesses, restaurants, and service providers. Nearby retailers include: • Chipotle • Visionworks • Multiple neighborhood retail centers • Restaurants and service businesses The surrounding area contains dense residential neighborhoods that provide consistent customer demand for neighborhood retail services. Traffic & Accessibility The property benefits from strong vehicle traffic and convenient accessibility from major nearby roadways. Key advantages: ? High daily traffic counts ? Easy access from surrounding residential areas ? Established retail corridor ? Strong neighborhood retail demand Investment Opportunity This offering represents an opportunity to acquire a stable income-producing retail asset in a strong suburban Philadelphia retail corridor. With long-standing tenants and steady neighborhood demand, the property offers investors: • Immediate income • Potential rent growth through CPI adjustments • Long-term stability
A standout investment opportunity in the heart of Willow Grove — 608 Easton Road offers a strong combination of residential and commercial income in a prime, high-visibility corridor. This mixed-use building includes four residential units (two 2-bedroom apartments and two 3-bedroom apartments) along with three commercial units, creating a diversified and steady revenue stream. The residential apartments are well-maintained and consistently in demand within the Upper Moreland rental market. Each unit provides comfortable living accommodations suitable for long-term tenants. The three commercial units are positioned directly along heavily trafficked Easton Road, offering excellent exposure for a variety of business types, including retail, office, or service-oriented tenants. This desirable location supports strong visibility and accessibility. Additional highlights include onsite parking options, close proximity to major roadways (PA Turnpike, Route 611, Route 63), and walkable access to local shops, dining, transit, and area amenities. Situated within a thriving commercial corridor, the property delivers stable performance with notable long-term upside potential. Whether you're expanding your investment portfolio or securing a proven income-producing asset, 608 Easton Rd presents a compelling opportunity in a highly sought-after Willow Grove location.
Ideally located near the train station, this legally zoned multi-use property offers exceptional versatility for both owner-occupants and investors. The first floor currently features a well-maintained salon operated by the owner and will be delivered vacant at closing, (Does not include Hair salon equipment) providing a turnkey opportunity for a new business or additional rental income. The second level includes a spacious one-bedroom apartment with access to a private roof deck, as well as a separate studio currently rented for $1,200 per month. The studio tenant may remain or vacate at closing, depending on the buyer’s preference. An additional first-floor studio—complete with a full kitchen and full bath—offers the potential for an extra $1,200 per month in rental income. The property also benefits from a recently updated roof, replaced just two years ago.
Fantastic investment opportunity in the heart of vibrant Abington! This mixed-use commercial building features a prime retail storefront on the first floor, perfect for a variety of business uses, along with two spacious residential units—a two-bedroom apartment in the basement and a three-bedroom apartment on the second floor. The property offers on-site parking for both residents and customers, adding convenience and value. With its desirable location, strong visibility, and income-generating potential, this property is ideal for investors or owner-occupants seeking both commercial and residential returns.
Willow Grove is located in Pennsylvania. Willow Grove, Pennsylvania has a population of 13,958. Willow Grove is more family-centric than the surrounding county with 40.82% of the households containing married families with children. The county average for households married with children is 34.89%.
The median household income in Willow Grove, Pennsylvania is $94,587. 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 Willow Grove is 37.6 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 47.8 inches per year, with 17.4 inches of snow per year.
