Presenting the exclusive sale of 12 S. Wycombe Avenue, a 42-unit multifamily development opportunity in Lansdowne, PA. Ownership has obtained zoning approval for 41 apartments, 1,085 SF of commercial space and 11 on-site parking spaces. The apartment mix includes: (32) – 1 BR / 1 Bath, (4) – 2 BR / 1 Bath, and (5) 2 BR / 2 Bath. The site includes (3) parcels: 2 S Wycombe Ave, 10 S Wycombe Ave and 12 S Wycombe Ave and total 30,170 SF. The site is well located on the corner of S. Wycombe Ave and Baltimore Ave; Lansdowne’s main commercial corridor. 12 S Wycombe Ave presents a rare opportunity to develop a multifamily building in the heart of Lansdowne, a transforming neighborhood that includes the restoration of Lansdowne Theatre and a recently passed bill allowing alcohol sales in what was formerly a “dry town.” The property is located within a Qualified Opportunity Zone (QOZ), offering potential tax incentives and strategic benefits for investors and developers.
Vacant lot available in the heart of East Lansdowne Borough. This parcel offers an excellent opportunity for builders, investors, or buyers looking to design and build a custom home in an established residential neighborhood. Conveniently located near public transportation, major roadways, shopping, dining, and just minutes from Center City Philadelphia. Utilities are available nearby (buyer to verify with borough). Whether you're looking to build and hold, develop, or create a custom residence, this is your chance to secure land in a growing area with strong rental and resale potential. Drive by today and imagine the possibilities!
Lansdowne is located in Pennsylvania. Lansdowne, Pennsylvania has a population of 11,007. Lansdowne is less family-centric than the surrounding county with 24.76% of the households containing married families with children. The county average for households married with children is 30.31%.
The median household income in Lansdowne, Pennsylvania is $60,781. The median household income for the surrounding county is $80,398 compared to the national median of $69,021. The median age of people living in Lansdowne is 42.8 years.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 46.2 inches per year, with 16.4 inches of snow per year.
