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23462297
23462309

14 S Wycombe Ave, Lansdowne, PA 19050

BH
PA PA RS335804
Marcus & Millichap - Philadelphia
SR
PA RS373805
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia
$1,250,000
380 days on market
Updated 123 days ago
Opportunity zone

14-16 S. Wycombe Ave

Details
APN 23-00-03622-00, 23-00-03621-00
Property Type Industrial, Mixed Use (+2)
Sub Type Flex
Square Footage 8,900
Units 5
Tenancy Vacant
Lease Type NNN
Pro-Forma Cap Rate 8.90%
Pro-Forma NOI $137,986
Year Built 1960
Year Renovated 2025
Buildings 2
Stories 3
Acreage 0.420
Zoning BAM
Ceiling Height 12

Versatile Owner-User or Investment Opportunity | Industrial + Apartments

Marketing description

14-16 S Wycombe Avenue is a versatile, mixed-use property offering approximately 3,500 square feet of small bay warehouse, two office units one measuring approximately 1,500 square feet, the other approximately 2,000 square feet, and two 2-bedroom/1-bathroom apartments approximately 1,100 square feet each. Behind the street-facing offices, the highly desirable small bay industrial space boasts 3 drive ins, as well as a state-of-the-art well built heated down draft paint booth, equipped for both water and oil based painting. It can seamlessly function as a spacious single-tenant unit or be divided into two distinct suites to suit a variety of operational needs. The newly renovated office spaces boast a sleek, updated facade providing excellent curb appeal- perfect for a client-facing storefront or professional office. The property also features two newly renovated 2-bedroom apartments on the second and third floors, showcasing modern finishes and spacious layouts for comfortable living.

This property is perfect for owner users seeking functionality and flexibility, or tenants looking for the ideal industrial/flex space to run their business. Meticulously renovated, this property offers a great opportunity for investors looking to acquire and stabilize an asset in the Philadelphia MSA. 14-16 S. Wycombe seamlessly blends ready-to-lease residential, commercial, and industrial opportunities all in one.

Investment highlights

Small bay industrial space

Two 2-bed/1-bath newly renovated apartments

Two newly renovated office spaces; perfect client-facing store fronts

Well built heated down draft paint booth with tunneling system

Direct access to Lansdowne train station and multiple bus stops

Ample parking, ideal for autobody shop

Listing Contacts

BH
PA PA RS335804
Marcus & Millichap - Philadelphia
SR
PA RS373805
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia

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Additional Information

Name
Brian Higgins
License
PA RS335804
Brokerage
Marcus & Millichap
Brokerage Phone
2155317093
Brokerage Address
2005 Market Street
Name
Sophie Roe
License
RS373805
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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