$420,000

Excellent opportunity to own a versatile mixed-use commercial and residential property in a highly visible location along busy Township Line Road in Elkins Park! Offering strong income potential, convenient access, and flexible usage options, this property is ideal for investors, business owners, or owner-occupants looking to live and work in one location. The first floor features commercial space, currently rented for $1,700 per month, providing immediate rental income. The space offers potential for a variety of businesses, including a hair salon, nail salon, spa, massage therapy studio, professional office, beauty services, or other commercial uses, subject to local zoning and approvals. The second floor features a spacious three-bedroom residential apartment, offering excellent potential for additional rental income of approximately $1,600–$1,800 per month. Buyers may choose to rent out both units for investment income or operate their own business on the first floor while enjoying the convenience of living upstairs. Another valuable feature is the on-site parking, with space for approximately 6–9 vehicles, a significant advantage for both commercial customers and residential occupants. Ideally situated on a high-traffic road with excellent visibility, the property offers convenient access to Philadelphia, Jenkintown, and surrounding communities.