For Sale: Two-Unit, Mixed Use Building in Elkins Park. Here's an excellent opportunity to purchase a two-unit mixed-use commercial property so you can use one portion for your business while earning rental income from the other. Permitted Uses include: Retail, salon, studio, office, B&B, restaurant and more.
This well-maintained property consists of a 3-story, approx. 2100 square foot building with unfinished basement currently configured as a beauty salon; and an adjacent 600 square foot storefront with basement currently leased to long term tenant. Income property brings in $10,000/yr to help pay the mortgage. There are seven parking spots in the rear of the building as well as ample street parking and a municipal parking lot across the street. If you're thinking of starting your own salon or expand your existing business, then this could be just what you're looking for. The property has housed a successful beauty salon for more than 30 years. Select equipment and furniture will convey with the sale. The second unit is currently operating as a dog grooming salon. There is no lease and the tenant is operating on month-to-month basis and would like to stay. Rent has been $850/year for several years. This property is centrally located one block from the Elkins Park Regional Rail station and in the heart of the Elkins Park village which includes the popular Food Chasers Restaurant (next door) , Creekside Market & Tap and High School Park.
