Exceptional investment opportunity with redevelopment potential along highly traveled Bethlehem Pike (Route 309) in Montgomery County. Situated on approximately 2.13 acres, this mixed-use commercial property offers multiple income streams with upside potential through rent growth, lease restructuring, and future redevelopment. Current income sources include a detached garage leased at $1,100 per month, a first-floor dry-cleaning business leased at $500 per month, second-floor office space leased at $650 per month, a rear hair salon leased at $850 per month, and a digital billboard generating $1,333.34 per month ($16,000 annually) through May 2031. Billboard income increases to $1,583.33 per month ($19,000 annually) from June 2031 through May 2035. Several tenant rents remain below market levels due to the landlord lower during Covid and not adjusting since, providing an opportunity for future income enhancement. The property's GC-2 zoning allows for a variety of commercial uses, making it attractive to both investors seeking stable cash flow and buyers looking to capitalize on long-term redevelopment opportunities. Located in one of Montgomery County's most established commercial corridors, the property benefits from excellent visibility, strong traffic counts, prominent Route 309 frontage, and convenient access to major transportation routes. Surrounded by national retailers, restaurants, and regional amenities, this is a rare opportunity to acquire an income-producing asset with significant long-term upside. Buyer should verify all potential land uses and development opportunities directly with Horsham Township.
For sale
$899,000
1440 Bethlehem Pike, North Wales, PA 19454
--beds
--baths
--sqft
Est.: Get pre-qualified
Quadruplex
Built in 1949
-- sqft lot
$892,800 Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 33 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Ed Valentine 484-432-7078,
Innovate Real Estate 2157234073
Source: Bright MLS,MLS#: PAMC2182566
Tour with a local agent
Facts & features
Interior
Basement
- Area: 0
Heating
- Hot Water, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2.13 Acres
- Dimensions: 130.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 360000730008
- Zoning: GC-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Quadruplex
Materials
- Stucco
- Foundation: Block
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: North Wales
- Municipality: HORSHAM TWP
Financial & listing details
- Tax assessed value: $356,360
- Annual tax amount: $15,562
- Date on market: 6/4/2026
- Listing agreement: Exclusive Right To Sell
- Exclusions: Tenants Personal Possessions And Equipment
- Ownership: Fee Simple
Estimated market value
$892,800
$848,000 - $937,000
$4,619/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $899,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,685 +6.3% | $356,360 |
| 2024 | $13,811 | $356,360 |
| 2023 | $13,811 +7% | $356,360 |
| 2022 | $12,902 +2.7% | $356,360 |
| 2021 | $12,560 +2.1% | $356,360 |
| 2020 | $12,300 +2% | $356,360 |
| 2019 | $12,064 +2.6% | $356,360 |
| 2018 | $11,756 +3.3% | $356,360 |
| 2017 | $11,384 +2% | $356,360 |
| 2016 | $11,157 +2.6% | $356,360 |
| 2015 | $10,872 | $356,360 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 19454
Nearby schools
GreatSchools rating
- 7/10Simmons El SchoolGrades: K-5Distance: 2.9 mi
- 8/10Keith Valley Middle SchoolGrades: 6-8Distance: 5.4 mi
- 9/10Hatboro-Horsham Senior High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- District: Hatboro-horsham
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Montgomery County
- North Wales
- 19454
- 1440 Bethlehem Pike




