Bought with Mark F Orehowsky • Coldwell Banker Hearthside Realtors
$675,000
$675,000
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0.42 Acres Lot
SOLD DATE : 11/18/2025
Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC2149966
Sold Date 11/18/25
Year Built 1955
Annual Tax Amount $2,375
Tax Year 2024
Lot Size 0.421 Acres
Acres 0.42
Lot Dimensions 62.00 x 0.00
Property Sub-Type Land for Commercial Use
Source BRIGHT
Property Description
Residential Redevelopment Opportunity – Two-Lot Site in Elkins Park, PA
Zoned R3 Residential | Former Auto Salvage Yard | Cheltenham Township
Offered for sale is a rare residential redevelopment opportunity in the Elkins Park section of Cheltenham Township (Montgomery County, PA). This property consists of two separate tax parcels and is currently improved with structures from a long-standing auto salvage operation, which has since ceased.
Both parcels are zoned R3 Residential (per the townships on line zoning map), making the site an excellent candidate for new custom residential development that blends with the surrounding neighborhood. Adding to its appeal, the property adjoins Tookany Creek and offers peaceful, serene views — a unique natural amenity that would be a major plus for future residents.
The location offers quiet suburban character with access to schools, parks, and public transportation — an ideal setting for a residential project. While the previous use as a salvage yard was previously approved, the highest and best use today may lie in restoring the property to residential purposes consistent with local zoning. For zoning details and development guidance, contact Cheltenham Township Zoning Office at 215-887-1000.
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning R-3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 63.0
Water Access N
Accessibility None
Total Parking Spaces 63
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cheltenham
Others
Tax ID 31-00-19120-001
Ownership Fee Simple
Special Listing Condition Standard
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