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Property Description
Prime Commercial Property with Established Adult Day Care Opportunity - Jenkintown, PA Exceptional investment opportunity in the highly sought-after Jenkintown area! This 10,500 sq. ft. fully finished and completely remodeled commercial property is perfectly suited for an Adult Day Care business, offering a turnkey setup with existing licenses and insurance approvals already in place. Strategically located near Jeanes Hospital, this unique property provides excellent accessibility and visibility in a thriving healthcare corridor. The building features a thoughtfully designed layout ideal for senior care services, including spacious activity areas, administrative offices, and support facilities. A dedicated small chapel adds a rare and meaningful touch, creating a peaceful environment for clients and families. Ample on-site parking ensures convenience for staff and visitors alike. The property's distinctive architecture and modern upgrades make it stand out as a premium care facility or multi-use investment. Whether you're expanding your healthcare portfolio or entering the adult day care industry, this property offers immediate operational potential in a prime location. Highlights: 10,500 Sq. Ft. Fully Renovated Building Adult Day Care Business Opportunity Licenses & Insurance Approvals in Place Prime Location Near Jeanes Hospital Unique Building with Modern Upgrades Ample Parking Facility Includes Small Chapel
Full Property Details
Full Property Details for 1 Central Ave
General
- Price: $2,399,000
- Taxes: $36,526 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAMC2171068
- Updated: Today (4/1/2026)
- Added to Site: Today
Business
- Business Type: Day Care Facility, Medical, Professional, Recreation,
Rooms
Bathrooms
- Restrooms: 5
Parking
- Total Spaces: 33
- Parking Type: Parking Lot, On Street, Leased to Off Site
Location
- Area: Cheltenham Twp (10631)
- Municipality: CHELTENHAM TWP
- County: MONTGOMERY
- Driving Directions: North on veree rd, right on veree rd and property is opposite to jeanes hospital
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Stone, Masonry, CPVC/PVC, Synthetic Stucco
- Year Built: 1924
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.7
- Lot Size (Sq. Ft.): 30,407
- Lot Size Source: Assessor
- Lot Dimensions: 188.00 x 0.00
- Zoning: COMMERCIAL BUISNESS
Financial Considerations
- Assessment Year: 2026
- School Tax: $27,754
- City/TownTax: $5,664
- City/TownTax Freq: Annually
- County Tax: $2,851
- County Tax Freq: Annually
- Tax w/Assessment: $522,000
- Tax Amount: $36,526
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 22
Listed by Emmanuel Realty, Lijo P George
Get Pre-Approved Today
Schools
Schools serving 1 Central Ave
School District:Cheltenham Township School District
| Name | Grades | Distance |
|---|---|---|
Cheltenham El School 7853 Front Street, Cheltenham, PA 19012 | K-4 | 1 mi |
Cedarbrook Middle School 300 Longfellow Road, Wyncote, PA 19095 | 5-8 | 3.7 mi |
Cheltenham High School 500 Rices Mill Road, Wyncote, PA 19095 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Central Ave
Date
Details
Price
Change
Source
4/01/2026
Listed
$2,399,000
433.11%
MLS
6/12/2019
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$36,894
3%
$522,000
—
2024
$35,746
3%
$522,000
—
2023
$34,863
1%
$522,000
—
2022
$34,471
2%
$522,000
—
2021
$33,878
3%
$522,000
—
2020
$32,951
3%
$522,000
—
2020
$32,001
2%
$522,000
—
2019
$31,362
2%
$522,000
—
2018
$30,618
2%
$522,000
—
2017
$29,942
2%
$522,000
—
2016
$29,269
2%
$522,000
—
2015
$28,565
5%
$522,000
—
2014
$27,088
—
$522,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Central Ave
1 Central Avenue, Cheltenham, PA 19012 (MLS# PAMC2171068) is a Commercial Service property. 1 Central Avenue is currently listed for $2,399,000 and was received on April 01, 2026. Want to learn more about 1 Central Avenue? Do you have questions about finding other Commercial Service real estate for sale in Cheltenham Village? You can browse all Cheltenham Village real estate or contact a Coldwell Banker agent to request more information.

