101 West Avenue in Jenkintown will be up for auction beginning Monday, June 29.

According to the listing, the three-story, 84,210 sf office/medical building sits on 3.35 acres and includes 287 parking spaces.

A starting bid is listed as $2,000,000.

In January, Brett Fox of M.S. Fox Real Estate Group, who serves as the property’s listing broker, told Glenside Local the current tenants will stay if and when the property is purchased. Tabor Children Services signed a lease over the winter.

From the description:

101 West Avenue, Jenkintown, PA 19046 presents a rare opportunity to acquire a premier Class A office asset in one of Montgomery County’s most desirable suburban locations. This three-story, ±84,210 SF building sits on 3.35 acres and offers a compelling blend of stable in-place income and future upside. Directly adjacent to the SEPTA Jenkintown-Wyncote Regional Rail Station, the property delivers exceptional commuter access throughout Greater Philadelphia, with convenient connections to Route 309, Route 611, and the Pennsylvania Turnpike. Recent renovations have elevated the building’s image with a striking atrium-style lobby, upgraded common areas, modernized restrooms, and enhanced interior lighting. The asset is currently 72% occupied by a strong mix of established office and medical-oriented tenants, including Merrill Lynch, Ivy Rehab, Truist, and other professional service users. Additional highlights include ADA compliance, secure FOB access, two elevators, and abundant parking with 287 on-site spaces, including 80 covered spaces and a private gated garage. Positioned in affluent Jenkintown, surrounded by dense residential neighborhoods and strong household incomes, this is an exceptional value-add investment in a highly accessible, transit-oriented setting!

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