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Listed by Daniel Leider • Herbert Yentis & Company-Philadelphia
$1,500,000
Est. payment /mo
10,557 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAMC2178446
Year Built 1925
Annual Tax Amount $22,509
Tax Year 2025
Lot Size 10,557 Sqft
Acres 0.24
Lot Dimensions 109.00 x 0.00
Property Sub-Type Office
Source BRIGHT
Property Description
Fully occupied multi-tenant office building located on Bala Avenue. Possible opportunity for redevelopment. Rents are way below market. Gross Income $103,220. Expenses $67,588. Net Income $35,632. Located in the City Avenue and Bala Avenue Redevelopment Districts. Minimum of 48-hour notice required for showings.
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning MIXED USE
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 15.0
Water Access N
Accessibility None
Total Parking Spaces 15
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-03372-008
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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