10 W Lancaster Ave 17,500 SF Vacant Retail Building Ardmore, PA 19003 $3,046,076 CAD ($174.06 CAD/SF)
INVESTMENT HIGHLIGHTS
- 13,000 SF building located in Ardmore, PA at the epicenter of Philadelphia’s famed “Main Line”, a densely populated and highly affluent submarket just
- The building is located on Lancaster Avenue (15,375 AADT) offering 6,000 square feet of retail space and 3,000 square feet of turnkey office space
- Adjacent to Suburban Square, one of the country's most prominent mixed-use projects boasting 500,000+ square feet of first class retail
- Within three miles of the property, there are 127,597 residents with an average household income of $220,000
- Situated in Lower Merion Township, one of the most affluent townships in the country, which hosts one of the top school districts in Pennsylvania
- A true transit oriented building neighboring to Amtrak and SEPTA's Ardmore Station providing unmatched traffic and access for local residents, employe
EXECUTIVE SUMMARY
Avenue, a 13,000 square foot retail & office building located in the heart of
downtown Ardmore, PA. The property offers an investor or operator the
opportunity to acquire a two-story building with 6,000 square feet of vacant
retail space and 3,000 square feet of vacant 2nd story turn-key office space.
The property also has a 4,000 square foot basement that is currently used
as storage, which has the possibility to be fit out and used by an additional
tenant. The property is positioned along Philadelphia’s famed “Main Line”,
a densely populated and highly affluent submarket that boasts some of the
wealthiest communities in the country. Within three miles of the property,
there are 127,597 residents with an average household income of $220,000. In
addition to its density and affluence, Lower Merion Township boasts some of
the best schools in the country, all of which drive lasting demand and growth in
this submarket. The prime demographics, quality construction brick building,
scarcity of commercial opportunities and prime positioning along Lancaster
Avenue make this an incredible opportunity for either an investor or an operator.
PROPERTY FACTS
AMENITIES
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
MSC is proud to exclusively present the opportunity to acquire 10 W Lancaster Avenue, a 13,000 square foot retail & office building located in the heart of downtown Ardmore, PA. The property offers an investor or operator the opportunity to acquire a two-story building with 6,000 square feet of vacant retail space and 3,000 square feet of vacant 2nd story turn-key office space. The property also has a 4,000 square foot basement that is currently used as storage, which has the possibility to be fit out and used by an additional tenant. The property is positioned along Philadelphia’s famed “Main Line”, a densely populated and highly affluent submarket that boasts some of the wealthiest communities in the country. Within three miles of the property, there are 127,597 residents with an average household income of $220,000. In addition to its density and affluence, Lower Merion Township boasts some of the best schools in the country, all of which drive lasting demand and growth in this submarket. The prime demographics, quality construction brick building, scarcity of commercial opportunities and prime positioning along Lancaster Avenue make this an incredible opportunity for either an investor or an operator.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,000 SF | Retail | - | Now |
1st Floor
| Size |
| 6,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 40-00-30064-019 | Improvements Assessment | $658,369 CAD |
| Land Assessment | $327,416 CAD | Total Assessment | $985,784 CAD |
