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Two Commercial Buildings

2 Properties Offered at $1,707,888 CAD in Bala Cynwyd, PA

Investment Highlights

  • Two commercial buildings for the price of one.
  • The Main Office Building is perfect for attorneys, real estate agents, insurance agents, tech companies, service companies, etc.
  • More than 20 on site parking spaces.
  • Frontage on Belmont Avenue and Old Belmont Avenue.
  • The Garages are a perfect location for a towing company, emergency vehicle repair, tire shop, car detailing shop or similar uses.
  • Permitted Uses - Office, Multi-family combined with Commercial, Retail, Food Services, Auto Related Services, Mixed Non-residential.

Executive Summary

Fantastic opportunity to own a multi-use property at the commercial gateway into Lower Merion Township and the Main Line within a stone's throw of the I-76 Belmont Avenue Exit and just across the river from the popular Manayunk section of Philadelphia. Two commercial buildings for the price of one. The Main Building consists of approximately 2,400 square feet and three floors of office space that formerly housed a vibrant area ambulance dispatch service; each floor can have private access for multiple tenants and would be perfect for a wide variety of office uses such as attorneys, real estate agents, insurance agents, tech companies, service companies, or even start up incubator offices. The Ground Floor features an approximately 18' x 20' area that could be a waiting or conference room, a separate break room, a private office and a bathroom. The Second Floor features an approximately 18' x 20' open area that is flanked by 2 private offices and a bathroom. The Third Floor also features an approximately 18' x 20' open area that is flanked by 2 private offices and a bathroom. The Garages consist of a two bay commercial garage with its own heat and electric, office space, bathroom space and storage spaces. This is a perfect location for a towing company, emergency vehicle repair, tire shop, car detailing shop or similar uses. Vehicle and parking access from both Belmont and Old Belmont Avenues. See Lower Merion Township Zoning Ordinance for Permitted Uses in the RHR District. The possibility of a wide variety of uses, plenty of parking and easy and direct access to and from I-76, Philadelphia, Manayunk and the Philadelphia Main Line suburbs, plus easy access to public transportation make this an ideal property for any new, existing or expanding business. Property is being sold "As Is" and Seller will not make any repairs; any requested inspections will be allowed for Buyer's information only; Buyer will be responsible for any Township certificates of use and/or occupancy and for all Real Estate Transfer Taxes. This is an extremely desirable location, so make an appointment to see this great property as soon as possible. NOTE: Public Records incorrectly show Department of Transportation as owner, they only own approximately 750 Square feet at the intersection of Old Belmont and Belmont for intersection widening, plus a 5 foot temporary construction easement along Belmont Avenue.

Property Facts

Price $1,707,888 CAD
Price / SF $416.56 CAD / SF
Sale Conditions High Vacancy Property
Sale Type Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 4,100 SF
Total Land Area 0.30 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2
168 Old Belmont Ave, Bala Cynwyd, PA 19004
Retail 1,700 SF 1947 -
1
168 Old Belmont Ave, Bala Cynwyd, PA 19004
Office 2,400 SF 1947 -
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  • Listing ID: 32629641

  • Date on Market: 2024-07-30

  • Last Updated:

  • Address: Two Commercial Buildings, Bala Cynwyd, PA

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