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Danielle Wateridge

danielle.wateridge@gmail.com +1(703) 639-8869

$ 1,200,000

Est. payment -/mo

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Active

168 OLD BELMONT AVE Bala Cynwyd, PA 19004

4,100 SqFt

UPDATED:

08/14/2024 11:25 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $292

Subdivision Bala

MLS Listing ID PAMC2095420

Originating Board BRIGHT

Year Built 1947

Annual Tax Amount $11,138

Tax Year 2022

Lot Size 0.298 Acres

Acres 0.3

Lot Dimensions 339.00 x 0.00

Property Description

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.

Location

State PA

County Montgomery

Area Lower Merion Twp (10640)

Zoning ROCK HILL ROAD DISTRICT

Interior

Hot Water Electric

Heating Hot Water

Cooling Central A/C, Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 20.0

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 20

Garage N

Building

Lot Description Corner, Irregular

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Lower Merion

Others

Tax ID 40-00-05228-006

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Robert J Carey • Carey Real Estate Services

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