Listed By:
Carey Real Estate Services
Address
168 Old Belmont Avenue, Bala Cynwyd, PA
Price
$ 1,200,000
Property Attributes
  • MLS#PAMC2095420
  • TypeCommercial
  • CountyMONTGOMERY
  • CityBala Cynwyd
  • AreaLower Merion Twp
  • NeighborhoodBala
  • Zip19004
  • StyleAuto Related,Flex,/General Retail,Truck Maintenanc
  • Year Built1947
  • Taxes$ 11138
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4100
  • Lot Size0.3 Acres
Data Source:
Bright MLS
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.

Price History
2/13/2024 Listed $1,200,000

General Features

Sewer Public Sewer
Heating Hot Water
Cooling Central A/C,Window Unit(s)
Possession Immediate
Zoning ROCK HILL ROAD DISTRICT
Construction Materials Brick
Exclusions Tool and automotive repair equipment in Garage
Year Built 1947
Electric 200+ Amp Service
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Auto Related,Flex,Other/General Retail,Truck Maintenance Facility
Accessibility None
County MONTGOMERY
New Construction No
Property Type Commercial Sale
Subdivision Name BALA
Possible Use Commercial,Flex Space,Mixed Use,Multi-Family,Office,Parking,Automotive,Other
Water Access Y/N No
Status ACTIVE
Directions I-76 to Belmont Avenue Exit,take Belmont Avenue to Property on Right.
ModificationTimestamp 2024-05-01T09:40:51
City BALA CYNWYD
Buyer Agent Compensation 2
Zoning Description RHR is a limited area designated to encourage medium-intensity,mixed-use development,at an entryway to the Township.
MLS Area Lower Merion Twp (10640)
Lot Size Square Feet 13000.00
Tax Assessed Value 270280.0
Waterfront Y/N No
Street Name OLD BELMONT
Tax Annual Amount 11138.0
Property Condition Average
Price Per Sq Ft 292.68
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 79
Location Type Suburban
Standard Status Active
Year Built Source Assessor
Tax Lot 304
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N Yes
Total Restrooms 4

Exterior Features

Lot Features Corner,Irregular
Water Source Public
Total Parking Spaces 20
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 4100.00
Lot Dimensions 339.00 x 0.00
Lot Size Acres 0.30
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 0.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19004

Price
AVG $630K
$1.2M
Taxes
AVG $9,358
$11,138
Visits
AVG 330
153
Data Provided by Inside Real Estate®
Year Built
AVG 1943
1947

Areas We Cover