Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Property in Bala Cynwyd Title is generated by Realmo AI

    128 BALA AVENUE, Bala Cynwyd, PA 19004

    View on Map
    Claim this Listing
    For Sale
    $1,250,000

    Mixed-use property with commercial and residential spaces in Bala Cynwyd.

    Type:Commercial/Industrial
    Lot size:
    0.08 Acres
    Added:
    Jan 2, 2025
    Days on Market:
    510
    Last Refresh:
    May 20 at 12:43 am

    Property Features for 128 BALA AVENUE

    General Information

    Standard status
    Active
    Lot size
    0.08 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1930

    We can help!

    Listing Contact
    Dino A D'Orazio

    Listing agent Dino A D'Orazio License #RS295485

    Listing office Keller Williams Real Estate-Blue Bell

    Listing date Jan 2, 2025

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate-Blue Bell

    HighLights

    • Prime location in Bala Cynwyd, Main Line area, near City Line Ave, St. Joe's College, and PCOM College
    • Commercial mixed‑use building with two established businesses: Thai Cuisine ($2,750/month) and Spa ($1,200/month)
    • Four fully rented residential apartments generating $3,200/month
    • Well‑kept building with significant income potential
    • Property being sold 'as is', presenting a potential value opportunity
    • Landlord responsibility limited to gas heat, water, and trash

    Overview

    This mixed-use property is located in Bala Cynwyd, in the Main Line area, near City Line Avenue, St. Joe's College, and PCOM College. The building features two commercial spaces, currently occupied by a Thai cuisine restaurant at $2,750 per month and a spa at $1,200 per month. Additionally, there are four residential apartment spaces, each renting for $800 per month, totaling $3,200. All units are currently 100% rented. The landlord is responsible for gas heat, water, and trash expenses. The property is being sold in as-is condition and presents an opportunity with potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brand Revive Marketing & Advertising Bala Day Spa Alternative Medicine Practice Bala Cynwyd Pest ... Garden Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bala Cynwyd
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2321
    Latitude
    40.0042

    Nearby Similar for Sale

    • $350,000

      Dental Suite in Bala Cynwyd

      Professional dental suite in a sought-after medical corridor.
      191 PRESIDENTIAL Boulevard, BALA CYNWYD, PA 19004
      View Details
    • $1,200,000
      4,200 SF

      Multi-Use Property Near I-76

      Vacant 4,200 SF multi-use property with flexible zoning.
      168 Belmont Ave, Bala Cynwyd, PA
      View Details
    • $750,000

      Mixed-Use Property in Bala Cynwyd

      Mixed-use property in Bala Cynwyd's Main Line area.
      124 BALA AVENUE, BALA CYNWYD, PA 19004
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial and residential spaces in Bala Cynwyd.
    Where is this mixed-use property located?
    The property is located at 128 BALA AVENUE Bala Cynwyd, PA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Prime location in Bala Cynwyd, Main Line area, near City Line Ave, St. Joe's College, and PCOM College; Commercial mixed‑use building with two established businesses: Thai Cuisine ($2,750/month) and Spa ($1,200/month); Four fully rented residential apartments generating $3,200/month
    (610) 724-8866
    We can help!
    Listing Contact
    Dino A D'Orazio
    Real Estate License ID: RS295485
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    128 BALA AVENUE, BALA CYNWYD, PA 19004
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!