Brick Retail
For Sale
Contact for pricing
29 W LANCASTER, Ardmore, PA 19003
Open-concept commercial space with a dedicated bathroom and flexible parking access in an established Ardmore business district.
Property Size890 SF
Price / SF$4.63
Days on Market54
Property Features for 29 W LANCASTER
General Information
Standard status
Active
Size
890 SF
Property subtype
Commercial
Building Details
Year Built
1925
Construction
brick
Listing Agency:
KW Greater West Chester
(610) 436-6500
Listed By:
John Patrick · License #5007975
(610) 659-1746
Source:
Cummingsrealtors
Added: Sep 8
Changed: Oct 31
Last Checked: Oct 30 at 5:10PM
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 KW Greater West Chester
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Investment Insights
Based on property information with market context.
This 890-square-foot brick storefront, built in 1925, offers an open interior layout suited to a range of retail or commercial uses. The space includes a dedicated bathroom and presents a clean, modernized setting within the existing storefront shell.
Located at 29 W Lancaster in Ardmore, the property is positioned near Suburban Square and the Main Line. Train service provides access from Philadelphia and the western suburbs. Parking includes one space available at all times, plus six additional spaces after 5 PM on weekdays and throughout Saturdays and Sundays. Street parking is also available.
Located at 29 W Lancaster in Ardmore, the property is positioned near Suburban Square and the Main Line. Train service provides access from Philadelphia and the western suburbs. Parking includes one space available at all times, plus six additional spaces after 5 PM on weekdays and throughout Saturdays and Sundays. Street parking is also available.
Key Highlights
- 890‑square‑foot brick storefront
- Open interior plan with a dedicated bathroom
- Built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,743
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,860
$214.9K
Cap Rate 7%
$153,471
$153.5K
Cap Rate 9%
$119,367
$119.4K
Market Conditions
NOI Build-Up for 890 SF
Gross rent
$16.0K $18.00/SF
− Vacancy
−$673 −$0.76/SF
EGI
$15.3K $17.24/SF
− OpEx
−$4.6K −$5.17/SF
NOI
$10.7K $12.07/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,860
Cap Rate 7%
$153,471
Cap Rate 9%
$119,367
Alternative Uses
Best Use
Retail
$153.5K
$134.3K – $179.1K
NOI $10,743 @ 7.0% cap · market cap 260.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$511.9K
$448.0K – $597.3K
NOI $35,836 @ 7.0% cap · market cap 869.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,407
Businesses Nearby
379k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Dining 21%
Groceries 16%
Apparel 11%
Trader Joe's
Groceries
53,953 visits/mo
0.2 miles
Wawa
Shops & Services
37,069 visits/mo
0.3 miles
Five Below
Shops & Services
28,731 visits/mo
0.5 miles
Apple Store
Electronics
27,500 visits/mo
0.1 miles
McDonald's
Dining
16,982 visits/mo
0.2 miles
Demographics for 19003, PA
13,984
Population
6,346
Households
2.2
Avg Household Size
38
Median Age
70%
College-Educated
98%
High-School Grad
2.0 sq mi
ZIP Area
6,992
Density / Sq Mi
$116,142
Median Household Income
$66,881
Median Earnings
$1,602
Median Rent
$441,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Open-concept commercial space with a dedicated bathroom and flexible parking access in an established Ardmore business district.
Where is this storefront property located?
The property is located at 29 W LANCASTER Ardmore, PA.
What are key features of this property?
This property features: 890‑square‑foot brick storefront; Open interior plan with a dedicated bathroom; Built in 1925
