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    105 Forrest Ave Narberth, PA 19072

    For Lease
    $25 SF/Yr

    Four historic buildings, flexible suites.

    Lot size:
    19,816 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional office property, located at 105-113 Forrest Avenue in Narberth, Pennsylvania (Montgomery County, zip code 19072), offers a unique opportunity for businesses seeking flexible and charming office space. The property comprises four historic buildings, totaling 19,816 square feet, converted into a variety of office suites. Currently, there are 2,662 square feet of vacant space available, divisible into units ranging from a minimum of 274 square feet to a maximum contiguous space of 2,250 square feet. The buildings are two stories high and classified as Class B. The property provides ample parking with 26 spaces available for tenants. While elevators are not present, the buildings are easily accessible. The location is highly desirable, situated on Forrest Avenue, with convenient access to Haverford Avenue. The property's unique character and flexible space options make it ideal for a range of businesses, from traditional offices to creative or medical practices, and executive suites. Its prime location in Narberth Borough, on the Main Line, offers easy access to Philadelphia and surrounding areas, making it an attractive option for businesses serving the Main Line community. The individual suites offer unique layouts and sizes, catering to diverse business needs.

    Property Features for 105 Forrest Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,816 SF
    Class
    B
    Total Rate
    41283.33

    Building Details

    Buildings
    4
    Stories
    2

    Unit(s) available at that property

    Space
    107 Suite 206
    Size
    412 SF
    Rate per SF
    $32
    Space
    105 Suite 201
    Size
    2,250 SF
    Rate per SF
    $25

    HighLights

    • 105‑113 Forrest Avenue, Narberth, PA 19072: Four historic buildings totaling 19,816 square feet of Class B office space. 2,662 square feet currently available, divisible into units from 274 to 2,250 square feet.
    • Downtown Narberth location with proximity to numerous restaurants, shops, and businesses.
    • SEPTA Paoli/Thorndale Line station located 350 feet away.
    • Excellent access to major roadways including I‑76, 476, 422, and the Pennsylvania Turnpike.
    • Walk Score of 90 ("Walkers' Paradise").
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Narberth
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.261366160651
    Latitude
    40.006038881132

    Nearby Comparable

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      Haverford Ave Office Suites

      Narberth, PA: Prime Office Space Available
      260 Haverford Ave, Narberth, PA 19072
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    • $32 SF/Yr
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      915 Montgomery Ave Office Space

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      Main Line Mixed-Use Building

      7,400 SF building with office, retail, and medical space.
      727-731 Montgomery Ave, Penn Valley, PA 19072
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    • $21 SF/Yr
      37,462 SF

      Narberth Office Space For Lease

      Second floor office space in well-maintained elevator building.
      711 Montgomery Ave Unit Suite 4, Narberth, PA 19072
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      Narberth Office Building For Sale

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    • Contact for pricing
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      Retail Space in Wynnewood Center

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    Nearby Similar for Lease

    • $21 SF/Yr
      37,462 SF

      Narberth Office Space For Lease

      Second floor office space in well-maintained elevator building.
      711 Montgomery Ave Unit Suite 4, Narberth, PA 19072
      View Details
    • $30 SF/Yr
      10,000 SF

      Haverford Ave Office Suites

      Narberth, PA: Prime Office Space Available
      260 Haverford Ave, Narberth, PA 19072
      View Details
    • $28 SF/Yr
      10,580 SF

      Narberth Office Building For Sale

      Prime Main Line Office Space Available
      632 Montgomery Ave, Narberth, PA 19072
      View Details

    FAQs

    What type of property is this?
    Medical office - Four historic buildings, flexible suites.
    Where is this medical office located?
    The property is located at 105 Forrest Ave Narberth, PA.
    What is the lease rate?
    The lease rate is $25-$32 SF/Yr.
    What are key features of this property?
    This property features: 105-113 Forrest Avenue, Narberth, PA 19072: Four historic buildings totaling 19,816 square feet of Class B office space. 2,662 square feet currently available, divisible into units from 274 to 2,250 square feet.; Downtown Narberth location with proximity to numerous restaurants, shops, and businesses.; SEPTA Paoli/Thorndale Line station located 350 feet away.
    Request Owner's contact information
    105 Forrest Ave Narberth, PA 19072
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    Narberth, PA 19072
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    Realmo Value Estimation

    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.

    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.

    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
    105 Forrest Ave Narberth, PA 19072
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