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    711 Montgomery Ave Philadelphia, PA 19122

    For Lease
    $275 SF/Yr

    Prime Office Building, Ample Parking, Elevator

    Lot size:
    1,678 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,678 square foot traditional office building presents a singular tenancy opportunity. Located on Montgomery Avenue, this property boasts high visibility and convenient access to both the Main Line and Center City. The building is exceptionally well-maintained and features a substantial parking lot with 60 spaces, ensuring ample parking for tenants and visitors. A modern elevator adds to the convenience and accessibility of the space. The building's attractive features are complemented by its strategic location, offering excellent exposure and easy commutes for employees. The lease includes a base rent of $22.95 per square foot, plus an additional $2 per square foot for parking lot usage. A flat monthly fee of $50 covers water expenses. This is an ideal space for a business seeking a prestigious, well-equipped, and conveniently located office environment. The single-tenant occupancy provides privacy and control, while the ample parking and elevator ensure a seamless and efficient workflow. This property offers a unique opportunity to establish a thriving business in a highly desirable location. Don't miss this chance to secure this exceptional office space.

    Property Features for 711 Montgomery Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,678 SF

    Unit(s) available at that property

    Space
    Size
    1,678 SF
    Rate per SF
    $275

    HighLights

    • 1,678 square foot single‑tenant office space.
    • Well‑maintained office building with ample parking (60 spaces) and elevator.
    • High visibility location on Montgomery Avenue, convenient to the Main Line and Center City.
    • Rent: $22.95/SF, plus $2/SF for parking, and $50/month for water.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1469897
    Latitude
    39.9789988

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Building, Ample Parking, Elevator
    Where is this office property / space located?
    The property is located at 711 Montgomery Ave Philadelphia, PA.
    What is the lease rate?
    The lease rate is $275 SF/Yr.
    What are key features of this property?
    This property features: 1,678 square foot single-tenant office space.; Well-maintained office building with ample parking (60 spaces) and elevator.; High visibility location on Montgomery Avenue, convenient to the Main Line and Center City.
    Request Owner's contact information
    711 Montgomery Ave Philadelphia, PA 19122
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    Philadelphia, PA 19122
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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
    711 Montgomery Ave Philadelphia, PA 19122
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