21 Bala Ave, Bala Cynwyd, PA 19004-3203
- Office buildings
- 13,880 SF
- 0.69 lot acres
Current Use by Public Records
- V Trainers Personal Training / Gym & Fitness Center
Property Details for 21 Bala Ave
- Year built
- 1956
- Lot size
- 0.69 lot acres
- Zone code
- C2
- Property type
- Office buildings
- APN
- 40-00-03552-00-8
- APU
- 400003552008
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 27, 2025 | $2,250,000 | Bala Lofts Associates LLC | 19 21 Bala Associates | Deed | $1.4M · Mid Penn Bank |
Description
This exceptional two-story, 5,200 square foot Class B office building at 21 Bala Avenue in Bala Cynwyd, PA, presents a fantastic leasing opportunity. Built in 1980 and extensively renovated in 2023, the property offers a blend of classic charm and modern functionality. The building comprises three suites, with one suite currently vacant, offering 750 square feet of immediately available space. The maximum contiguous space available is also 750 square feet. The building is zoned for commercial use and boasts ample parking with 50 spaces available for tenants and visitors. While there are no elevators, the two-story building provides easy accessibility. The location is highly convenient, situated near the intersection of Bala Avenue and Union Street in the 19004 zip code. This traditional office space is perfect for a small business or individual professional seeking a well-maintained and updated workspace in a desirable Bala Cynwyd location. The property's recent renovation ensures modern amenities and a comfortable working environment. Interested parties should inquire about lease terms and availability.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,846,000
- AI Estimate
- $2,245,000
Market price range: $687k - $2.95MMarket price range: $664k - $4.15M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,220,000 Current use
- MEDICAL BUILDING
- $2,190,000 Change: -1% Conversion: Easy
- RESTAURANT
- $1,950,000 Change: -12% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $1,930,000 Change: -13% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,810,000 Change: -18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Bala Cynwyd
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2293
- Latitude
- 40.0018
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
