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    540 W Mount Carmel Ave Glenside, PA 19038
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    Property profile & analytics

    540 W Mount Carmel Ave, Glenside, PA 19038

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    • Strip malls
    • 15,323 SF
    • 1.30 lot acres
    Retail Space on Mount Carmel For Lease
    $1,305,000
    9,700 SF

    Retail Space on Mount Carmel

    Retail property with high visibility and ample parking.

    540 W Mt Carmel Ave, Glenside, PA
    View Listing
    Property ID
    US73-2292933
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,305,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Asian Fusion Red House / Restaurant
    • Party Center / Party Supply Store / (Bike/Boat/Book/etc) Store
    • CM SR22 Insurance Group / Financial Advisor / Insurance Agency
    • Mount Carmel Plaza / Shopping Center & Mall

    Property Details for 540 W Mount Carmel Ave

    Year built
    1975
    Lot size
    1.30 lot acres
    Zone code
    G
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    31-00-19738-00-4
    APU
    310019738004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 7, 2025 $1,300,000 Revive Carmel LLC 540 Mount Carmel LLC Deed —
    Aug 7, 2018 $1,100,000 540 Mount Carmel LLC Mount Carmel Plz Assocs LP Grant Deed · related $880k · American Bk
    Jan 29, 1998 $1,083,138 Carmel Plaza Assoc Mount Cvs Glenside Equities Grant Deed —

    Description

    Mount Carmel Plaza, located at 540 Mt Carmel Ave in Glenside, Pennsylvania (zip code 19038), offers a fantastic retail opportunity. This commercial property totals 2,250 square feet and currently has 2,250 square feet of vacant space available for lease. The property is configured to accommodate multiple tenants, with spaces ranging from a minimum of 850 square feet to a maximum contiguous space of 1,400 square feet. This presents a unique opportunity for businesses seeking flexible space options in a desirable Glenside location. The address is easily accessible and benefits from high visibility, making it an ideal location for attracting customers. The property is classified as retail and is ready for immediate occupancy. Interested parties are encouraged to inquire about lease terms and availability. The property's convenient location in Glenside, PA offers excellent access to local amenities and a strong customer base. This is a prime opportunity to establish or expand a retail business in a thriving community. The flexible space options allow for customization to suit various business needs. Don't miss this chance to secure your space in this vibrant commercial center.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,075,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,540,000
      Market price range: $964k - $3.34M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,995,000
      Current use
      RESTAURANT
      $2,150,000
      Change: +8% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,130,000
      Change: +7% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,715,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Glenside
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.1623
    Latitude
    40.1069
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $47,653
    $0.00
    $0.00
    $713,500
    -
    $0.00
    $0.00
    $713,500
    View Listing
    More about this property
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