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Property profile & analytics
OFF-MARKET Estimated value $660,000
Individual retail properties

58 Rittenhouse Pl Ardmore, PA 19003-2227

1,800 SF 0.1 ac lot Built 1954
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-2162329
Property summary
AI-generated overview

This exceptional 1800-square-foot retail property in Ardmore, PA, presents a remarkable investment opportunity. Located at 58 Rittenhouse Place, it sits on a 0.1-acre lot and is priced at $1,100,000. The property's prime location ensures high visibility and convenient access to major transportation routes, maximizing exposure to potential customers. The open floor plan offers flexibility for various commercial uses, from retail stores and offices to small restaurants. Its generous size allows for ample space to accommodate a range of business operations and customization to suit specific needs. The property benefits from its proximity to residential areas, shopping centers, and dining establishments, ensuring high foot traffic and convenient access to amenities. Ardmore's thriving commercial hub, strong economy, and diverse customer base make this an excellent long-term investment, offering significant growth potential for established businesses, entrepreneurs, and investors alike. This property provides the ideal foundation for success in a vibrant and desirable location. The versatile layout and prime location combine to create an exceptional opportunity for a wide range of commercial ventures. Don't miss this chance to secure a piece of Ardmore's thriving commercial landscape.

Property profile
Verified
Property type Individual retail properties
Use group LAUNDROMAT (SELF-SERVICE)
Year built 1954
Total area 1,800 SF
Lot 0.1 ac (4,500 SF)
Zoning code ASDD1
APN 40-00-50508-00-5
UPID US73-2162329
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$660k
Owner & transaction history
Z & Y Shi LLC · 4 yrs held
Z & Y Shi LLC
since 2022
Last sale
$650,000
4 recorded transactions
2022
$650,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
ASDD1 · Ardmore, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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