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Property profile & analytics
OFF-MARKET
Commercial real estate

694 Pont Reading Rd Ardmore, PA 19003-1917

1,704 SF 0.02 ac lot Built 1930
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-0443488
Property summary
AI-generated overview

This beautifully renovated mixed-use property at 694 Pont Reading Road in Ardmore, PA, presents a unique investment opportunity. The main floor, spanning 1,296 square feet, boasts a bright, open layout perfect for a variety of commercial ventures. Its adaptable design is suitable for uses such as a boutique, office, event space, photography studio, or even a coffee shop – the possibilities are extensive. The space comfortably accommodates 28 people and benefits from abundant natural light. Above the commercial space is a charming one-bedroom apartment, currently leased to a long-term tenant at $1,100 per month (tenant pays all utilities except water). This residential unit features a spacious living room with three large windows, a dining room, a kitchenette with a gas stove, in-unit laundry, a full bathroom, and a cozy bedroom. A private rear staircase exit from the dining room leads to an alley. The property sits on a 0.02-acre lot and enjoys a highly convenient location near the 476, bus routes, trolley lines, and the R-5 train. A new roof was installed in 2024. This property offers a compelling blend of commercial potential and established rental income, making it an exceptional investment opportunity in a desirable Ardmore location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Total area 1,704 SF
Lot 0.02 ac (1,010 SF)
APN 22-06-01770-00
UPID US73-0443488
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
Current use
Occupant on record · Public records
  • Klepfer Douglas F DPM Physician
  • The Dimes Club Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lew Joe LLC · 3 yrs held
Lew Joe LLC
since 2023
Last sale
$280,000
3 recorded transactions
2023
$280,000
2000
$84,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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