694 Pont Reading Rd Ardmore, PA 19003-1917
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.
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Klepfer Douglas F DPM Physician
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The Dimes Club Shopping Center & Mall
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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