814 Montgomery Ave Narberth, PA 19072-1928
This exceptional retail property, located at 814 Montgomery Ave in Narberth, Pennsylvania, presents a compelling investment opportunity. The building, constructed in 1972 and renovated in 2015, offers 4,000 square feet of net rentable space across two stories. Currently vacant, this multi-tenant building is classified as Class B and features a desirable NNN lease type. The asking price is $850,000, translating to a price per square foot of $212.50 and an attractive 8.00% cap rate. The property boasts a prominent freestanding sign pylon, ensuring high visibility for tenants. Convenient on-site parking is also available. The building sits on a commercially zoned lot in Montgomery County, zip code 19072. With two units available, this property is ideal for owner-occupancy or investment purposes. The property's strategic location in Narberth, combined with its updated features and ample parking, makes it an attractive option for a variety of retail businesses. The building's single structure provides ease of management and maintenance. This is a rare opportunity to acquire a well-located, renovated retail building with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Narberth, PANarberth. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.