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Property profile & analytics
OFF-MARKET Estimated value $845,000
Investment properties

841 12th W Lancaster Ave Bryn Mawr, PA 19010-3337

3,772 SF 0.05 ac lot Built 1940
Individually Owned Absentee Owner Free & Clear
Property ID
US73-2030800
Property summary
AI-generated overview

This exceptional Bryn Mawr investment property presents a rare opportunity to acquire a fee-simple, multi-unit retail building at 841 1/2 W. Lancaster Avenue, in Montgomery County, Pennsylvania. The property, built in 1960 and renovated in 1996, boasts a total of 5,200 square feet across two stories, situated within the BMV-4 permitted zoning district. The ground floor comprises approximately 1,820 square feet of prime retail storefront space, currently vacant, offering significant potential for a variety of businesses. A substantial basement provides ample storage. The second floor features a three-bedroom, one-bathroom apartment, currently licensed as a student apartment within Lower Merion Township, generating consistent rental income. This dual-income stream presents a compelling investment proposition. The building consists of one structure with two units, offering flexibility and potential for future development or expansion. On-site parking is conveniently located at the rear of the building. The asking price for this Class B property is $865,000. This is a turnkey opportunity to own a well-located, income-producing retail property in a thriving Pennsylvania community. The property's location on Lancaster Avenue ensures high visibility and accessibility. Don't miss this chance to secure a valuable asset in a desirable market.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1940
Total area 3,772 SF
Lot 0.05 ac (2,058 SF)
Zoning code C2
APN 40-00-30540-00-2
UPID US73-2030800
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
  • Hufford Opticians Ophthalmologist (Bike/Boat/Book/etc) Store
  • K T & Co (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$845k
CAP Approach CAP
$600k
Comparable Approach Comparable
$589k
Blend (final) Blend
$845k
Owner & transaction history
JAMES R TEXADA · 2 yrs held
JAMES R TEXADA
since 2024
Last sale
$845,000
1 recorded transaction
2024
$845,000
Zoning & alternative use
C2 · Bryn Mawr, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.1M +68.5%
Retail stores $1.0M +53.5%
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