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

Property Details for 841 12th W Lancaster Ave

Year built

1940

Lot size

0.05 lot acres

Property size

3,772 SF

Zone code

C2

Property type

Investment properties

Property subtype

Live-work space

APN

40-00-30540-00-2

APU

400030540002

Description

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.

Location Insight

City

Bryn Mawr

County

Montgomery

State

Pennsylvania

Longitude

-75.3194

Latitude

40.0223

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments