24 W LANCASTER AVE $1,800,000

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    24 W LANCASTER AVE ARDMORE, PA 19003

    • 0.06 Acres
    • Commercial
    • MLS# PAMC2000179
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    Views: 18 Days On Site: 62

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    Property Details

    This multi-tenant building sits in the heart of Ardmore in front of Ardmore One and yards away from Ardmore Train Station and Suburban Square. It is a renovated commercial, retail building with second and third floor office suites. The basement, first and second floor are all the same footprint of approx 25 x 100 for 2500 sf on each of those levels. The third floor office suite is approx 1000 or 1100 sf and had terrific charm with vaulted ceilings and exposed red brick. Many key parts of this building have been redone over the past few years. This building was re-constructed from a historic shell back in 1993 to code with dry sprinklers, new electrical, plumbing, framing, drywall, light fixtures, etc. on 12 centers. There were new windows and fire rated doors. The HVAC was replaced about 4 years ago. The roof replaced about 5 years ago. The Fire alarm/smoke detectors were replaced about 3 years ago and the water heaters were replaced in 2020. There are currently 6 tenants on the rent roll: 1st floor -extended lease 3-5 years Office 1 - long term 10+years tenant Office 2 - one year lease Office 3 - month to month lease Office 4 - month to month Office 5 - three year lease (Pays own electric) Own a key piece of Ardmore Real estate!

    • General Features
      • County MONTGOMERY
      • Municipality LOWER MERION TWP
      • New Construction Y/N N
      • Sale Type Standard
      • Tax Annual Amount 19685.00
      • Tax Year 2021
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1920
      • Zoning COMMERCIAL MUST
      • Zoning Dscrp mixed use special transit
    • Building Features
      • Building Total SqFt 0.00
      • Building Units Total 0
      • Business Type Other
      • Cooling Fuel Electric
      • Cooling Type None
      • Foundation Details Slab
      • Garage Y/N N
      • Heating Fuel Natural Gas
      • Heating Type Hot Water
      • Sewer Septic Public Sewer
      • Total Garage And Parking Spaces 0
    • Property Features
      • Lot Size Acres 0.06
      • Lot Size Dimensions 24.00 x 0.00
    • Schools
      • School District LOWER MERION

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    Neighborhood

    19003 (ARDMORE) Demographics

    37 Median Age
    6,914 Population Density (per sq. mile)
    72% College Educated
    $99,923 Estimated Median Income
    3,472 Estimated Total Home Owners
    2,151 Estimated Total Renters
    62% / 38% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    13,427 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $410,000 Median Sales Price
    21 Homes Sold
    10 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,800,000
        10/6/2021 4:44:00 PM New in Database Source: Multiple Listing Service New Value: $1,800,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.