$325,000
$432,500
24.9%For more information regarding the value of a property, please contact us for a free consultation.
1,625 Sqft Lot
SOLD DATE : 05/15/2016
Key Details
Sold Price $325,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Ardmore
MLS Listing ID 1003031590
Sold Date 05/15/16
HOA Y/N N
Originating Board TREND
Year Built 1918
Annual Tax Amount $5,349
Tax Year 2016
Lot Size 1,625 Sqft
Acres 0.04
Lot Dimensions 16
Property Description
This property is being sold as part of a portfolio which includes 29 East Lancaster, 31 East Lancaster, 33 East Lancaster and 35 East Lancaster. It is 4 properties, 8 apartments, four garages, four tenant parking spaces and 4 storefronts with full basements. The flagship of the property is the grandfathered, full service restaurant space at 29-31-33 E Lancaster. The space is fully sprinklered, has an ansul system and hood along with several fixtures such as stoves, walk in and reach in boxes, dishwasher, grease trap and more. Formerly rented at $6,000/month, this space can be the perfect place for an owner-operator to run their fine dining establishment.,Apartment 1 gets $575/month and Apartment 2 gets $550/month. Storefront pays $1,200/month.
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning ASDD1
Rooms
Other Rooms Primary Bedroom
Interior
Flooring Tile/Brick
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground, Above Ground
Waterfront N
Water Access N
Road Frontage Boro/Township
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-30996-005
Ownership Fee Simple
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Bought with Howard B Lavin • Main Line Executive Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "