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24 W Lancaster Avenue

ARDMORE, PA 19003
  • $1,800,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: PAMC2000179
UPDATED: 167 min ago
$1,800,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

School District:

Description

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 yearsOffice 1 - long term 10+years tenantOffice 2 - one year leaseOffice 3 - month to month leaseOffice 4 - month to monthOffice 5 - three year lease (Pays own electric)Own a key piece of Ardmore Real estate!

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T23:49:34.397.
www.johnkrizateam.com/homes/122147536
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24 W Lancaster Avenue ARDMORE, PA 19003

  • Price: $1,800,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 167 min ago
  • ID#: PAMC2000179
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1920
Built
Neighborhood:
Lower Merion Twp (10640)
County:
Montgomery
Area:
Lower Merion Twp (10640)
School District:
Lower Merion
Property Description
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 yearsOffice 1 - long term 10+years tenantOffice 2 - one year leaseOffice 3 - month to month leaseOffice 4 - month to monthOffice 5 - three year lease (Pays own electric)Own a key piece of Ardmore Real estate!
Exterior Features

Construction Materials BrickCombination Garage YN No Parking Types Off SiteParking LotOther Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling None Exclusions Tenant Belongings Heating Hot Water Heating YN Yes Net Square Feet 6000.00 Security Features IntercomMain Entrance Lock

Property Features

Acceptable Financing CashConventionalNegotiablePrivateOther Accessibility Features Other Assessment Year 2021 Business Type Other/General RetailProfessionalOther Central Air YN No Cooling Fuel Electric Foundation Details SlabOther Heating Fuel Natural Gas Hot Water Natural Gas Municipality Lower Merion Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 800762498043 Ownership Interest Fee Simple Possession NegotiableOtherSettlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 19685.00 Tax Assessment Amount 504900.00 Tax Lot 077 Vacation Rental YN No Water Source Public Zoning Commercial Must Zoning Description Mixed Use Special Transit

Listing courtesy of Main Line Executive Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T23:49:34.397.
 
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John Kriza Real Estate Team | Beiler-Campbell Realtors
402 Bayard Rd. Ste. 100
Kennett Square PA, 19348