Ardmore, PA 19003,35 E LANCASTER AVE

$325,000

$432,500

24.9%
Est.Price: ?

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Est. payment /mo

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

Water Access N

Road Frontage Boro/Township

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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Bright MLS (BMLS)
Listed by Kevin C. Murphy • Main Line Executive Realty
Bought with Howard B Lavin • Main Line Executive Realty
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