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Tamika R. Johnson

tamika@tamikajohnson-realtor.com +1(240) 602-4348

$ 4,500,000

Est. payment -/mo

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Active

163 BALA AVE Bala Cynwyd, PA 19004

0.69 Acres Lot

UPDATED:

01/02/2025 04:34 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Bala

MLS Listing ID PAMC2125640

Originating Board BRIGHT

Year Built 1945

Annual Tax Amount $24,661

Tax Year 2023

Lot Size 0.693 Acres

Acres 0.69

Lot Dimensions 201.00 x 0.00

Property Description

This property is being sold in as is condition. This is a prime location for development of a high rise condo development. Listed on historic registry for the facade of the building. Movie theater with 975 seats split into 3 viewing rooms, a large office and room for parties on the second floor. 3rd floor projection room. Previously leased at $10,000/month, now vacant. Additional 4 commercial spaces - 2 rented - Slices and Rolls @ $3,000/month, Hair Salon @$1,200/month. 2 vacant storefronts. 4 residential apartment spaces at $900/month totaling $3,600 100% rented. Landlord pays for gas heat, water and trash. There is also a 3 plus car detached garage in the rear of the building ( 2,500 sq ft) currently occupied by landlord and about 20 parking spots. Great location for redevelopment. Also listed is 124 Bala and 128 Bala.

Location

State PA

County Montgomery

Area Lower Merion Twp (10640)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas, Electric

Heating None

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 25.0

Utilities Available Cable TV Available, Phone Connected

Water Access N

Roof Type Flat

Accessibility 48\"+ Halls

Total Parking Spaces 25

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Lower Merion

Others

Tax ID 40-00-03604-001

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Dino A D'Orazio • Keller Williams Real Estate-Blue Bell

Tamika R. Johnson

Broker Associate | License ID: 607079

+1(240) 602-4348

Tamika R. Johnson

163 BALA AVE Bala Cynwyd, PA 19004

Key Details

Location

Interior

Exterior

Building

Schools

Others

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163 BALA AVE