922 W Lancaster Ave - Storefront Retail/Residential FOR SALE


Bryn Mawr, PA 19010
$2,999,595 USD
610-716-1649
922 W Lancaster Ave, Bryn Mawr, PA for Sale
$2,999,595 USD
Storefront Retail/Residential - FOR SALE
1/18
null | 6% Cap Rate

922 W Lancaster Ave
Bryn Mawr, PA 19010


HIGHLIGHTS

  • Heavy foot traffic
  • Long term tenants
  • NOI- $178,386.12

OVERVIEW

*Long Term Leases. * Rare Main Line investment offering with a 60+ year tenant: Fine Wine & Good Spirits-Pennsylvania Liquor Store * Mixed-use income stream: retail liquor store, one 1-bedroom apartment, and one 2-bedroom apartment * Liquor store lease runs through 2028, with tenant expressing interest in renewing and rebranding to a premium store concept * On-site coin-operated laundry room adds supplemental income * Rear parking lot with 17 spaces — a major value-add in this high-demand corridor * Net Operating Income (NOI): $178,386.12. Cap Rate: 6% Asking Price: $2,999,595.00

FOR SALE DETAILS

PRICE

$2,999,595 USD

PRICE/SF

$305 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,100 SF

ZONING

BMV4

APN/PARCEL ID

40-00-29696-009

ASK ABOUT THIS PROPERTY

Amy YangelloKW CommercialMore Info
610-716-1649

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Amy YangelloKW CommercialMore Info
610-716-1649

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.