152 Main StAmbler, PA 19002

Property Details for 152 Main St

Year built

1984

Lot size

0.53 AC

Property size (Sq ft)

11,956 SF

Zone code

LI

Property type

Gas stations

APN

01-00-02602-00-7

APU

10002602007

Description

This exceptional three-building industrial portfolio in Ambler Borough's vibrant downtown offers a unique investment opportunity. The property encompasses a total of 11,725 square feet across three distinct structures, situated on a 0.53-acre lot. One building features 4,698 square feet of industrial space above first-floor mini-storage units, providing versatile usage options. A second building offers 1,107 square feet of dedicated industrial space, ideal for smaller operations or storage. Completing the portfolio is a third building with 1,507 square feet of office space, perfect for administrative functions or a separate business entity. The property boasts convenient access to public transportation, being directly adjacent to a SEPTA station, and benefits from its proximity to numerous amenities. Currently, the landlord is undertaking significant improvements to enhance the property's appeal and functionality. The property is multi-tenant, with a minimum divisible space of 580 square feet and a maximum contiguous space of 4,698 square feet. Built in 1880, the two-story buildings include one loading dock and eleven drive-in bays, catering to efficient loading and unloading. With 9,142 square feet currently vacant, this presents a significant opportunity for immediate occupancy or lease-up. This is a rare chance to acquire a well-located, multi-faceted industrial property in a thriving Montgomery County submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $4,365,982

  6.5%

  $4,030,137

  7%

  $3,742,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,963,132

  Geo Method

  $3,936,671

• Alternative Use

  Use

  Valuation

  Residential

  $3,399,572

  Hospitality

  $3,113,989

  Educational

  $2,590,802

  Medical

  $2,679,904

  Retail

  $4,030,137

Location Insight

City

Ambler

County

Montgomery

State

Pennsylvania

Latitude

40.151

Longitude

-75.2224

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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