6 Lancaster AveArdmore, PA 19003

Property Details for 6 Lancaster Ave

Year built

1920

Lot size

0.09 AC

Property size (Sq ft)

12,864 SF

Zone code

ASDD1

Property type

Investment properties

Property subtype

Live-work space

APN

40-00-30068-01-5

APU

400030068015

Description

This exceptional retail or office opportunity is located at 6 W Lancaster Avenue in Ardmore, Pennsylvania, a thriving Main Line suburb situated between Wynnewood and Bryn Mawr. The property boasts a highly visible street-level presence on heavily trafficked Lancaster Avenue (Route 30), at the signalized intersection of Anderson Avenue. This prime location offers unparalleled accessibility, being just steps from Suburban Square and the Ardmore Amtrak/SEPTA train station. A public parking garage is conveniently located directly behind the building.

• CAP approach

  CAP return

  Valuation

  6%

  $5,497,714

  6.5%

  $5,074,812

  7%

  $4,712,326

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,728,116

  Geo Method

  $1,680,810

• Alternative Use

  Use

  Valuation

  Residential

  $6,292,768

  Hospitality

  $5,764,141

  Educational

  $4,795,698

  Medical

  $4,960,629

  Retail

  $7,459,974

Location Insight

City

Ardmore

County

Montgomery

State

Pennsylvania

Latitude

40.0078

Longitude

-75.2913

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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