105 Bala AveBala Cynwyd, PA 19004

Property Details for 105 Bala Ave

Year built

1910

Lot size

0.08 AC

Property size (Sq ft)

2,708 SF

Zone code

C2

Property type

Investment properties

Property subtype

Live-work space

APN

40-00-03588-00-8

APU

400003588008

Description

This exceptional three-story, 2,100 square foot medical office building at 105 Bala Avenue in Bala Cynwyd, Pennsylvania, presents a unique investment opportunity. Built in 1940 and extensively renovated in 2023, the Class B property boasts a newly updated HVAC system and roof, ensuring efficient and cost-effective operation. The building features six units within a multi-tenant setting, currently operating at 40% occupancy. The convenient location offers excellent access to major transportation arteries, including I-76 and Route 1, providing easy commutes to Center City Philadelphia. Public transportation is also readily available, with proximity to SEPTA regional rail and bus stops. On-site parking is provided for six vehicles. The property is zoned for commercial use and includes a total of 2,100 net rentable square feet. The 2023 real estate taxes were $5,402. The third floor is currently vacant, presenting an ideal opportunity for an owner-user to occupy a significant portion of the building. This property offers a blend of modern updates and a desirable location, making it an attractive investment in the thriving Bala Cynwyd market. The building is situated in Montgomery County, PA, zip code 19004.

Location Insight

City

Bala Cynwyd

County

Montgomery

State

Pennsylvania

Latitude

40.0037

Longitude

-75.2312

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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