146 Montgomery AveBala Cynwyd, PA 19004

Property Details for 146 Montgomery Ave

Year built

1980

Lot size

0.49 AC

Property size (Sq ft)

14,842 SF

Zone code

C2

Property type

Office properties

Property subtype

Office buildings

APN

40-00-38224-00-4

APU

400038224004

Description

This three-story, 14,114 square foot Class B office building at 146 Montgomery Ave in Bala Cynwyd offers a unique opportunity. Built in 1972, the property features one elevator and 57 parking spaces. Currently, there are five suites, with 4,239 square feet of vacant space available. Units range from a minimum of 770 square feet to a maximum contiguous space of 6,097 square feet, making it suitable for a variety of businesses. The building is zoned Village Commercial and benefits from a highly visible location on Montgomery Avenue, providing excellent accessibility and visibility. Future upgrades include high-speed internet, advanced security systems, and a new building automation climate control system. The convenient location offers easy access to public transportation, dining, shopping, and recreational facilities, enhancing employee work-life balance. This property presents a prestigious address in a thriving submarket, ideal for businesses seeking a modern and well-located office space. The ample parking and convenient location make commuting easy for employees and clients. This is an exceptional opportunity to establish a presence in a desirable Bala Cynwyd location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,880,927

  6.5%

  $3,582,394

  7%

  $3,326,509

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,939,256

  Geo Method

  $1,939,256

• Alternative Use

  Use

  Valuation

  Residential

  $4,442,168

  Hospitality

  $4,069,003

  Educational

  $3,385,362

  Medical

  $3,501,790

  Retail

  $5,266,120

Location Insight

City

Bala Cynwyd

County

Montgomery

State

Pennsylvania

Latitude

40.005

Longitude

-75.2406

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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