888 Glenbrook AveBryn Mawr, PA 19010

  • Office buildings
  • 8,551 SF
For Sale
$2,500,000 View listing

Property Details for 888 Glenbrook Ave

Year built
1977
Lot size
0.44 AC
Property size (Sq ft)
8,551 SF
Property type
Office buildings
APN
36-05-03080-00
APU
36050308000

Description

This exceptional two-story Class B office building, located at 888 Glenbrook Ave, Bryn Mawr, PA 19010, offers 10,000 square feet of versatile space ideal for executive or medical office uses. Built in 1980 and extensively renovated in 2020, the property boasts 30 individual suites, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 4,600 square feet. Currently, there is no vacant space. The building features convenient amenities including ample parking (30+ spaces), a passenger elevator, and is situated in the desirable Glenbrook submarket cluster of Bryn Mawr. The property is zoned commercial and enjoys easy access via County Line. This well-maintained building provides a professional and efficient work environment, perfect for a variety of businesses. The building's prime location in Bryn Mawr offers excellent visibility and accessibility. With its modern updates and convenient features, this property presents a unique opportunity for businesses seeking a high-quality office space in a thriving Pennsylvania community. The address is 888 Glenbrook Ave, Bryn Mawr, PA 19010.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,654,458
    6.5%
    $3,373,346
    7%
    $3,132,392
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,813,442
    Geo Method
    $1,117,274
  • Alternative Use

    Use
    Valuation
    Residential
    $4,182,949
    Hospitality
    $3,831,559
    Educational
    $3,187,812
    Medical
    $3,297,446
    Retail
    $4,958,818

Location Insight

City
Bryn Mawr
County
Delaware
State
Pennsylvania
Latitude
40.0191
Longitude
-75.3241
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$27,193
$260,070
$1,084,910
$1,344,980
-
-
-
$1,344,980

FAQs

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