540 Mount Carmel AveGlenside, PA 19038

  • Retail properties
  • 15,323 SF
For Sale
$1,495,000 View listing

Property Details for 540 Mount Carmel Ave

Year built
1975
Lot size
1.30 AC
Property size (Sq ft)
15,323 SF
Zone code
G
Property type
Retail properties
Property subtype
Strip malls
APN
31-00-19738-00-4
APU
310019738004

Description

Mount Carmel Plaza, located at 540 Mt Carmel Ave in Glenside, Pennsylvania (zip code 19038), offers a fantastic retail opportunity. This commercial property totals 2,250 square feet and currently has 2,250 square feet of vacant space available for lease. The property is configured to accommodate multiple tenants, with spaces ranging from a minimum of 850 square feet to a maximum contiguous space of 1,400 square feet. This presents a unique opportunity for businesses seeking flexible space options in a desirable Glenside location. The address is easily accessible and benefits from high visibility, making it an ideal location for attracting customers. The property is classified as retail and is ready for immediate occupancy. Interested parties are encouraged to inquire about lease terms and availability. The property's convenient location in Glenside, PA offers excellent access to local amenities and a strong customer base. This is a prime opportunity to establish or expand a retail business in a thriving community. The flexible space options allow for customization to suit various business needs. Don't miss this chance to secure your space in this vibrant commercial center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,724,024
    6.5%
    $3,437,560
    7%
    $3,192,020
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,045,300
    Geo Method
    $5,045,300
  • Alternative Use

    Use
    Valuation
    Residential
    $2,899,711
    Hospitality
    $2,656,120
    Educational
    $2,209,860
    Medical
    $2,285,861
    Retail
    $3,437,560
540 Mount Carmel Ave, Glenside, Pennsylvania

Location Insight

City
Glenside
County
Montgomery
State
Pennsylvania
Latitude
40.1069
Longitude
-75.1623
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
2023
$47,653
-
-
$713,500
-
-
-
$713,500

FAQs

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