115 Montgomery AveNorth Wales, PA 19454

Property Details for 115 Montgomery Ave

Year built

1992

Lot size

0.27 AC

Property size (Sq ft)

7,272 SF

Zone code

OR

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

14-00-01916-00-5

APU

140001916005

Description

This exceptional commercial property, located at 115 W Montgomery Ave in North Wales, Pennsylvania (19454), offers a diverse range of office spaces ideal for various business needs. The building, constructed in 1992 and renovated in 2019, boasts a total of 7,272 square feet across two stories. Currently, 4,200 square feet of space is available for lease, divisible into units ranging from 750 to 925 contiguous square feet. The property is classified as Class B and sits on a 0.27-acre lot (11,761 square feet), zoned R – Office Residential. Amenities include ample parking with 20 spaces and convenient elevator access. The building's versatile nature accommodates a variety of uses, including traditional office, executive office, coworking, medical office, and creative office spaces. Its prime location in the North Wales submarket of Montgomery County provides excellent accessibility and visibility. The property's APN is 14-00-01916-005. This is a multi-tenant building offering a flexible and adaptable workspace solution. Don't miss this opportunity to secure your ideal office space in a thriving Montgomery County location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,806,478

  6.5%

  $1,667,518

  7%

  $1,548,409

• Comparable approach

  Method

  Valuation

  Relative Method

  $956,546

  Geo Method

  $950,160

• Alternative Use

  Use

  Valuation

  Residential

  $2,067,722

  Hospitality

  $1,894,022

  Educational

  $1,575,804

  Medical

  $1,629,998

  Retail

  $2,451,251

Location Insight

City

North Wales

County

Montgomery

State

Pennsylvania

Latitude

40.2097

Longitude

-75.2761

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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