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Key Details
Sold Price $346,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,782 sqft
Price per Sqft $194
Subdivision Narberth
MLS Listing ID PAMC658144
Sold Date 10/07/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $4,069
Tax Year 2020
Lot Size 950 Sqft
Acres 0.02
Lot Dimensions 23.00 x 0.00
Property Description
Rare opportunity! This charming Narberth storefront/office with delightful outdoor space and 2-bedroom apartment offers an exciting opportunity for the end user and/or investor looking for a mixed use property in a superb location. The spacious, open main level space is beautifully and tastefully designed making it a bright and cheerful spot from which to run a business or office. The almost 600-sq ft room includes built in counter and cabinetry with sink along the back wall and opens to an enclosed, private brick and flagstone outdoor area. Inside access to full unfinished basement with half bathroom. Separate entrance to upstairs 2 bdrm/1 bath apartment currently rented on a month-to-month basis. Separately metered electric and water. Village Center location means walking distance to Narberth Train and everything this idylic town has to offer. This would be a great spot to live and work from, or you could use one space and rent the other; or an investor could rent out both and have positive cash flow. Fair market monthly rental would be approximately $1950/month for the main, lower level and outdoor space and $1300 for apartment. This is one of those special properties that doesn't come along often.
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning C1
Interior
Hot Water Natural Gas
Heating None
Cooling Window Unit(s)
Flooring Hardwood, Carpet
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-42368-009
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Sean Adams • Compass RE