930 W Lancaster Ave, Bryn Mawr, PA 19010

$2,999,595

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List Price
$2,999,595
Days on Market
0
Status
ACTIVE
MLS#
PAMC2193872
Lot Size (Acres)
0.23
Year Built
1960
County
Montgomery
School District
Lower Merion

Property Description

*Long Term Leases. * Rare Main Line investment offering with a 60+ year tenant: Fine Wine & Good Spirits-Pennsylvania Liquor Store * Mixed-use income stream: retail liquor store, one 1-bedroom apartment, and one 2-bedroom apartment * Liquor store lease runs through 2028, with tenant expressing interest in renewing and rebranding to a premium store concept * On-site coin-operated laundry room adds supplemental income * Rear parking lot with 17 spaces — a major value-add in this high-demand corridor * Net Operating Income (NOI): $178,386.12. Cap Rate: 6% Asking Price: $2,999,595.00

Additional Information

Area
Lower Merion Twp (10640)
Taxes
$31008
School District
Lower Merion
Heating
Other
Heating Fuel
Other
Cooling
Window Unit(s), Central A/C
Roof
Architectural Shingle, Other
Water
Public
Sewer
No Septic System

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of KW Commercial. Contact: 2156641091