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Listed by Amy Yangello • KW Commercial
$ 2,999,595
Est. payment | /mo
10,019 Sqft Lot
$ 2,999,595
Est. payment | /mo
10,019 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAMC2193872
Year Built 1960
Annual Tax Amount $31,008
Tax Year 2026
Lot Size 10,019 Sqft
Acres 0.23
Property Sub-Type Mixed Use
Source BRIGHT
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
* 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
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning BVM4
Interior
Hot Water Natural Gas
Heating Other
Cooling Window Unit(s), Central A/C
Heat Source Other
Exterior
Garage Spaces 17.0
Water Access N
Roof Type Architectural Shingle,Other
Accessibility 32\"+ wide Doors, Other
Total Parking Spaces 17
Garage N
Building
Sewer No Septic System
Water Public
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-29696-009
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations