Property Details
110-112 Bala Avenue, Bala Cynwyd Pennsylvania 19004
For Sale $1,500,000Description
110-112 Bala Avenue, Bala Cynwyd, PA 19004
Offices - Pennsylvania
Office Building For Sale – Montgomery County, PA
Fully occupied multi-tenant office building containing approximately 8,430 SF, ideally located on Bala Avenue within the City Avenue and Bala Avenue Redevelopment Districts. This well-positioned investment offers significant upside potential, with current rental rates substantially below market. The property may also present future redevelopment potential, subject to applicable approvals.
The building generates a gross annual income of $103,220, with annual operating expenses of $67,588, resulting in a net operating income of $35,632. Additional features include 15+ off-street parking spaces and annual real estate taxes of $22,509. An excellent opportunity for investors seeking value-add potential in a growing commercial corridor.
PROPERTY FACTS:
- Building Type: Office Building
- Building Height: 3 Stories
- Building Class: C
- Year Built: 1925
- Size: 8,430 SF
- Typical Floor Size: 3,067 SF
- Tenants: Multiple
HIGHLIGHTS:
- Located within both the City Avenue and Bala Avenue Redevelopment Districts, offering long-term redevelopment potential.
Property Features
- Offices
- Floor Area is 8,430 sqft
- 20 Car Spaces
- 20 Parking Spaces
- Accessible to major roadways
- Close access to Philadelphia
- Corner Location
- Current Tenancy
- On-site parking lot
Commercial Features
Zone
CAD-BV - Commercial Activity District
