129 Montgomery Avenue, Bala Cynwyd PA 19004

Retail - Pennsylvania

Mixed-Use Property For Sale – Montgomery County, PA

ideally located in Lower Merion Township’s VC (Village Center) Zoning District, offering a versatile mix of permitted commercial, mixed-use, residential, and assembly uses. The property currently consists of three established rental units, including a dry cleaner, apartment, and community hall, with all existing tenants expressing interest in renewing their leases. Situated in a prime location along Montgomery Avenue with convenient access to public transportation, this property presents an excellent investment opportunity with stable existing income and future flexibility. Permitted uses within the VC District include multifamily residential (subject to regulations), shared residences for the elderly or disabled, student housing (subject to regulations), auto-related services, daycare, mixed-use development, food and beverage establishments, office, open-air retail, places of assembly (including synagogue/church uses), retail, and specialized retail. Annual real estate taxes are $11,464.

PROPERTY FACTS:

• Building Type: 3 Existing Rental Units – Dry Cleaner, Apartment and Community hall
• Building Height: 3 Stories
• Size: 4,100 SF
• Year Built: 1900
• Tenants: Multiple. Tenants would like to renew their lease.