10,019 Sqft Lot
10,019 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Under Contract
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
* 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
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