153-163 Bala Ave - Movie Theatre FOR SALE


Bala Cynwyd, PA 19004
$4,500,000 USD
267-210-1052
153-163 Bala Ave, Bala Cynwyd, PA for Sale
$4,500,000 USD
Movie Theatre - FOR SALE
1/38
null | Request Cap Rate

153-163 Bala Ave
Bala Cynwyd, PA 19004


HIGHLIGHTS

  • This is a prime location for development of a high rise condo development.
  • Listed on historic registry for the facade of the building.
  • Bala Cynwyd is easily accessible via U.S. Route 1 (City Avenue) and is near the Schuylkill Expressway (I-76).
  • Public transportation is available through the SeptA Regional Rail and several bus lines, connecting the area to downtown Philadelphia

OVERVIEW

This property is being sold in as is condition. This is a prime location for development of a high rise condo development. Listed on historic registry for the facade of the building. Movie theater with 975 seats split into 3 viewing rooms, a large office and room for parties on the second floor. 3rd floor projection room. Previously leased at $10,000/month, now vacant. Additional 4 commercial spaces - 2 rented - Slices and Rolls @ $3,000/month, Hair Salon @$1,200/month. 2 vacant storefronts. 4 residential apartment spaces at $900/month totaling $3,600 100% rented. Landlord pays for gas heat, water and trash. There is also a 3 plus car detached garage in the rear of the building ( 2,500 sq ft) currently occupied by landlord and about 20 parking spots. Great location for redevelopment. Also listed is 124 Bala and 128 Bala.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C2

APN/PARCEL ID

40-00-03604-001

ASK ABOUT THIS PROPERTY

Gina DorazioKeller Williams Real Estate Blue BellMore Info
267-210-1052

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Gina DorazioKeller Williams Real Estate Blue BellMore Info
267-210-1052

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.