About 163 Bala Ave
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.
Features of 163 Bala Ave
| MLS® # | PAMC2125640 |
|---|---|
| Price | $4,000,000 |
| Bathrooms | 0.00 |
| Square Footage | 16,623 |
| Acres | 0.69 |
| Year Built | 1945 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 163 Bala Ave |
|---|---|
| Area | Lower Merion Twp |
| Subdivision | BALA |
| City | BALA CYNWYD |
| County | MONTGOMERY-PA |
| State | PA |
| Municipality | LOWER MERION TWP |
| Zip Code | 19004 |
Amenities
| Utilities | Cable TV Available, Phone Connected |
|---|---|
| Is Waterfront | No |
Interior
| Heating | None |
|---|---|
| Cooling | None |
| # of Stories | 3 |
Exterior
| Exterior | Stone |
|---|---|
| Roof | Flat |
| Construction | Stone |
Additional Information
| Date Listed | January 2nd, 2025 |
|---|---|
| Days on Market | 301 |
| Zoning | COMMERCIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Real Estate-Blue Bell |
|---|---|
| Contact Info | 2156462900 |