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1 Allison Rd
Oreland, PA 19075
Oreland Shopping Center · Retail Property For Sale
Investment Highlights
- Situated at the intersection of Bruce and Allison Roads, directly across from SEPTA's Oreland Station for excellent accessibility.
- The center features a mix of local and regional businesses, enhancing its appeal and community presence.
- Constructed in the 1950s, the center has a classic charm and character that adds to its appeal.
- Comprised of approximately 19,386 square feet, creating a vibrant hub for local and regional tenants.
- Located in an affluent suburb with average household incomes exceeding $129,000 within a 5-mile radius, providing a strong customer base.
- Oreland is a well-established suburb of Philadelphia, ensuring a stable and supportive environment for businesses.
Executive Summary
The Oreland Center, located at 1 Allison Rd, is an inviting community retail center offering approximately 19,386 square feet of space, occupied by a mix of local and regional tenants, making it a vibrant hub for the area. Constructed in the 1950s, the property boasts historical charm while being conveniently situated at the intersection of Bruce and Allison Roads, directly across from SEPTA's Oreland Station, ensuring excellent accessibility for customers. Nestled in the affluent suburb of Oreland, PA, the center benefits from a strong demographic with average household incomes exceeding $129,000 within a 5-mile radius, providing a solid customer base. Priced at $3,650,000, this property presents a compelling investment opportunity in a well-established market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
19,386 SF
Building Class
B
Year Built
1950
Price
$3,650,000
Price Per SF
$188.28
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
1.55 AC
Zoning
S
Parking
60 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
233’ on Bruce Rd
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 52-00-00220-007 | Improvements Assessment | $431,190 |
| Land Assessment | $589,490 | Total Assessment | $1,020,680 |
Property Taxes
Parcel Number
52-00-00220-007
Land Assessment
$589,490
Improvements Assessment
$431,190
Total Assessment
$1,020,680
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