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24 W Lancaster Ave
Ardmore, PA 19003
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Centrally located in Ardmore, directly across from Ardmore One and close to Ardmore Train Station and Suburban Square.
  • The third-floor office features vaulted ceilings and exposed red brick, adding unique character to the space.
  • The property has been well-cared for with recent replacements of water heaters (2020) and ongoing upkeep.
  • Renovated in 1993 with updated electrical, plumbing, HVAC, and fire safety systems, including dry sprinklers and fire-rated doors.
  • Fully occupied with six tenants, including long-term leases and month-to-month agreements, providing immediate rental income.
  • Recent improvements include a new roof (5 years ago), updated HVAC (4 years ago), and replaced fire alarm/smoke detectors (3 years ago).

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,250 SF
Building Class
C
Year Built
1920
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.39
Lot Size
0.06 AC
Zoning
ASDD1 - Planned residential development
Frontage
22’ on Lancaster Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
40-00-30036-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$504,900
  • Listing ID: 24241129

  • Date on Market: 10/6/2021

  • Last Updated:

  • Address: 24 W Lancaster Ave, Ardmore, PA 19003

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