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610-612 Lancaster Ave 3,434 SF 100% Leased Retail Building Bryn Mawr, PA 19010 $1,400,000 ($407.69/SF) 6.44% Cap Rate
Executive Summary
Rare Main Line Mixed-Use Investment Opportunity
Prime Lancaster Avenue (Route 30) Frontage
Located in the Heart of Bryn Mawr
Recently Renovated Throughout
3,200 SF Restaurant Space
Restaurant Seats 70+ Guests
Two Oversized 2-Bedroom / 1-Bath Apartments
Strong In-Place Income Potential
Optional Liquor License Available Separately ($300,000. R License)
Real Estate Can Be Purchased Without Liquor License
Flexible Acquisition Structure - Quick Close
New Commercial Kitchen Installed in 2024
Renovated Bathrooms
Four New High-End HVAC Units Installed
Significant Interior Improvements Completed
Turnkey Restaurant Infrastructure
Walkable to Restaurants, Retail & Medical Offices
Affluent Main Line Demographics
Excellent Visibility & Traffic Counts
Ideal for Investors, Owner-Users & 1031 Exchange Buyers
Recent Appraisal Supporting Current Real Estate Valuation
Prime Lancaster Avenue (Route 30) Frontage
Located in the Heart of Bryn Mawr
Recently Renovated Throughout
3,200 SF Restaurant Space
Restaurant Seats 70+ Guests
Two Oversized 2-Bedroom / 1-Bath Apartments
Strong In-Place Income Potential
Optional Liquor License Available Separately ($300,000. R License)
Real Estate Can Be Purchased Without Liquor License
Flexible Acquisition Structure - Quick Close
New Commercial Kitchen Installed in 2024
Renovated Bathrooms
Four New High-End HVAC Units Installed
Significant Interior Improvements Completed
Turnkey Restaurant Infrastructure
Walkable to Restaurants, Retail & Medical Offices
Affluent Main Line Demographics
Excellent Visibility & Traffic Counts
Ideal for Investors, Owner-Users & 1031 Exchange Buyers
Recent Appraisal Supporting Current Real Estate Valuation
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,434 SF
Building Class
C
Year Built
1930
Price
$1,400,000
Price Per SF
$407.69
Cap Rate
6.44%
NOI
$90,120
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.11 AC
Zoning
C-4 - Highway Commercial (Haverford Township)
Parking
4 Spaces (1.16 Spaces per 1,000 SF Leased)
Frontage
41’ on Lancaster Avenue
Amenities
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Numbers | Improvements Assessment | $179,980 | |
| Land Assessment | $450,440 | Total Assessment | $630,420 |
Property Taxes
Parcel Numbers
Land Assessment
$450,440
Improvements Assessment
$179,980
Total Assessment
$630,420
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610-612 Lancaster Ave
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