Lower Merion, PA
Commercial Real Estate Market Trends & Data

$304 Avg asking sale price
$33 Avg asking lease rate
11,447 SF Avg unit lease size
16,233 SF Avg building size for sale
7.04% Average cap rate

Lower Merion's Demographic Profile

Lower Merion has 25,629 households and a median income of $157,843, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 67,525
# Households 25,629
Median age 42
Median household income $157,843
Avg household size 2.0
Renter-occupied housing units 7,141
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lower Merion, PA

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Lower Merion $260 13,057 SF
Penn Valley $238 6,274 SF
Greenwich $156 4,320 SF
Wynnewood $117 11,131 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lower Merion $263 28,840 SF 7.15%
Manayunk $298 12,348 SF 7.15%
Bala Cynwyd $298 34,672 SF 7.15%
Villanova $261 62,839 SF 5.78%

Commercial Properties For Sale in Lower Merion

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Dollar General

Philadelphia, PA 19151

  • 11,131 SF Retail Building
  • $1,300,000
For Sale

135 Montgomery Ave

Bala Cynwyd, PA 19004

  • 2,981 SF Office Building
  • $1,200,000
For Sale

West & Southwest Philadelphia

Philadelphia, PA

  • 5.78% Cap Rate
  • $2,823,000
For Sale

110-112 Bala Ave

Bala Cynwyd, PA 19004

  • 8,430 SF Office Building
  • $1,500,000
For Sale

Whitman Cleaners

Bala Cynwyd, PA 19004

  • 4,100 SF Retail Building
  • $1,200,000
For Sale

Matsonford Rd

  • $2,765,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Lower Merion pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Lower Merion $304 16,233 SF
Penn Valley $219 5,615 SF
Greenwich $118 35,607 SF
Wynnewood $345 32,754 SF

Multifamily Properties For Sale in Lower Merion

For Sale

THE GRACE - 34 Units - Turnkey New Build

Philadelphia, PA 19129

  • 30,000 SF Multifamily
  • 7.15% Cap Rate
  • $9,199,999
For Sale

4254-56 & 4258 Ridge ave

Philadelphia, PA 19129

  • 3,844 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Lower Merion alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lower Merion or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lower Merion 67,525 25,629 42 $157,843 2 7,141 3%
Narberth 4,390 1,871 42 $139,152 2 742 1%
Penn Valley 10,105 4,082 45 $152,599 2 1,081 1%
Greenwich 5,580 1,840 44 $145,370 3 153 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lower Merion, PA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Lower Merion

View All Commercial Real Estate For Sale in Lower Merion
Is Lower Merion a good market for a first-time commercial real estate investor?

Lower Merion offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Lower Merion?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lower Merion. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Lower Merion?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lower Merion. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Lower Merion compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lower Merion. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Lower Merion acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lower Merion, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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