Pending

7801 Montgomery Ave

Elkins Park PA, 19027

$579,999


$102.40 per sqft

Pending

5,664 sqft

Commercial

Built in 1870

An expansive commercial unit on the 1st floor and two apartments on the 2nd floor. The commercial space was once home to a renowned hair salon but is now ready for its new owners and endless possibilities. With the building located steps away from the Elkins Park train station and the abundance of street parking, your business will allow customers and employees to come and go with ease.
The first floor is currently one large open floor plan with a single wall to create a separation, 4 smaller rooms, a utility area, laundry room, and 2.5 bathrooms. Floor plans are available. You can also access the basement from 2 different points. And with its 9'8ft ceilings and three magnificent floor to ceiling windows, this is anything but an average commercial space. The zoning on this property allows for it to be used as a Bank or Financial Institution, Bed and Breakfast, Personal Care Business, Professional Service Business, Restaurant, Retail Shop, Studios for Dance, Art, Music, Photography, Yoga, or similar, Medical Office.

For convenience there is a separate entrance to the apartments on the 2nd floor. Upstairs is a 1 bedroom 1 bathroom apartment (tenant currently pays $950/mo on a month to month lease - tenant would like to stay) and a 3 bedroom 1 bathroom apartment (recently had rented out at $2,000/mo - currently vacant). One bedroom tenant pays for gas/electric. Owner pays water.

Both apartments are equipped with new forced air heating (gas) and cooling (2023). The 3 Bedroom unit was renovated in 2023 with new flooring, new kitchen, and a new back deck. All new HVAC ductwork in the commercial space (2024). Most of the roof was re-done in 2022. There are 4 parking spots in the rear of the building. The commercial unit has 3 parking spots and the one bedroom unit has 1 parking spot

PAMC2119528

MLS ID

October 8, 2024

Listed

January 2, 2025

Updated

Map

7801 Montgomery Ave
Elkins Park PA, 19027

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.22 Acres


Sewer

Public Sewer

Other Property Details

Area Name

CHELTENHAM TWP


Taxes

$12,163


Tax Frequency

Annually


Days on Market

87


Garage

No


Parking Total

4


View

No


County

MONTGOMERY


Water Source

Public


Pool

No

Listing History

Date

Event

Price

1/2/2025

Pending

11/15/2024

Price change

$579,999

-2%

Listed by Compass Pennsylvania, LLC
Listing Contact: 6096056507 

The IDX display contains information sourced from the Bright MLS, Inc. as of 1/2/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 1/2/2025 at 9:49 PM UTC

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