932 W Lancaster Ave, Bryn Mawr, PA 19010

$1,400,000

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List Price: $1,400,000
Days on Market: 10
Status: ACTIVE
MLS#: PAMC2186970
Lot Size (Acres): 0.12
Year Built: 1920
County: Montgomery
School District: Lower Merion

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Property Description

Unique offering for a mixed-use property located in the heart of the downtown Bryn Mawr business district. The property consists of two buildings. Building 1 (located along Lancaster Avenue) includes a first-floor retail/office space with approximately 1,800 square feet. The second floor offers two (2) 1-bedroom apartments and one (1) studio apartment. The third floor offers one (1) 2-bedroom apartment. Building 2 (located to the rear of building 1) is a 2-story townhouse offering 2 bedrooms, two (2) full bathrooms and one (1) half bath along with dedicated off-street parking. Both buildings are fully occupied. Building 1 was renovated in various years, which included: Tenant fit out, Gas fired HVAC unit in retail area, Security Camera system, Coin operated Washer/Dryer area, various windows, and parking lot resurfacing. In addition, new, individualized split HVAC units were installed in 2025 for each of the following units on the second floor allowing each unit to pay utilities directly. Building 2 was renovated in 2019 and 2025, which renovation included: second bedroom and bath, moving kitchen to grade level, separating electric service and new gas fired hot water boiler and electric domestic hot water heater. The property is located within walking distance of the regional rail and amtrack (Bryn Mawr) stations and SEPTA bus stops. The property is also located within walking distance of Villanova University, Haverford College and Bryn Mawr College. The property has maintained a strong leasing history with virtually no extended vacancy during the current owner's ownership (21 years).

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