350 MONTGOMERY AVENUEMERION STATION, PA 19066

Commercial · 1,900 Sq. ft. | 0.06 Acres
$600,000 ACTIVE

350 MONTGOMERY AVENUE Overview

Time on Site:
65 days
Visits:
6

This commercial property, constructed in 1947, presents a unique investment opportunity for discerning investors seeking to capitalize on a below-average condition asset with significant potential for value enhancement. Situated on a compact 0.06-acre lot, this property is strategically located within a vibrant area, offering convenient access to essential transportation links, including an airport less than 10 miles away and a metro/subway station within 1 to 3 miles. Such accessibility is a key factor in attracting tenants and ensuring high occupancy rates. The building features durable cement siding and hardwood flooring, providing a solid foundation for renovation and modernization efforts. While the property is currently in below-average condition, this presents a prime opportunity for investors to implement strategic improvements that can significantly increase its market value and rental income potential. The existing structure allows for a variety of commercial uses, making it adaptable to changing market demands. Investors will benefit from the absence of association fees, allowing for greater flexibility in managing operational costs. The property is equipped with essential utilities, with the owner responsible for all utilities, personal property taxes, real estate taxes, and trash collection services. This straightforward expense structure simplifies financial forecasting and enhances the property's appeal to potential tenants. The surrounding area boasts a mix of commercial and residential developments, ensuring a steady flow of potential clientele. The proximity to major transportation hubs further enhances the property's attractiveness, making it an ideal location for businesses seeking visibility and accessibility. With the right vision and investment in renovations, this property has the potential to yield substantial returns. Investors can leverage the current market dynamics to reposition the asset, attract quality tenants, and achieve a favorable cash flow. The combination of location, accessibility, and the opportunity for value-add improvements makes this property a compelling addition to any investment portfolio. Seize this opportunity to invest in a property with untapped potential and position yourself for future growth in a thriving market.

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350 MONTGOMERY AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 1,900
  • Price/Sq.ft. $316
  • Lot 0.06 Acres

Details

General

Income/Expenses

  • Gross Income: 500000.00
  • Income Includes: Professional Offices
  • Operating Expense Includes: Electric,Heating/Cooling,Insurance,Landscaping,Snow Removal,Trash,Water,Sewer

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1947

Business Information

  • Business Type: Professional

Location/Region

  • Country: US
  • County: MONTGOMERY
  • County Or Parish: MONTGOMERY
  • MLS Area Major: Lower Merion Twp (10640)

Parking Information

  • Total Parking Spaces: 2
  • Type of Parking: Parking Lot

Rent/Lease Information

  • Lease Considered: Yes

Tax Information

  • County Tax: 1259.00
  • County Tax Payment Frequency: Annually
  • School Tax: 8135.00
  • Tax Annual Amount: $10,620.00
  • Tax Assessed Value: 230680.00
  • Tax Year: 2026

General Information

  • Exclusions: Tenant's business fixtures and belongings
  • Property Condition: Below Average
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • School District Name: LOWER MERION
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: COMMERCIAL

Unit Information

  • Other Units: Unit 1,Unit 1,Unit 1,Unit 1,Unit 1

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0
  • Total Restrooms: 3

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 1900.00
  • Central Air: Yes
  • Hot Water: Electric

General Information

  • Accessibility Features: None
  • Basement: Yes
  • Cooling: Central A/C
  • Flooring: Hardwood
  • Heating: None
  • Other Equipment: None
  • Stories Total: 2

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2614.00
  • Lot Size Units: Square Feet
  • Water Source: Community

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer
  • Water Access: No

350 MONTGOMERY AVENUE Neighborhood

Community

19066 (MERION STATION) Demographics

44
Median Age
3,898
Population Density (per sq. mile)
87%
College Educated
$220,329
Estimated Median Income
1,579
Estimated Total Home Owners
82
Estimated Total Renters
95% / 5%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

350 MONTGOMERY AVENUE Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

350 MONTGOMERY AVENUE Market Data

Based on the last 30 days in this zip code

$1,223,799
Average List Price
$355
Average Price per Square Foot
9
Properties Sold
76
Average Days on Market
20
Properties for Sale
Calculations provided by Reliance Network

350 MONTGOMERY AVENUE History

Date Event Value Agent
4/25/2026Source: BRIGHT MLS Price Reduction
$600,000 -25.0%
4/25/2026Source: BRIGHT MLS Added to Database
April 25, 2026
12/19/2025Source: BRIGHT MLS Added to Database
December 19, 2025
Listing provided courtesy of Elite Level Realty- MLS# PAMC2177042MLS ProviderContact Information: [email protected] - 2159045400