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$600,000
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Property Description
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.
Full Property Details
Full Property Details for 350 Montgomery Ave
General
- Price: $600,000
- Taxes: $10,620 (2026)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAMC2177042
- Updated: 4/25/2026
- Added to Site: 68 day(s) ago
Business
- Business Type: Professional
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 2
- Parking Type: Parking Lot
Location
- Area: Lower Merion Twp (10640)
- Municipality: LOWER MERION TWP
- County: MONTGOMERY
- Driving Directions: Montgomery Ave between Bowman Ave & Levering Mill/Old Lancaster Ave. Next to Hymie's.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: None
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Community
Structural Information
- Construction: Brick
- Basement: Yes
- Ceiling Height: 12' to 15'
- Stories/Levels: 2
- Building Size: 1900
- Year Built: 1947
- Year Built Source: Estimated
- Property Condition: Below Average
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Size Source: Estimated
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $315.79
- For Lease: Yes
- Assessment Year: 2026
- School Tax: $8,135
- County Tax: $1,259
- County Tax Freq: Annually
- Tax w/Assessment: $230,680
- Tax Amount: $10,620
- Tax Year: 2026
- Owner Pays: All Utilities, Taxes - Personal property, Taxes - Real Estate, Trash Collection, Services (All)
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's business fixtures and belongings
- Lot Number: 295
Listed by Elite Level Realty, Mejire Arijaje
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Schools
Schools serving 350 Montgomery Ave
School District:Lower Merion School District
| Name | Grades | Distance |
|---|---|---|
Bala-Cynwyd Middle School 510 Bryn Mawr Avenue, Bala Cynwyd, PA 19004 | 5-8 | 0.6 mi |
Merion El School 549 South Bowman Avenue, Merion Station, PA 19066 | K-4 | 0.7 mi |
Lower Merion High School 315 East Montgomery Avenue, Ardmore, PA 19003 | 9-12 | 1.9 mi |
Harriton Senior High School 600 N Ithan Ave, Rosemont, PA 19010 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 350 Montgomery Ave
Date
Details
Price
Change
Source
4/25/2026
Price Reduced
$600,000
-25%
MLS
4/24/2026
Listed
$800,000
60%
MLS
5/07/2021
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 350 Montgomery Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$10,537
4%
$230,680
—
2024
$10,092
5%
$230,680
—
2023
$9,634
4%
$230,680
—
2022
$9,232
2%
$230,680
—
2021
$9,062
2%
$230,680
—
2020
$8,855
3%
$230,680
—
2020
$8,638
2%
$230,680
—
2019
$8,486
2%
$230,680
—
2018
$8,331
2%
$230,680
—
2017
$8,174
5%
$230,680
—
2016
$7,816
4%
$230,680
—
2015
$7,538
6%
$230,680
—
2014
$7,111
—
$230,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 350 Montgomery Ave
350 Montgomery Avenue, Merion Station, PA 19066 (MLS# PAMC2177042) is a Commercial Service property. 350 Montgomery Avenue is currently listed for $600,000 and was received on April 24, 2026. Want to learn more about 350 Montgomery Avenue? Do you have questions about finding other Commercial Service real estate for sale in Merion Station? You can browse all Merion Station real estate or contact a Coldwell Banker agent to request more information.

