163 BALA AVENUE, BALA CYNWYD, PA 19004

This property is being sold in as is condition. This is a prime location for development of a high rise condo development. Listed on historic registry for the facade of the building. Movie theater with 975 seats split into 3 viewing rooms, a large office and room for parties on the second floor. 3rd floor projection room.  Previously leased at $10,000/month, now vacant.  Additional 4 commercial spaces - 2 rented - Slices and Rolls @ $3,000/month, Hair Salon @$1,200/month. 2 vacant storefronts. 4 residential apartment spaces at $900/month totaling $3,600 100% rented.  Landlord pays for gas heat, water and trash. There is also a 3 plus car detached garage in the rear of the building ( 2,500 sq ft) currently occupied by landlord and about 20 parking spots. Great location for redevelopment. Also listed is 124 Bala and 128 Bala.