Mainline Retail & Multi-Family Development
Location: Narberth, PA
ROR – 14% to 25%
Term – Six to eighteen months
Project Value: $ 5,015,000.00
The project consists of an existing retail building and office building to be razed. The proposed design includes building a 3 story Mixed-Use Commercial/Multi-Family structure, with approximately 6000 SF retail space on the ground floor, and the 2nd & 3rd floor will be +/- 14ea. Units (+/- 20.000 SF); Mainline living include 2 Bedroom/2 Baths & 1 Bedroom/1 Bath Condominiums with high end finishes with an open floor concept. This property is in the highly desirable Philadelphia “Mainline”, which the medium household income of $ 120,000 annually and this the fifth highest per capita in the country. This “Montgomery Avenue” gem is known for its premier boutique shops and restaurant lined streets.