Address
452 S Roberts Road Bryn Mawr, PA
Price
$ 17,500,000
Property Attributes
  • MLS#PADE2009644
  • TypeCommercial
  • CountyDELAWARE
  • CityBryn Mawr
  • AreaRadnor Twp
  • Zip19010
  • StyleMedical
  • Price$ 17,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage94918
Listing Provided Courtesy Of:
BHHS Fox & Roach Wayne-Devon
Data Source:
Bright MLS - 382 - MD
Property Description

This beautiful, 43.5-acre property at 452 South Roberts Road is now for sale just nine miles west of Philadelphia in Bryn Mawr, Pennsylvania. If your clients are looking for a site to expand or establish facilities this is a unique opportunity to do so. Villanova University, Bryn Mawr College, Rosemont College, and Bryn Mawr Hospital are all located within two miles of the property, while the zip code had the fifth-highest home prices in Pennsylvania in 2020. The average household income in the area is $105,000. The Radnor school district ranked among the top ten in the state. The property is currently zoned Planned Institutional, allowing college, school, religious, or student infirmary use by right. By special exception, a home for children/elderly/handicapped/indigent, a medical or health center, convalescent home, or nursing home is permitted. As an accessory use, playing fields or recreational facilities, dormitories, and other student or faculty dwellings are permitted. Single or multifamily residential use would require a rezoning. Surrounding neighborhoods are zoned R1, R1A, and R2 which include one acre, 30,000 sf, and 20,000 sf lots respectively. Preliminary drawings show that 33 or 32 lots could be placed on the property are included in the MLS documents. The asking price of $17.5M is for a transaction involving a reasonable (+/-60 day) due diligence and a +/- 30 day period until closing with no approval contingencies. The owner is also willing to consider transactions that involve approval contingencies. If you are interested in such a transaction then the price and deposits should recognize the fact that the owner will be required to bear carrying costs, loss of interest, and the risk of approvals, amongst other things. Access to the Septa Norristown High-Speed line (Roberts Road Station) is one mile away, Septa Regional Rail line (Bryn Mawr Station) and I-476 (the Blue Route) are within two miles and Amtrak (Ardmore Station) is three miles away. Ten buildings on the property (previously the Presbyterian Children’s Village) include the Glencoe Estate Mansion built 1907 (Robinson Hall with administrative offices), the Youth Cultural Center (classrooms, gym, cafeteria, religious center, offices, and maintenance area), the carriage house (residence apartments, offices, and maintenance area), six cottages (dormitories) and caretaker’s home. Playing fields are located on the northwest side of the property. Please do not enter the property unescorted for any reason. There are cameras on site. Contact the listing agent via email to arrange for a tour with the listing agent and owner's representative. We are now requesting final and best offers from all interested parties in the form of a written LOI by January 12, 2022. Please review the letter of intent guidance information in the MLS documents section. The current owner is a tax-exempt organization so no real estate taxes are shown. All information provided is from sources deemed reliable but no warranty or representations are made as to the accuracy of this information. This information is subject to errors, omissions, later changes, prior sale, leasing, financing or withdrawal without notice, etc. No liability of any kind is to be imposed against the Broker herein.

Price History
10/22/2021 Listed $17,500,000

General Features

Accessibility Other
Business Type Medical, Other
Construction Materials Brick
Cool Fuel Electric
Cooling Wall Unit
County DELAWARE
Days on Market 38
Exclusions All items remaining on the property as of settlement.
Heating Forced Air, Baseboard - Hot Water
Lot Size Square Feet 0.00
MLS Area Radnor Twp (10436)
Municipality RADNOR TWP
New Construction No
Ownership Fee Simple
Possession 120-180 Days
Price Per Sq Ft 184.37
Property SubType Land for Commercial Use
Property Type Commercial Sale
Sewer Public Septic
Tax Annual Amount 0.0
Tax Lot 110-000
Tax Year 2021
Utilities Electric Available, Natural Gas Available, Sewer Available, Under Ground
Vacation Rental Y/N No
Water Access Y/N No
Zoning PLANNED INSTITUTIONAL
Zoning Description The property is currently zoned Planned Institutional, allowing college, school, religious, or student infirmary use by right.

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas, Oil
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 94918.00
Car Parking Spaces 30
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.00
Lot Size Source Assessor
Navigable Water Y/N No
Total Parking Spaces 30
Type of Parking Parking Lot, Driveway
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19010

Price
AVG $1.7M
$17.5M
Visits
AVG 47
5
Walkscore
AVG 68
7
Data Provided by Walkscore ® not using MLS data

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