Buy an Ex-Bank for $1.1M?
The former TD Bank building on Montgomery Avenue in Penn Valley is for sale.
Patch wants to hear from residents of Narberth, Bala Cynwyd and beyond: What should fill the retail vacancies of your neighborhood streets?
Today, we're spotlighting the former TD Bank at 921 Montgomery Ave. in Penn Valley.
The property is zoned C-1, which allows a variety of uses under Chapter 155, Article XVI of Lower Merion Township's zoning code. Parking spaces are behind the building.
The property most recently sold in 2000 and 1996, for recorded prices of $0 and $1, respectively, according to county property records. Before that, it sold in 1987 for $325,000.
The most recent assessment, in 1997, placed the taxable value at $263,330. The building was erected in 1950.
So tell us in the comments section below: What kind of business would you be most likely to frequent if it moved in? And what other vacancies in town do you have ideas about filling?