Sold

452 S Roberts Rd

Bryn Mawr PA, 19010

$19,880,000


$209.44 per sqft

Sold

94,918 sqft

Commercial

Built in 1960

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.

PADE2009644

MLS ID

March 15, 2024

Updated

Map

452 S Roberts Rd
Bryn Mawr PA, 19010

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air, Baseboard, Hot Water, Natural Gas, Oil

Exterior/Building Features

Other Property Details

Area Name

RADNOR TWP


Days on Market

99


Garage

No


Parking Total

30


View

No


County

DELAWARE


Water Source

Public


Pool

No


Zoning

The property is currently zoned Planned Institutional, allowing college, school, religious, or student infirmary use by right.


Buyer Agency Compensation

2%

Listed by David C England, with BHHS Fox & Roach Wayne-Devon
Listing Contact: 6103312173 

The IDX display contains information sourced from the Bright MLS, Inc. as of 3/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 3/15/2024 at 7:23 PM UTC

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