According to officials, firefighters from the Merion Fire Company of Ardmore were called to 11 Cricket Avenue Friday night at 7:24 on the report of a fire alarm.
Arriving crews found heavy smoke in the basement of the two-story building.
The incident commander declared a working fire, and all other Lower Merion fire companies responded.
A burning electrical panel was quickly controlled by both the internal sprinkler system and by firefighters.
The fire was declared under control in 50 minutes, and there were no injuries reported.