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$1,420,000
22 Days On Site

145 W LANCASTER AVENUE
DOWNINGTOWN, PA19335

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
9,996
SqFt
$142
/SqFt
1900
Built
County:
CHESTER
Listing courtesy of Real of Pennsylvania
Call Now: 443.632.3000
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443.632.3000
145 W LANCASTER AVENUE145 W LANCASTER AVENUE145 W LANCASTER AVENUE145 W LANCASTER AVENUE
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Monthly Payment (Est.)

$6,479
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Mixed-use investment opportunity located along Lancaster Avenue, one of Downingtown's primary commercial corridors. The property consists of eight one-bedroom residential apartments positioned above two street-level retail storefronts, creating a diversified income stream from both residential and commercial tenants. The residential units benefit from strong rental demand driven by the area's employment base, walkability, and convenient access to the Downingtown Borough center, SEPTA Regional Rail, and Amtrak service. The retail storefronts enjoy visibility along Lancaster Avenue and provide additional income diversification within the asset. The property currently generates approximately $138,528 in annual gross rental income and includes a mix of market-rate and Housing Authority of Chester County (HACC) supported tenants, providing stable occupancy and consistent cash flow. This property is being offered individually or as part of a 75-Unit Portfolio, a larger collection of 11 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandum and Portfolio information, financials, and supplemental offering materials are available upon request.

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Listing Snapshot
Price 
$1,420,000
Days On Site 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,996 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.23 Acres
Year Built 
1900
MLS® Number 
PACT2128994
Status 
Active
Property Tax 
$12,088
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.23
Number Of Stories 
3
Parking 
On StreetParking Lot
Parking Spaces 
8
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
9996
Water Source 
Public
Zoning 
C-2
Interior Features
Appliances 
Gas Water Heater
Cooling 
OtherElectric
Heating 
Natural GasHot Water
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Exterior Features
Construction Details 
Other
Community Features
MLS Area 
Downingtown Boro (10311)
School District 
DOWNINGTOWN AREA
Schools
School District
DOWNINGTOWN AREA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Real of Pennsylvania



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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