137 WALLACE AVENUEDOWNINGTOWN, PA19335
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$3,189Fully occupied Commercial property of over 11,000 sf on 1.1 acre lot in Downingtown. On site parking lot that can accomodate 50 plus cars. Tenants include Beer Brewery, auto service and landscaper. Their current monthly rents are $2,500, 2,000, and 1,020, respectably. The Brewery's monthly rent is scheduled to be increased from $2,500 to $4,000 beginning September 1, 2026. This property is a subject of environmental issues: Phase I, II and III investigations have been performed - PA DEP has disaproved Remedial Investigation Report and Clean up Plan, leaving the issues unresolved. To get the issus resolved, a further action is needed and an environmental company has proposed it at an estimated cost of $42,030. Property to be sold in as is condition, and thus, the new owner needs to take the final stage environmental action, assuming the cost.
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Listing first seen on site |
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