137 W LANCASTER Avenue Downingtown, PA 19335
MULTI_FAMILY - Other - DOWNINGTOWN, PA
Property size:
3,000 SFLot size:
0.13 AcresPrice / SF:
$141/SF- Added:
- Jul 7, 2022
- Days on Market:
- 1401
- Last Refresh:
- May 7 at 2:06 am
Property Features for 137 W LANCASTER Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 8
- Parking features
- Driveway
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3485
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1950
- Number of units
- 2
- Building materials
- Frame, Stucco
- Architectural style
- Other
Listing agent Peter B Gustis License #RS295392 (610) 209-9219
Listing office Springer Realty Group 760 Constitution Drive unit: 106, Exton, PA (484) 498-4000
Listing date Jul 7, 2022
MLS# PACT2028520
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High potential cap rate of 6.8% for investors.
- Prime location: Just 1 block from Downingtown Train Station and half a block from Septa Bus Stop, right on Main Street.
- Mixed‑use property featuring a storefront and a 1‑bedroom apartment with 2 bathrooms.
- Benefit from 8 parking spots included with the property.
- Potential for additional bedroom by finishing the 3rd floor.
- Great opportunity for business owners or investors.
Overview
Downingtown Mixed-Use Investment Opportunity
Located at 137 W Lancaster Ave in Downingtown, PA, this mixed-use property features a storefront and a one-bedroom apartment with two bathrooms. The third floor, previously finished, offers the potential for an additional bedroom. The property includes eight parking spots. The location is one block from the Downingtown Train Station and half a block from the Septa Bus Stop, situated on Downingtown's Main Street. The first floor was converted into a larger storefront. The property presents an investment opportunity or a location for a business. The owner is relocating, and the business is not included in the sale. The lot size is 0.1286 acres, and the property size is 3000 square feet. The potential cap rate is 6.8%.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conley Kitchens & Baths
Kitchen & Bath Showroom
Smoker’s Emporium Smoke ...
(Bike/Boat/Book/etc) Store
Salon DeSante
Hair Salon
Location Insight
- Map
- Local Demand
- City
- Downingtown
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.7099293
- Latitude
- 40.0028909
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with storefront and apartment near transportation.
Where is this mixed-use property located?
The property is located at 137 W LANCASTER Avenue Downingtown, PA.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: High potential cap rate of 6.8% for investors.; Prime location: Just 1 block from Downingtown Train Station and half a block from Septa Bus Stop, right on Main Street.; Mixed‑use property featuring a storefront and a 1‑bedroom apartment with 2 bathrooms.
