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Storefront Retail Space
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240 E LANCASTER AVENUE #RETAIL UNIT, Wayne, PA 19087

COMMERCIAL - WAYNE, PA

Property SizeContact for details
Days on Market50

Property Features for 240 E LANCASTER AVENUE #RETAIL UNIT

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active

Building Details

Year built 1900
Listing Agency: BHHS Fox & Roach Malvern-Paoli Sales Office · Berkshire Hathaway HomeServices
Listed By: Ralph Iacovino III
Added: Jun 23 Changed: Aug 4 Last Checked: Aug 11 at 5:06PM
MLS# PADE2118208

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront property dates to 1900 and offers a customer-facing retail area with glazed frontage and an awning along Lancaster Avenue. The configuration also includes a rear area that can accommodate inventory, deliveries, shipping activity, or additional operational space.

Located at 240 E Lancaster Avenue in Wayne, Pennsylvania, the property provides direct exposure along the avenue. Its combination of public-facing retail space and supporting back-of-house area suits a variety of storefront-oriented commercial uses.

Key Highlights

  • Glazed storefront with awning along Lancaster Avenue
  • Rear area supports inventory, deliveries, and shipping
  • Built in 1900

Property Analytics

Current Use

Main Line Fireplaces Hardware & Home Improvement

Suggested Use

Top Pick Auto Parts Store Pharmacy Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,135
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19087, PA

33,501
Population
12,829
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$165,451
Median Household Income
$71,234
Median Earnings
$2,130
Median Rent
$693,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Glazed frontage and an awning support retail presentation, with rear space for deliveries, inventory, and shipping.
Where is this storefront property located?
The property is located at 240 E LANCASTER AVENUE #RETAIL UNIT Wayne, PA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Glazed storefront with awning along Lancaster Avenue; Rear area supports inventory, deliveries, and shipping; Built in 1900
More about this property
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