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    240 E Lancaster Ave, Unit RETAIL Wayne, PA 19087

    For Sale
    Contact for pricing

    CommercialLease - WAYNE, PA

    Days on Market:
    15
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 240 E Lancaster Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Architectural style
    Other

    Berkshire Hathaway HomeServices Fox & Roach, Realtors [email protected]

    Listing agent Ralph Iacovino III (610) 647-2600

    Listing date Nov 21, 2025

    MLS# PADE2091840 Listing URL

    Copyright © 2025 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.

    Overview

    Retail Space in Downtown Wayne

    This retail space is located in downtown Wayne and offers exposure on Lancaster Avenue. It features a glass storefront with an awning. The layout includes a retail area and a back storage area suitable for deliveries, inventory, and shipping.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Main Line Fireplaces Fireplace Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.38192
    Latitude
    40.04338

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    FAQs

    What type of property is this?
    Retail space - Prime retail space with storefront and storage in Wayne, PA.
    Where is this retail space located?
    The property is located at 240 E Lancaster Ave, Unit RETAIL Wayne, PA.
    What is the asking price?
    The asking price for this property is $2,600.
    What are key features of this property?
    This property features: - Prime downtown Wayne location; - Lancaster Ave. exposure; - Glassed storefront with awning
    (610) 647-2600
    Request Owner's contact information
    240 E Lancaster Ave, Unit RETAIL Wayne, PA 19087
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    Wayne, PA 19087
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    240 E Lancaster Ave, Unit RETAIL Wayne, PA 19087
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