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Renovated Mixed-Use Property
New
For Sale
$2,100,000

1 PENNSYLVANIA Avenue, Wayne, PA 19087

Multi-Family, WAYNE, PA

Property Size3,500 SF
Lot Size0.54 Acres
Price / SF$600
Days on Market3

Property Features for 1 PENNSYLVANIA Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Parking 6
Parking features Off Street, Parking Lot
Subdivision DOWNTOWN WAYNE
Elementary school WAYNE
Middle school RADNOR
High school RADNOR
Elementary school district RADNOR TOWNSHIP
Middle school district RADNOR TOWNSHIP
High school district RADNOR TOWNSHIP
Standard status Active
Size 3,500 SF
Lot size 0.54 Acres

Taxes and HOA fees

Tax Annual Amount 4235

Utilities

Heating system Central
Cooling system Ductless

Building Details

Year built 1920
Number of units 4
Building materials Stick Built, Stone
Architectural style Other
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Kate Muckenhirn · License #RS311119
Added: Aug 27 Last Checked: Aug 29 at 12:06PM
MLS# PADE2122732

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.

Investment Insights

Based on property information with market context.

This 3,500-square-foot mixed-use property combines four renovated apartments with a ground-floor commercial space occupied by a neighborhood market. The residential component includes two one-bedroom, one-bath units, one two-bedroom, one-and-a-half-bath unit, and one two-bedroom, one-bath unit. Renovation work completed in 2024 added white shaker kitchens, quartz countertops, stainless steel appliances, dishwashers, and in-unit laundry; one one-bedroom apartment also includes a private deck. Central heating, ductless cooling, and an off-street parking lot serve the property.

The property is located at 1 Pennsylvania Avenue in Wayne, across from Wayne Station on SEPTA’s Paoli/Thorndale line. Lancaster Avenue’s restaurants, boutiques, coffee shops, and other shopping are nearby. Route 30, I-476, and the Pennsylvania Turnpike are minutes away, while Center City is approximately 30 minutes from Wayne Station. King of Prussia, Villanova University, and a major regional employment corridor are within a short drive.

Key Highlights

  • Four residential units with a mix of 1BR/1BA, 2BR/1.5BA, and 2BR/1BA layouts
  • 3,500 square feet of mixed‑use space on 0.54 acres
  • Ground‑floor commercial space occupied by a neighborhood market

Property Analytics

Current Use

John's Village Market Food Market

Suggested Use

Top Pick HVAC Service Auto Parts Store Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,467
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four apartments and a ground-floor neighborhood market operate within a professionally managed property near Wayne Station.
Where is this mixed-use property located?
The property is located at 1 PENNSYLVANIA Avenue Wayne, PA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Four residential units with a mix of 1BR/1BA, 2BR/1.5BA, and 2BR/1BA layouts; 3,500 square feet of mixed‑use space on 0.54 acres; Ground‑floor commercial space occupied by a neighborhood market
More about this property
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