Renovated Mixed-Use
New
For Sale
$2,100,000
1 PENNSYLVANIA AVENUE, Wayne, PA 19087
Renovated residential and commercial property with transit access and off-street parking.
Property Size4,000 SF
Price / SF$525
Days on Market4
Property Features for 1 PENNSYLVANIA AVENUE
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 1BR/1BA, 1 x 2BR/1.5BA, 1 x 2BR/1BA
Multifamily Units
4
Amenities
off-street parking
in-unit laundry
Building Details
Year Built
1920
Year Renovated
2024
Listing Agency:
Coldwell Banker Realty
(484) 799-9197
Listed By:
Kate Muckenhirn
(484) 799-9197
Source:
Cummingsrealtors
Added: Aug 29
Changed: Aug 31
Last Checked: Aug 31 at 1:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 4,000-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 1BR/1BA units, one with a private deck, along with a 2BR/1.5BA apartment and a 2BR/1BA apartment. Renovations completed in 2024 added white shaker kitchens, quartz countertops, stainless appliances, dishwashers, and in-unit laundry. An off-street parking lot serves the property, which was built in 1920.
The property is across from Wayne Station on SEPTA’s Paoli/Thorndale line, with Lancaster Avenue shopping and dining nearby. Wayne Station connects to Center City in roughly 30 minutes, while Route 30, I-476, and the Pennsylvania Turnpike are all minutes away. King of Prussia, Villanova University, and a major employment corridor are within a short drive.
The property is across from Wayne Station on SEPTA’s Paoli/Thorndale line, with Lancaster Avenue shopping and dining nearby. Wayne Station connects to Center City in roughly 30 minutes, while Route 30, I-476, and the Pennsylvania Turnpike are all minutes away. King of Prussia, Villanova University, and a major employment corridor are within a short drive.
Key Highlights
- Four residential units plus a ground‑floor commercial space occupied by a neighborhood market
- Unit mix includes two 1BR/1BA, one 2BR/1.5BA, and one 2BR/1BA apartment
- Residential renovations completed in 2024 with quartz counters, stainless appliances, dishwashers, and in‑unit laundry
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,467
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated residential and commercial property with transit access and off-street parking.
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 plus a ground‑floor commercial space occupied by a neighborhood market; Unit mix includes two 1BR/1BA, one 2BR/1.5BA, and one 2BR/1BA apartment; Residential renovations completed in 2024 with quartz counters, stainless appliances, dishwashers, and in‑unit laundry
