Mixed-Use Property with 4
For Sale
$2,000,000
1 PENNSYLVANIA Avenue, Wayne, PA 19087
Multi-Family, WAYNE, PA
Property Size3,500 SF
Lot Size0.54 Acres
Price / SF$571.43
Days on Market70
Property Features for 1 PENNSYLVANIA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
6
Parking features
Parking Lot, Off Street
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
Additional Details
Tenant in Place
Yes
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
(215) 923-7600
Listed By:
Kate Muckenhirn · License #RS311119
(484) 799-9197
Added: Aug 27
Changed: Nov 4
Last Checked: Nov 4 at 5:06PM
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.
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Investment Insights
Based on property information with market context.
This 3,500-square-foot mixed-use property combines four apartments with a ground-floor commercial space occupied by a neighborhood market. The residential mix includes two 1-bedroom units, one with a private deck, and two 2-bedroom units. Renovation work completed in 2024 added white shaker cabinetry, quartz counters, stainless steel appliances, dishwashers and in-unit laundry. The property was built in 1920 and sits on 0.54 acres with an off-street parking lot.
Wayne Station, serving SEPTA’s Paoli/Thorndale line, is across the street. Lancaster Avenue’s shops and dining are nearby.
Wayne Station, serving SEPTA’s Paoli/Thorndale line, is across the street. Lancaster Avenue’s shops and dining are nearby.
Key Highlights
- Four apartments: two 1‑bedroom and two 2‑bedroom units
- Ground‑floor commercial space occupied by a neighborhood market
- 3,500 square feet on a 0.54‑acre lot
Property Analytics
Who owns this building?
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,467
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The 2024 renovation brought updated kitchens and in-unit laundry to the residential units.
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 $2,000,000.
What are key features of this property?
This property features: Four apartments: two 1‑bedroom and two 2‑bedroom units; Ground‑floor commercial space occupied by a neighborhood market; 3,500 square feet on a 0.54‑acre lot
