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Property profile & analytics
OFF-MARKET
Office Spaces

801 Lancaster Ave Downingtown, PA 19335

0.56 ac lot Built 1971
Individually Owned 5-yr Hold
Property ID
US73-0048465
Property summary
AI-generated overview

This exceptional 1,200 square foot office space is ideally situated on Business Route 30 in Downingtown Borough, Pennsylvania. Boasting a high-visibility location within a thriving small shopping center, this property offers excellent signage opportunities and ample on-site parking. The interior layout includes a welcoming reception area, six individual offices providing ample space for staff or clients, a convenient powder room, a dedicated storage room, and a utility room. The property benefits from a newly installed HVAC system (2023), ensuring year-round comfort and efficiency. Tenants are responsible for electricity, water, sewer, and trash removal. An annual shared maintenance fee of $500 per unit is in place. Lease terms are flexible, with a minimum one-year lease available, and longer-term options are also considered. The listed monthly rent serves as a guideline, and final pricing may be adjusted based on the specific business use. The property sits on a 0.56-acre lot. This location is surrounded by successful businesses, making it an excellent choice for companies seeking a prominent presence in a busy commercial area. The property is ready for immediate occupancy.

Property profile
Verified
Property type Office Spaces
Year built 1971
Lot 0.56 ac (24,394 SF)
UPID US73-0048465
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Richard S. Ripley, DC Alternative Medicine Practice
  • Ripley Chiropractic and Wellness Center Alternative Medicine Practice
  • ASR Enterprises Inc Advertising Agency Marketing & Advertising
  • Moretti Music Vocational School Training Center
  • Al Moretti ~ Artist Painter Artist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rita A Fantanarosa · 5 yrs held
Rita A Fantanarosa
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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