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Property profile & analytics

1029 Lancaster Ave Berwyn, PA 19312-1242

  • Commercial real estate
  • 3,663 SF
  • 0.22 lot acres
OFF-MARKET
Value Estimations
$310,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US73-1539004
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Tri State Commercial Realty / Commercial Real Estate Agency

Property Details for 1029 Lancaster Ave

Year built
1920
Lot size
0.22 lot acres
Property size
3,663 SF
Zone code
C1
Property type
Commercial real estate
APN
4310L00440000
APU
4310L00440000

Description

This exceptional commercial property, located at 1029 Lancaster Avenue in Berwyn, Pennsylvania, 19312, offers a prime opportunity for businesses seeking versatile and renovated space. The building boasts a total of 3,700 square feet, with one immediately available unit encompassing 1,200 square feet. This unit is ideal for a variety of uses, thanks to its flexible zoning (C1) and suitability for both traditional office and coworking setups, as well as retail. The space has undergone renovations, resulting in a modern and functional layout ready for immediate occupancy. Its prominent location on Lancaster Avenue provides excellent street visibility and accessibility, ensuring high foot traffic and brand exposure. The property is categorized as retail and office, allowing for diverse business applications. Multiple tenancies are possible within the larger building, offering scalability options for growing businesses. The minimum divisible space is 1,200 square feet, making it perfect for businesses needing a substantial footprint. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a well-located, renovated commercial space in a thriving Pennsylvania community. The property's latitude and longitude coordinates are 40.0449416 and -75.4483673 respectively.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $310,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $294,000
    Market price range: $256k - $428k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Berwyn
County
Chester
State
Pennsylvania
Longitude
-75.4484
Latitude
40.045
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,411
$107,710
$74,310
$182,020
-
$107,710
$76,760
$184,470
More about this property
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