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    231-245 E Lancaster Ave Wayne, PA 19087

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    For Lease
    Contact for pricing

    Retail building with drive-thru available for lease.

    Property size:
    14,673 SF
    Lot size:
    1.12 Acres

    Property Features for 231-245 E Lancaster Ave

    General Information

    Size
    14,673 SF
    Lot size
    1.12 Acres

    Source: Zommick McMahon Commercial Real Estate Agent Ryan Mcmahon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building with Drive Thru

    A ±14,673 square foot retail building with a drive-thru is available for lease. The property is located at the signalized intersection of Lancaster Avenue (Route 30) and North Aberdeen Avenue. It benefits from strong traffic counts of approximately 25,600 vehicles per day on Lancaster Avenue. Formerly a Rite Aid, the property includes 42 parking spaces. It is zoned WBOD (Wayne Business Overlay District).
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Rite Aid Pharmacy, CVS, CVS Pharmacy, Jeffrey Fusco, MOMED Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.38267
    Latitude
    40.044052

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    FAQs

    What type of property is this?
    Drug store - Retail building with drive-thru available for lease.
    Where is this drug store located?
    The property is located at 231-245 E Lancaster Ave Wayne, PA.
    What are key features of this property?
    This property features: - High traffic location with approximately 25,600 vehicles per day on Lancaster Ave.; - Benefit from drive-thru availability.; - Large retail space offering approximately 14,673 square feet.
    (610) 299-5144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231-245 E Lancaster Ave Wayne, PA 19087
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