Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    132 E Lancaster Ave Downingtown, PA 19335

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $799,000

    Retail and residential income property in Downingtown, PA.

    Property size:
    4,483 SF
    Lot size:
    0.10 Acres

    Property Features for 132 E Lancaster Ave

    General Information

    Size
    4,483 SF
    Lot size
    0.10 Acres

    Source: Bennett Williams Commercial - New Jersey Agent Tommy Ciccarone Jr.

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

    Overview

    Downingtown Mixed-Use Investment Opportunity

    This 4,483 square foot property features two retail spaces, one approximately 1,918 square feet and the other approximately 557 square feet. The property also includes a large, fully renovated two-bedroom apartment with new appliances, currently leased for $1,950 per month with a lease start date of July 1, 2023. Located in Downingtown Borough, within the Downingtown School District, the property is identified by Tax ID 11-08-9987. The lot measures 25 x 174. Zoned C-2 Central Commercial, the property benefits from onsite parking, street parking, and an adjacent municipal parking lot. Public water, sewer, and natural gas utilities are available. Taxes for 2010 were $5,795.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turkey Hill Gas Station Western Union Money Transfer Service Smoke-Stock & Chimney Cleaning ... Furniture Store Maclanes Automotive - Lancaster ... Oil Change Service PNC ATM Atm

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Downingtown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.701592
    Latitude
    40.006864

    Nearby Similar for Sale

    • $525,000
      Pending

      Historic Chester County Farmhouse Office

      Charming 1800s farmhouse office space in Downingtown, PA.
      525 Hopewell Rd, Downingtown, PA 19335
      View Details
    • $424,900
      3,000 SF

      Downingtown Mixed-Use Investment Opportunity

      Mixed-use property with storefront and apartment near transportation.
      137 W Lancaster Ave, Downingtown, PA 19335
      View Details
    • $50,000

      Turnkey Smoothie Shop Opportunity

      Fully equipped smoothie shop for sale in Thornsdale, Pennsylvania.
      3411 Lincoln Hwy, Thorndale, PA 19372
      View Details
    • Contact for pricing

      Downingtown Office Space Opportunity

      Office and co-working spaces available in Downingtown, PA.
      4333 Lincoln Hwy E, Downingtown, PA 19335
      View Details
    • Contact for pricing

      Downingtown Podcast Studio Opportunity

      Podcast studio space available in Downingtown with utilities included.
      4333 Lincoln Hwy E, Downingtown, PA 19335
      View Details
    • $685,000
      3,560 SF

      Spacious Townhome in Eagleview Community

      Beautifully appointed townhome with finished basement and community amenities.
      547 Gramercy Ln, Downingtown, PA 19335
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail and residential income property in Downingtown, PA.
    Where is this retail space located?
    The property is located at 132 E Lancaster Ave Downingtown, PA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Two retail spaces offer immediate income potential or business opportunities, sized at ±1,918 SF & ±557 SF.; - Large, fully renovated 2-bedroom apartment generates $1,950/month in rental income (lease starting 7/1/23).; - Located in Downingtown Borough with C-2 Central Commercial zoning.
    (856) 422-9022
    Request Owner's contact information
    132 E Lancaster Ave Downingtown, PA 19335
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    132 E Lancaster Ave
    Downingtown, PA 19335
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    132 E Lancaster Ave Downingtown, PA 19335
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.