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

    218 E Lancaster Ave Wayne, PA 19087

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail building with redevelopment potential in a prime location.

    Property size:
    4,084 SF
    Lot size:
    0.64 Acres

    Property Features for 218 E Lancaster Ave

    General Information

    Size
    4,084 SF
    Lot size
    0.64 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 in Downtown Wayne

    This is a retail building offering approximately 4,084 square feet of space. The site measures 100 feet by 300 feet, totaling approximately 0.69 acres. It is located in downtown Wayne on Route 30 (Lancaster Ave), a prime location with strong traffic counts of approximately 26,000 vehicles per day. The property offers redevelopment potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Beer Yard Beer Store Discount Tire Repair ... Contractor

    Suggested Use

    Realty agency Law Firm Restaurant 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.

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.382822
    Latitude
    40.04343

    Nearby Similar for Lease

    • New
      $5,279 /Mo

      Main Line Office Opportunity

      Freestanding office building with frontage on Lancaster Avenue.
      528 E Lancaster Ave, Wayne, PA 19087
      View Details
    • $2,595 /Mo
      1,056 SF

      Chesterbrook Townhome with Loft

      Updated 2-bedroom townhome with loft in desirable Chesterbrook community.
      107 Cavalry Ct, Chesterbrook, PA 19087
      View Details
    • Contact for pricing
      3,936 SF

      Radnor Office Space Available

      Strategically located office space with amenities and transit access.
      555 E Lancaster Ave, Radnor, PA 19087
      View Details
    • Contact for pricing
      41,409 SF

      Suburban Office Space with Fitness Center

      Office space in a tranquil suburban campus setting with amenities.
      1400 Liberty Ridge Dr, Wayne, PA 19087
      View Details
    • Contact for pricing
      4,398 SF

      Wayne Office Space Available

      Strategically located office space with amenities and convenient access.
      170 Radnor Chester Rd, Wayne, PA 19087
      View Details
    • Contact for pricing
      2,602 SF

      Office Space with Mountain Views

      Office space in a tranquil suburban campus setting.
      1200 Liberty Ridge Dr, Chesterbrook, PA 19087
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail building with redevelopment potential in a prime location.
    Where is this retail space located?
    The property is located at 218 E Lancaster Ave Wayne, PA.
    What are key features of this property?
    This property features: - Prime location on Route 30 in Downtown Wayne; - Strong Traffic Counts: **± 26,000 VPD on Lancaster Ave**; - Redevelopment Potential
    (610) 299-5144
    Request Owner's contact information
    218 E Lancaster Ave Wayne, PA 19087
    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.
    218 E Lancaster Ave
    Wayne, PA 19087
    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
    218 E Lancaster Ave Wayne, PA 19087
    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.