Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    68 E Lancaster Ave Paoli, PA 19301

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $20 SF/Yr ($2,666 /Mo)

    1,600 SF retail space with high visibility and signage.

    Property size:
    1,600 SF
    Lot size:
    0.31 Acres

    Property Features for 68 E Lancaster Ave

    General Information

    Size
    1,600 SF
    Lot size
    0.31 Acres

    We can help!

    Listing Contact
    Suzanne L. Basile
    Source: Moodyscre

    Listing Agent: Suzanne L. Basile

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

    Learn more

    Property Insight Report

    Overview

    Retail Space on Lancaster Avenue

    This 1,600 square foot retail space is located on the second floor. The property offers high visibility with signage available on East Lancaster Avenue. Exterior pylon sign rights are available. The space features many windows and a useable floor plan. Kitchen and laundry areas are present, and the space is elevator ready if needed. The property provides easy accessibility to major arteries and is within walking distance to stores, shops, and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cryo Sculpt Revive Health Spa Dr. Michele R. ... Ophthalmologist Visionary Eye Care ... Eye Care Center Revive RX Skin ... Health And Beauty Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Paoli
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.478702
    Latitude
    40.041062

    Nearby Similar for Lease

    • $14 SF/Yr
      20,000 SF

      Jeffers Cir Flex Space Available

      2,890 SF Flex/Warehouse in Chester County
      633 Jeffers Cir, Paoli, PA 19301
      View Details
    • $25 SF/Yr
      1,440 SF

      Paoli Retail Space: 1440 SF

      High-traffic retail space, excellent visibility.
      1776 Lancaster Ave, Paoli, PA 19301
      View Details
    • Contact for pricing
      15,500 SF

      Executive Office Space in Paoli, PA

      Prime Paoli location, 4,878 sq ft available.
      1700 Russell Rd, Paoli, PA 19301
      View Details
    • $21 SF/Yr
      1,370 SF

      Paoli Office Space for Rent

      First floor office suite with private offices and conference room.
      41-43 Leopard Rd, Paoli, PA 19301
      View Details
    • $20 SF/Yr
      315 SF

      Paoli Office Space For Rent

      Commercial/Professional/Creative space for rent in Paoli, PA.
      23 Paoli Park, Paoli, PA
      View Details
    • $350 /Mo
      130 SF

      Paoli Office/Creative Space For Rent

      All-inclusive rental with excellent transportation access and off-street parking.
      136 Lancaster Ave, Paoli, PA 19301
      View Details
    • $3,000,000
      6,106 SF

      Prime Retail Space in Paoli

      Located in a busy, mixed-use shopping center on the Main Line.
      14 Paoli Shopping Ctr, Paoli, PA 19301
      View Details
    • $16 SF/Yr
      1,745 SF

      Paoli Corporate Center Office Space

      Office space in Paoli Corporate Center with high-end finishes.
      16 Industrial Blvd, Paoli, PA 19301
      View Details
    • $15 SF/Yr
      1,025 SF

      Office or Retail Space Available

      Multiple spaces for lease suitable for office or retail use.
      21 Plank Ave, Paoli, PA 19301
      View Details
    • $14 SF/Yr
      10,200 SF

      Paoli Office Space For Lease

      Flexible office space in downtown Paoli with parking.
      83 Chestnut Rd, Paoli, PA 19301
      View Details
    • Contact for pricing
      1,200 SF

      Professional Office Suites For Rent

      Office suites with private offices, conference rooms, and parking.
      171 W Lancaster Ave, Paoli, PA 19301
      View Details
    • $15 SF/Yr
      1,500 SF

      Paoli Office Space For Rent

      Office space with private offices, kitchenette, and ample parking.
      147 W Lancaster Ave, Paoli, PA 19301
      View Details

    FAQs

    What type of property is this?
    Retail space - 1,600 SF retail space with high visibility and signage.
    Where is this retail space located?
    The property is located at 68 E Lancaster Ave Paoli, PA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High Visibility with Signage Available on East Lancaster Avenue; - Exterior Pylon Sign Rights Available; - Easy Accessibility to Major Arteries - Walk to Stores, Shops and Restaurants
    (610) 768-4000
    Request Owner's contact information
    68 E Lancaster Ave Paoli, PA 19301
    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.
    68 E Lancaster Ave
    Paoli, PA 19301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    68 E Lancaster Ave Paoli, PA 19301
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Suzanne L. Basile
    (610) 768-4000
    Learn more
    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.