123 East Lancaster Avenue Paoli, PA 19301
Six-unit mixed-use building near SEPTA/Amtrak station.
Property Features for 123 East Lancaster Avenue
General Information
- Standard status
- Active
- Size
- 6,048 SF
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 1900
Listing office McCann Commercial Real Estate
Listing date May 26, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of McCann Commercial Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the heart of Paoli's Lancaster Avenue corridor, near SEPTA/Amtrak station.
- Long‑term income certainty with anchor tenant (iBeach Club) lease through July 2031.
- Mixed‑use building with two commercial spaces and four residential apartments.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.9k | $18.00 |
| − Vacancy | −$11.2k | −$1.85 |
| EGI | $97.7k | $16.15 |
| − OpEx | −$29.3k | −$4.84 |
| NOI | $68.4k | $11.30 |
