Renovated Two-Story Office
1273 Lancaster Ave Berwyn, PA 19312
New
1273 Lancaster Ave, Berwyn, PA, 19312
$1,300,000
For Sale
$1,300,000
Two-story office building renovated in 1998, located at 1273 Lancaster Ave in a C-1 commercial zoning district.
Property Size5,244 SF
Price / SF$247.90
Days on Market2
Property Features for 1273 Lancaster Ave
General Information
- Standard status
- Active
- Size
- 5,244 SF
Building Details
- Year Built
- 1978
Listing agency
First Liberty Partners
(610) 594-3900
Listed by
Frank Englund III · License ##RS196641L
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 6:20AM Checked: Jul 22 at 6:20AM
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 First Liberty Partners
Investment Insights
Based on property information with market context.
This well-appointed two-story office building was extensively renovated in 1998. The property is configured to accommodate professional office use and is presented as an adaptable workplace for a range of business operations.
The building is located at 1273 Lancaster Ave in Berwyn, Pennsylvania, within Tredyffrin Township’s C-1 commercial zoning district, supporting commercial office activity.
Available for sale, the offering includes a purpose-built office structure designed to maximize day-to-day functionality for tenant use.
The building is located at 1273 Lancaster Ave in Berwyn, Pennsylvania, within Tredyffrin Township’s C-1 commercial zoning district, supporting commercial office activity.
Available for sale, the offering includes a purpose-built office structure designed to maximize day-to-day functionality for tenant use.
Key Highlights
- Two‑story office building at 1273 Lancaster Ave
- Renovated in 1998
- Year built: 1978
Local Financial Insights For Office B
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 | $136.6k | $26.04 |
| − Vacancy | −$26.6k | −$5.08 |
| EGI | $109.9k | $20.96 |
| − OpEx | −$27.5k | −$5.24 |
| NOI | $82.4k | $15.72 |
5,244 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.18M
$1.03M – $1.37M
NOI $82,444 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,295 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
STEVEN L. SUGARMAN ...
Law Firm
Berton Elliot H
Law Firm
Mulhern Jr Robert ...
Law Firm
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FAQs
What type of property is this?
Office building - Two-story office building renovated in 1998, located at 1273 Lancaster Ave in a C-1 commercial zoning district.
Where is this office building located?
The property is located at 1273 Lancaster Ave Berwyn, PA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two‑story office building at 1273 Lancaster Ave; Renovated in 1998; Year built: 1978
