Mixed-Use Retail and
145 W Lancaster Ave Downingtown, PA 19335
For Sale
$1,420,000
Eight one-bedroom apartments sit above two street-level retail storefronts on a major commercial corridor.
Days on Market33
Property Features for 145 W Lancaster Ave
General Information
- Standard status
- Active
Listing Agency:
Real of Pennsylvania
(215) 360-3540
Listed By:
Beau McGettigan · License #RS329721
(215) 360-3540
Source:
Exprealty
Added: Jun 22
Changed: Jul 23
Last Checked: Jul 23 at 9:13AM
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 Real of Pennsylvania
Investment Insights
Based on property information with market context.
This mixed-use property includes eight one-bedroom residential apartments positioned above two street-level retail storefronts, creating combined income from both uses. The asset is designed with vertical stacking of residential and retail space, supporting a diversified rental structure within a single building.
The property is located along Lancaster Avenue, described as one of Downingtown’s primary commercial corridors, and is positioned to capture visibility for the retail storefronts. The public remarks also note convenient access to Downingtown Borough center, SEPTA Regional Rail, and Amtrak service.
The offering is for sale and is described as generating approximately $138,528 in annual gross rental income. Tenancy includes a mix of market-rate and Housing Authority of Chester County (HACC) supported tenants, and the property may be acquired individually or as part of a larger 75-unit portfolio of 11 multifamily and mixed-use properties in close proximity. Full offering materials and financials are available upon request.
The property is located along Lancaster Avenue, described as one of Downingtown’s primary commercial corridors, and is positioned to capture visibility for the retail storefronts. The public remarks also note convenient access to Downingtown Borough center, SEPTA Regional Rail, and Amtrak service.
The offering is for sale and is described as generating approximately $138,528 in annual gross rental income. Tenancy includes a mix of market-rate and Housing Authority of Chester County (HACC) supported tenants, and the property may be acquired individually or as part of a larger 75-unit portfolio of 11 multifamily and mixed-use properties in close proximity. Full offering materials and financials are available upon request.
Key Highlights
- Mixed‑use property with 8 one‑bedroom apartments above 2 street‑level retail storefronts
- Located along Lancaster Avenue, Downingtown’s primary commercial corridor
- Generates approximately $138,528 in annual gross rental income
Property Analytics
Location Intelligence
Current Use by Public Records
D town Market ...
(Bike/Boat/Book/etc) Store
D Town Shop
Grocery & Convenience Store
Carroll Barbara
Employment Agency
FAQs
What type of property is this?
Mixed-use property - Eight one-bedroom apartments sit above two street-level retail storefronts on a major commercial corridor.
Where is this mixed-use property located?
The property is located at 145 W Lancaster Ave Downingtown, PA.
What is the asking price?
The asking price for this property is $1,420,000.
What are key features of this property?
This property features: Mixed‑use property with 8 one‑bedroom apartments above 2 street‑level retail storefronts; Located along Lancaster Avenue, Downingtown’s primary commercial corridor; Generates approximately $138,528 in annual gross rental income
