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    Corner Storefront Retail Space Title is generated by Realmo AI

    27 S LANSDOWNE Avenue, Lansdowne, PA 19050

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    For Lease
    $2,000/Mo $24 SF/Yr (calc)

    CommercialLease - LANSDOWNE, PA

    Type:Retail
    Property size:
    1,000 SF
    Added:
    Nov 9, 2025
    Days on Market:
    207
    Last Refresh:
    Jun 4 at 4:06 pm

    Property Features for 27 S LANSDOWNE Avenue

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking features
    Parking Lot, On Street
    Standard status
    Active

    Utilities

    Heating system
    Hot Water(Heating), Baseboard
    Cooling system
    Central Air

    Building Details

    Year built
    1895
    Building materials
    Stone

    We can help!

    Listing Contact
    John M Carpenter Jr.

    Listing agent John M Carpenter Jr. License #RS226501L

    Listing office Keller Williams Main Line 6 Coulter Avenue unit: 2, Ardmore, PA

    Listing date Nov 9, 2025

    MLS# PADE2103590

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1,000 SF first‑floor commercial space in Lansdowne’s Central Business District
    • Corner location with large windows facing Lansdowne Avenue and Highland Avenue
    • Located next to the Lansdowne Train Station
    • Just one block from the Historic Lansdowne Theater
    • Most recently used as an accounting office; flexible layout that could be reconfigured as open retail space
    • Central air, gas heat, and parking on Highland Avenue plus a nearby municipal lot

    Overview

    Available for lease is approximately 1,000 square feet of first-floor commercial space in Lansdowne’s Central Business District. The unit is positioned as a highly visible corner storefront with large windows facing Lansdowne Avenue and Highland Avenue. Central air and gas heat are in place, supporting year-round comfort for customers or staff. The space was most recently used as an accounting office and is described as flexible, with the ability to be reconfigured toward open retail use.

    The location offers convenient access to transit and nearby activity. The property is next to the Lansdowne Train Station and within a short block of the Historic Lansdowne Theater. Parking is available on-street along Highland Avenue and in a municipal parking lot around the corner, helping support customer visits.

    This space is a strong fit for a tenant seeking a storefront presence with natural light from prominent corner glass. The existing buildout can serve professional uses, while the reported flexibility to shift toward open space makes it workable for retail concepts that benefit from a clean, customer-facing layout. Central HVAC and gas heat provide practical, day-to-day operating infrastructure for most neighborhood-serving businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • PAPERTINI Production Studio — 114 E Baltimore Ave, Lansdowne, PA 19050
    • Simply Flora's Florist — 14 N Lansdowne Ave, Lansdowne, PA 19050
    • Hana Willow Design - Bouquet Preservation — 114 E Baltimore Ave, Lansdowne, PA 19050
    • Bonnie's Wonder Gardens — 233 Scottdale Rd, Lansdowne, PA 19050

    Location Insight

    • Map
    • Local Demand
    City
    Lansdowne
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.27203133
    Latitude
    39.93758702

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    FAQs

    What type of property is this?
    Storefront property - First-floor storefront with large corner windows, central air, and gas heat in Lansdowne’s Central Business District.
    Where is this storefront property located?
    The property is located at 27 S LANSDOWNE Avenue Lansdowne, PA.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: 1,000 SF first‑floor commercial space in Lansdowne’s Central Business District; Corner location with large windows facing Lansdowne Avenue and Highland Avenue; Located next to the Lansdowne Train Station
    (610) 405-7568
    We can help!
    Listing Contact
    John M Carpenter Jr.
    Real Estate License ID: RS226501L
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    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.

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