Retail Space with Loading
New
For Sale
$850,000
Pending
45 W Lancaster Avenue, Downingtown, PA 19335
An open-plan interior includes a private office, an additional private room, and loading access.
Property Size4,950 SF
Days on Market3
Property Features for 45 W Lancaster Avenue
General Information
Standard status
Pending
Size
4,950 SF
Total Parking Spaces
29
Zoning
C1
Warehouse & Industrial
Clear Height
14 ft
Dock-High Doors
2
Three-Phase Power
Yes
Taxes and HOA fees
Annual Taxes
$2,616
Amenities
expansive open floor plan
14-foot ceilings
bathrooms
private office
private room
two loading docks
3-phase electric
HVAC
Tile/Brick
Natural Gas
Yes
Public
C60
0.48
No
Estimated
Concrete Perimeter
4950.00
19190.00
2
Building Details
Building Size
4,950 SF
Year Built
1962
Buildings
1
Listing Agency:
Springer Realty Group
(484) 498-4000
Listed By:
Jeejesh Mannambeth · License #RS347317
(484) 631-6685
Source:
Chennaultrealestate
Added: Oct 30
Changed: Nov 1
Last Checked: Oct 31 at 3:18AM
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 Springer Realty Group
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Investment Insights
Based on property information with market context.
This 4,950-square-foot retail property at 45 W Lancaster Avenue has an open floor plan, 14-foot ceilings, bathrooms, a private office, and a separate private room. Building features include HVAC, 3-phase electric, two loading docks, and approximately 29 parking spaces. The property was built in 1962 and is zoned C1.
The site is in Downingtown, near Exton, Chester Springs, West Chester, and Malvern.
The site is in Downingtown, near Exton, Chester Springs, West Chester, and Malvern.
Key Highlights
- 4,950 square feet with an open floor plan and 14‑foot ceilings
- Two loading docks and approximately 29 parking spaces
- 3‑phase electric and HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,946
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,118,920
$1.1M
Cap Rate 7%
$799,229
$799.2K
Cap Rate 9%
$621,622
$621.6K
Market Conditions
NOI Build-Up for 4,950 SF
Gross rent
$89.1K $18.00/SF
− Vacancy
−$9.2K −$1.85/SF
EGI
$79.9K $16.15/SF
− OpEx
−$24.0K −$4.84/SF
NOI
$55.9K $11.30/SF
Area
Chester County, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,118,920
Cap Rate 7%
$799,229
Cap Rate 9%
$621,622
Alternative Uses
Best Use
Retail
$799.2K
$699.3K – $932.4K
NOI $55,946 @ 7.0% cap · market cap 6.58%
Second Best
Warehouse
$723.3K
$632.9K – $843.9K
NOI $50,631 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,055 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
14 ft
Clear height
2
Dock-high doors
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
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Business Placement
Demographics for 19335, PA
52,406
Population
20,276
Households
2.6
Avg Household Size
40
Median Age
62%
College-Educated
98%
High-School Grad
43.3 sq mi
ZIP Area
1,210
Density / Sq Mi
$136,839
Median Household Income
$69,850
Median Earnings
$1,647
Median Rent
$464,400
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - An open-plan interior includes a private office, an additional private room, and loading access.
Where is this retail space located?
The property is located at 45 W Lancaster Avenue Downingtown, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,950 square feet with an open floor plan and 14‑foot ceilings; Two loading docks and approximately 29 parking spaces; 3‑phase electric and HVAC
