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Premier Retail Space in Wayne
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517 Lancaster Ave, Wayne, PA

Open-air retail destination on Lancaster Avenue in affluent Main Line.

Space Size1,465 SF
Lot Size8.04 Acres
Days on Market309

Property Features for 517 Lancaster Ave

General Information

Standard status Active
Size 1,465 SF
Lot size 8.04 Acres
Property subtype RETAIL

Spaces For Lease

at 517 Lancaster Ave Contact us

517 Lancaster Ave

Floor
1
Size
1,465 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- A premier open-air lifestyle destination, blending timeless charm with a curated...
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Listing Agency: MSC Retail - Philadelphia
Listed By: Brittany Goldberg · License #RS366926
Source: Moodyscre
Added: Oct 28, 2025 Changed: Aug 8 Last Checked: Aug 31 at 1:45AM

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 MSC Retail - Philadelphia

Investment Insights

Based on property information with market context.

This retail property is located along Lancaster Avenue (Route 30), a highly trafficked retail corridor with a traffic volume of 24,200 vehicles per day. It is situated in the Main Line area, surrounded by residential neighborhoods, corporate offices, and educational institutions. The property features brick-paved walkways, landscaping, and 314 parking spaces. It is positioned in Wayne, offering spacing for brands seeking multiple locations along the Main Line. The property offers 1,465 square feet of retail space and is designed as an open-air lifestyle destination, blending charm with a mix of retail, dining, and services.

Key Highlights

  • Located on highly trafficked Lancaster Avenue (Route 30) with 24,200 vehicles per day.
  • Situated on the affluent Main Line with a strong customer base.
  • Features 314 storefront parking spaces.

Property Analytics

Current Use

Sheldrake Apartments Apartment Building

Suggested Use

Top Pick Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby
48k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Electronics 79% Shops & Services 18% Dining 3%
Micro Center Electronics
37,719 visits/mo 0.2 miles
TD Bank Shops & Services
4,022 visits/mo 0.4 miles
PNC Bank Shops & Services
3,301 visits/mo 0.2 miles
honeygrow Dining
1,530 visits/mo 0.4 miles
Visionworks Shops & Services
1,322 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Coinstar Kiosk giant carlisle, 550 e lancaster ave, st davids, pa 19087
  • Radnor Plaza 320 King of Prussia Rd Suite 120, Radnor, PA 19087

Frequently Asked Questions

What type of property is this?
Shopping center - Open-air retail destination on Lancaster Avenue in affluent Main Line.
Where is this shopping center located?
The property is located at 517 Lancaster Ave Wayne, PA.
What are key features of this property?
This property features: Located on highly trafficked Lancaster Avenue (Route 30) with 24,200 vehicles per day.; Situated on the affluent Main Line with a strong customer base.; Features **314 storefront parking spaces**.
(215) 883-7405 Call to check price and availability
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