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    520 Lancaster Ave Downingtown, PA 19335

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space Available in Chester County

    Lot size:
    35,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    520 East Lancaster Avenue presents a unique investment opportunity in a thriving Chester County location. This single-story, 35,440 square foot mixed-use complex boasts four retail storefront spaces on the ground floor, ideal for a variety of businesses. Two spaces are currently available, ranging from 1,200 to 1,242 square feet. Beyond the retail spaces, the property includes a modern distribution center, adding significant logistical advantages for tenants. The building's strategic location on heavily trafficked Route 30 (Lancaster Avenue) ensures high visibility and accessibility. Adding to its appeal, the property offers shared amenities for tenants, including a second-floor executive office space complete with individual offices, conference rooms, a kitchenette, a lounge area, and a fully functional podcast studio. Outdoor courtyard seating provides an additional amenity for tenants and their customers. This property offers a blend of retail space, modern distribution capabilities, and attractive shared office amenities, making it an exceptional opportunity for businesses seeking a prime location and comprehensive facilities in a bustling commercial area. The property's single-building design simplifies management and operation. The combination of retail and distribution capabilities makes this a versatile and attractive investment.

    Property Features for 520 Lancaster Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,440 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    C
    Size
    1,242 SF
    Space
    E
    Size
    1,200 SF

    HighLights

    • Retail strip center totaling 35,440 square feet.
    • One‑story building with four suites.
    • Located in Chester County.
    • Two retail spaces available, ranging from 1,200 to 1,242 square feet.
    • Situated on heavily trafficked Lancaster Avenue (Route 30).
    Property Profile Location Intelligence

    Current Use by Public Records

    Mental Health Crisis ... Psychologist Cowell Joseph R Psychologist Pizza Hut Pizza Delivery Handel’s Homemade Ice ... Ice Cream Shop Strategic Sports Marketing Marketing Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Downingtown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.6939867
    Latitude
    40.0119672

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available in Chester County
    Where is this neighborhood center located?
    The property is located at 520 Lancaster Ave Downingtown, PA.
    What are key features of this property?
    This property features: Retail strip center totaling 35,440 square feet.; One-story building with four suites.; Located in Chester County.
    Request Owner's contact information
    520 Lancaster Ave Downingtown, PA 19335
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    Downingtown, PA 19335
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    520 Lancaster Ave Downingtown, PA 19335
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