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    511 Old Lancaster Rd Berwyn, PA 19312

    Sponsored
    For Lease
    $20 SF/Yr ($9,675 /Mo)

    Prime Lancaster Ave Retail Space, 2,000-3,750 SF

    Lot size:
    5,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Bronze Building, a Class B retail property located on Lancaster Avenue, offers an exceptional opportunity for businesses seeking high-visibility space. This 5,650 square foot strip center currently has 5,650 square feet available, divisible into units ranging from 2,000 to 3,750 square feet. The property features eight total suites, providing flexibility for various business needs. Ample parking is available with 60+ spaces. The building boasts updated, ADA-compliant restrooms, enhancing accessibility and convenience for both tenants and customers. Benefit from excellent signage opportunities directly on Lancaster Avenue, capitalizing on high foot traffic generated by neighboring businesses such as Handles Ice Cream and the Berwyn Farmers Market. This prime location ensures strong visibility and potential for increased customer engagement. The property is ideal for a variety of retail and office uses, making it a versatile option for prospective tenants. The entire building is currently vacant, presenting a unique chance to establish a presence in a thriving commercial area. Don't miss this chance to secure a prominent location in a bustling commercial center.

    Property Features for 511 Old Lancaster Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,650 SF
    Class
    B
    Total Rate
    9675.63

    Unit(s) available at that property

    Space
    #13
    Size
    3,750 SF
    Rate per SF
    $20

    HighLights

    • 5,650 square foot retail building with multiple suites available for lease.
    • Building is Class B and offers 60+ parking spaces.
    • Available space ranges from 2,000 to 3,750 square feet.
    • The property features eight total suites, currently all vacant.
    • No elevators are present.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rolled Steel Products ... Steel Fabricator Keith Cassidy: Allstate ... Insurance Agency Eadeh Enterprises Property Management Company Kramer Drive Paper Stationery Store Berwyn Carpet Company Carpet Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Berwyn
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.43906326916
    Latitude
    40.048212182108

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Lancaster Ave Retail Space, 2,000-3,750 SF
    Where is this neighborhood center located?
    The property is located at 511 Old Lancaster Rd Berwyn, PA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 5,650 square foot retail building with multiple suites available for lease.; Building is Class B and offers 60+ parking spaces.; Available space ranges from 2,000 to 3,750 square feet.
    Request Owner's contact information
    511 Old Lancaster Rd Berwyn, PA 19312
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    Berwyn, PA 19312
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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
    511 Old Lancaster Rd Berwyn, PA 19312
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