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    500 Lancaster Ave Berwyn, PA 19087

    Sponsored
    For Lease
    Contact for pricing

    Prime Wayne, PA Retail Space Available

    Lot size:
    63,053 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A retail property, St. David's Square, located at 500 E Lancaster Ave in Wayne, Pennsylvania (zip code 19087), offers 63,053 square feet of completely vacant, free-standing retail space. The property is ideally suited for multiple tenants, with flexible lease options available. Two spaces are currently available, providing a minimum of 20,000 square feet and a maximum contiguous space of 43,053 square feet. This presents a unique opportunity for businesses seeking significant space in a high-traffic location. The building's Class A designation reflects its superior construction, modern amenities, and prime location within the thriving Wayne, PA market. The address is easily accessible, boasting high visibility and ample parking for customers and employees. This property is perfect for a variety of retail uses, offering a chance to establish a strong presence in a desirable area. The entire 63,053 square feet is currently available, allowing for a single large tenant or multiple smaller tenants to occupy the space. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a significant retail presence in a highly sought-after location in Wayne, Pennsylvania.

    Property Features for 500 Lancaster Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    63,053 SF
    Class
    A

    Unit(s) available at that property

    Space
    Micro Center Building
    Size
    20,000 SF
    Space
    TJ Maxx Building
    Size
    43,053 SF

    HighLights

    • Join Giant, TJ Maxx, and HomeGoods.
    • 63,053 SF free‑standing building available, divisible to a minimum of 20,000 SF.
    • 43,053 SF former Bed Bath & Beyond space with 234' of frontage.
    • Over 1,500,000 SF of Class A office space nearby.
    • High‑traffic location in the heart of the Main Line.
    • Close proximity to Villanova University (10,042 students).
    Property Profile Location Intelligence

    Current Use by Public Records

    Berwyn Lawnmower Lawn Mower Repair Service

    Suggested Use

    Law Firm Realty agency 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
    Berwyn
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.3995089
    Latitude
    40.0600713

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    FAQs

    What type of property is this?
    Individual retail property - Prime Wayne, PA Retail Space Available
    Where is this individual retail property located?
    The property is located at 500 Lancaster Ave Berwyn, PA.
    What are key features of this property?
    This property features: Join Giant, TJ Maxx, and HomeGoods.; 63,053 SF free-standing building available, divisible to a minimum of 20,000 SF.; 43,053 SF former Bed Bath & Beyond space with 234' of frontage.
    Request Owner's contact information
    500 Lancaster Ave Berwyn, PA 19087
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    Berwyn, PA 19087
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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
    500 Lancaster Ave Berwyn, PA 19087
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