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    137 W Lancaster Ave Downingtown, PA 19335

    Sponsored
    For Sale
    $424,900

    MULTI_FAMILY - Other - DOWNINGTOWN, PA

    Property size:
    3,000 SF
    Lot size:
    0.13 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 5 at 8:06 am

    Property Features for 137 W Lancaster Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking
    8
    Parking features
    Driveway
    Size
    3,000 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1950
    Number of units
    2
    Building materials
    Frame, Stucco
    Architectural style
    Other

    Springer Realty Group (484) 498-4000 [email protected]

    Listing agent Peter B Gustis (570) 640-3535 License #RS295392

    Listing date Jan 1, 2026

    MLS# PACT2028520 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downingtown Mixed-Use Investment Opportunity

    Located on West Lancaster Avenue in Downingtown, Pennsylvania, this mixed-use property features a storefront and a one-bedroom apartment with two bathrooms. The third floor, previously finished, offers the potential for an additional bedroom. The property includes eight parking spots. The location is one block from the Downingtown Train Station and half a block from the Septa Bus Stop, situated on Downingtown's Main Street. The first floor was converted into a larger storefront. The property presents an investment opportunity or a location for a business. The owner is relocating, and the business is not included in the sale. The lot size is 0.13 acres, and the property size is 3000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conley Kitchens & Baths Bathroom Supply Store Smoker’s Emporium Smoke ... Tobacco Shop Salon DeSante Hair Salon

    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
    -75.70992934
    Latitude
    40.00289086

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with storefront and apartment near transportation.
    Where is this mixed-use property located?
    The property is located at 137 W Lancaster Ave Downingtown, PA.
    What is the asking price?
    The asking price for this property is $424,900.
    What are key features of this property?
    This property features: - High potential cap rate of 6.8% for investors.; - Prime location: Just 1 block from Downingtown Train Station and half a block from Septa Bus Stop, right on Main Street.; - Mixed-use property featuring a storefront and a 1-bedroom apartment with 2 bathrooms.
    (610) 209-9219
    Request Owner's contact information
    137 W 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
    137 W Lancaster Ave Downingtown, PA 19335
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