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    OFF-MARKET
    Retail properties & Spaces

    3 Park Ln, Downingtown, PA 19335

    Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional 831-square-foot commercial space, located at 3 Park Ln, Downingtown, PA 19335, presents a unique opportunity for retail or professional office use. Situated in the heart of Downingtown's Centre Square, this Class A property boasts a prime location with high visibility and foot traffic. Recently renovated in 2024, the space features all-new mechanical systems, a compliant ADA restroom, recessed lighting, and abundant natural light. The building, constructed in 1950, benefits from brand new plumbing, wiring, radiant floor heating, and central air conditioning. The property's C-2 zoning allows for a variety of uses, and inquiries about alternative uses are welcome. Its central location ensures maximum exposure, with over 17,000 vehicles passing daily. The space is conveniently located near Kerr Park, Struble Trail, numerous restaurants, shopping options, and just three blocks from the train station. The property's APN is 11-08-0007.0200, and the cross street is E Lancaster Ave. This single-tenant space is ready for immediate occupancy and offers an unparalleled opportunity to establish a thriving business in a vibrant and accessible location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1950
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Smoke-Stock Chimney Cleaning_Downingtown DZL Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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