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    OFF-MARKET
    Retail properties & Spaces

    3 Park Ln, Downingtown, PA 19335

    0.17 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail space, located at 3 Park Lane in the vibrant Centre Square of Downingtown, Pennsylvania, presents a unique opportunity for businesses seeking high visibility and foot traffic. Boasting a 0.17-acre lot, this renovated property is ready for a tenant's finishing touches. The space features all-new mechanical systems, including radiant floor heating and central air conditioning, a brand-new ADA-compliant restroom, recessed lighting, and abundant natural light. Its central location within Centre Square ensures maximum exposure to the over 17,000 vehicles that pass daily. The property's walkability is a key advantage, with close proximity to Kerr Park, the Struble Trail, numerous restaurants, shopping options, and just three blocks from the Downingtown train station. All utilities, plumbing, and wiring are completely new. While ideally suited for general retail use, the space is also adaptable for professional office purposes

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1950
    Lot 0.17 ac (7,405 SF)
    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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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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