121 Lancaster Ave Paoli, PA 19301-1421
This exceptional mixed-use property, located at 121 E Lancaster Avenue in Paoli, Pennsylvania (zip code 19301), presents a unique investment opportunity. The building, constructed in 1900, boasts a total of 2,200 square feet of net rentable space spread across two stories. The property is zoned Town Center District (TCD) and sits on a 0.19-acre lot, offering ample space and potential for various uses. Currently configured as a storefront with a two-bedroom apartment, this versatile building benefits from its high-traffic location on Lancaster Avenue (US Route 30), enjoying visibility to an estimated 40,000 vehicles per day. The property includes on-site parking and convenient street parking options. Its prime location places it in close proximity to a variety of established businesses, including ACME, Walgreens, Chase Bank, Dunkin', and 7-Eleven, ensuring high foot traffic and strong potential for tenant occupancy. The asking price for this attractive mixed-use building is $629,000. This presents a rare chance to acquire a well-situated property with significant upside potential in a thriving Pennsylvania community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SPDD · Paoli, PAPaoli. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.