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234 Conestoga Rd Wayne, PA 19087-4748

OFF-MARKET Investment properties Google Maps
2,097 SF 0.22 ac lot Built 1936
Entity Owned
Estimated value (blended)
$280k
Range $252k – $308k (±10%)
Property ID US73-2697590

Property summary

AI-generated overview

This unique 2,000 square foot mixed-use property at 234 Conestoga Road, Wayne, PA presents a rare opportunity to combine residential and commercial space. Situated on a 0.57-acre lot, the property is ideally located within walking distance of Lancaster Avenue, offering excellent visibility and accessibility. Currently configured as a salon with a spacious second-floor apartment, the property boasts significant versatility. The apartment, featuring one bedroom, a full bathroom, a kitchen, living room, dining room, and a sizable attic (convertible to a second bedroom), provides comfortable living quarters. Alternatively, the apartment space could be seamlessly integrated into the commercial area, expanding the business footprint. The existing salon layout offers a ready-to-use space for a variety of retail or professional office uses, making this an attractive option for entrepreneurs seeking a convenient and efficient work-life balance. The property's prime location in Wayne, PA, combined with its adaptable floor plan and ample space, makes it an exceptional investment opportunity. The asking price is $700,000. Interested parties should inquire for further details.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1936
Construction FRAME
Total area 2,097 SF
Lot 0.22 ac (9,592 SF)
APN 36-06-03363-00
UPID US73-2697590

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2026
Last sale
$540,000
3 recorded transactions
2026
$540,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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