234 Conestoga Rd, Wayne, PA 19087-4748
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.
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Salon Enrico Hair Salon Nail Salon
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
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Property description
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Risks
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