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    OFF-MARKET
    Investment properties

    234 Conestoga Rd, Wayne, PA 19087-4748

    2,097 SF 0.22 ac lot Built 1936
    Entity Owned
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Salon Enrico Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    234 Conestoga LLC
    234 Conestoga LLC
    since 2026
    Last sale
    $540,000
    3 recorded transactions
    2026
    $540,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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