45 W Lancaster Ave Downingtown, PA 19335
Property profile & analytics
45 W Lancaster Ave, Downingtown, PA 19335
- Office buildings
- 5,015 SF
- 0.48 lot acres
Property ID
US73-0024017
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Priori Mattress / Furniture & Home Goods
Property Details for 45 W Lancaster Ave
- Year built
- 1962
- Lot size
- 0.48 lot acres
- Zone code
- C1
- Property type
- Office buildings
- APN
- 1107 03370000
- APU
- 110703370000
Description
This exceptional commercial property, located at 45 W Lancaster Ave in Downingtown, Pennsylvania (zip code 19335), presents a unique investment opportunity. The 4,950 square foot building sits on a 0.48-acre lot and is zoned C-1, offering versatile usage potential. Currently configured as a retail space and warehouse, it features a clear floor plan ideal for various businesses. The property boasts 29 parking spaces, ensuring ample convenience for customers and employees. Inside, you'll find 14-foot ceilings, providing generous vertical space, along with two loading docks for efficient freight handling. Three bathrooms are conveniently located throughout the building. The property includes a functional HVAC system and three-phase electric service, catering to diverse operational needs. The occupancy date is October 30, 2024. This property is classified as Class B and is situated in Chester County. Its prime location and versatile design make it an attractive option for a wide range of commercial enterprises. The combination of retail and warehouse space, coupled with ample parking and convenient access, makes this a truly compelling investment prospect. Don't miss this chance to acquire a well-maintained and strategically located commercial property in a thriving Pennsylvania market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,000,000
- ML approach
- $960,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $634,000
Market price range: $635k - $1.36M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $930,000 Current use
- AUTO REPAIR, GARAGE
- $1,070,000 Change: +15% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $950,000 Change: +2% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Downingtown
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.7073
- Latitude
- 40.0048
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,546
$19,190
$41,780
$60,970
-
$19,190
$41,780
$60,970
