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Property profile & analytics
OFF-MARKET
Turn key restaurants

500 Lancaster Ave Berwyn, PA 19312-1635

682 SF 0.6 ac lot Built 1940
Individually Owned Absentee Owner Free & Clear
Property ID
US73-1806918
Property summary
AI-generated overview

This exceptional Class A retail property, St. David's Square, located at 500 E Lancaster Ave in Wayne, Pennsylvania (zip code 19087), offers 63,053 square feet of completely vacant, free-standing retail space. The property is ideally suited for multiple tenants, with flexible lease options available. Two spaces are currently available, providing a minimum of 20,000 square feet and a maximum contiguous space of 43,053 square feet. This presents a unique opportunity for businesses seeking significant space in a high-traffic location. The building's Class A designation reflects its superior construction, modern amenities, and prime location within the thriving Wayne, PA market. The address is easily accessible, boasting high visibility and ample parking for customers and employees. This property is perfect for a variety of retail uses, offering a chance to establish a strong presence in a desirable area. The entire 63,053 square feet is currently available, allowing for a single large tenant or multiple smaller tenants to occupy the space. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a significant retail presence in a highly sought-after location in Wayne, Pennsylvania.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Total area 682 SF
Lot 0.6 ac (26,199 SF)
Zoning code B
APN 5502M01410000
UPID US73-1806918
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
  • Berwyn Lawnmower General Contractor Hardware & Home Improvement
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
LEE C REYNOLDS
LEE C REYNOLDS
Zoning & alternative use
B · Berwyn, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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