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    520 E Lancaster Ave Downingtown, PA 19335

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    520 E Lancaster Ave Downingtown, PA 19335


    • Office buildings
    • 25,576 SF
    • 0.80 lot acres
    Mixed-Use Complex on Lancaster Avenue For Lease
    $785,000

    Mixed-Use Complex on Lancaster Avenue

    Mixed-use property featuring retail, office, and distribution spaces.

    520 E Lancaster Ave, Downingtown, PA 19335
    View Listing
    Property ID
    US73-3504235
    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.

    Value Estimations
    $785,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mental Health Crisis Intrvntn / Physician / Medical Clinic
    • Cowell Joseph R / Physician / Medical Clinic
    • Pizza Hut / Take-out & Catering
    • Handel’s Homemade Ice Cream / Grocery & Convenience Store / Specialty Food Shop
    • Strategic Sports Marketing / Advertising Agency / Marketing & Advertising

    Property Details for 520 E Lancaster Ave

    Year built
    1926
    Lot size
    0.80 lot acres
    Property size
    25,576 SF
    Zone code
    R4
    Property type
    Office buildings
    APN
    1105 00460000
    APU
    110500460000

    Description

    520 East Lancaster Avenue presents a unique investment opportunity in a thriving Chester County location. This single-story, 35,440 square foot mixed-use complex boasts four retail storefront spaces on the ground floor, ideal for a variety of businesses. Two spaces are currently available, ranging from 1,200 to 1,242 square feet. Beyond the retail spaces, the property includes a modern distribution center, adding significant logistical advantages for tenants. The building's strategic location on heavily trafficked Route 30 (Lancaster Avenue) ensures high visibility and accessibility. Adding to its appeal, the property offers shared amenities for tenants, including a second-floor executive office space complete with individual offices, conference rooms, a kitchenette, a lounge area, and a fully functional podcast studio. Outdoor courtyard seating provides an additional amenity for tenants and their customers. This property offers a blend of retail space, modern distribution capabilities, and attractive shared office amenities, making it an exceptional opportunity for businesses seeking a prime location and comprehensive facilities in a bustling commercial area. The property's single-building design simplifies management and operation. The combination of retail and distribution capabilities makes this a versatile and attractive investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $690,000
      ML approach
      $840,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,044,000
      Market price range: $1.04M - $2.82M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Downingtown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.6939
    Latitude
    40.012
    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
    $13,145
    $99,100
    $215,680
    $314,780
    -
    $99,100
    $221,980
    $321,080
    View Listing
    More about this property
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