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    618 Lancaster Ave Berwyn, PA 19312-1663
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    Property profile & analytics

    618 Lancaster Ave, Berwyn, PA 19312-1663

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    • Turn key restaurants
    • 9,090 SF
    • 0.37 lot acres
    Off-Market
    Property ID
    US73-1922363
    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
    $535,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • FXNL Fitness @ Creative Health & Spine / Gym & Fitness Center
    • Luke Connell Fitness / Gym & Fitness Center

    Property Details for 618 Lancaster Ave

    Year built
    1959
    Lot size
    0.37 lot acres
    Zone code
    B
    Property type
    Turn key restaurants
    APN
    5502G00250000
    APU
    5502G00250000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 2, 2017 — Eadeh Family Limited Partnership — Deed · related $7.5M · Beneficial Bank
    Dec 11, 2009 $2,100,000 Eadeh Family LP Eadeh Family Ltd Ptshp Grant Deed · related —
    Mar 25, 2009 $2,100,000 Eadeh Family Dalton Suzanne P Grant Deed $5.5M · Susquehanna Bank
    Nov 9, 2006 — Suzanne P Dalton Dalton,suzanne P Quit Claim Deed · related —

    Description

    This exceptional 6,000 square foot retail space, located at 618 Lancaster Avenue in Berwyn, Pennsylvania (zip code 19312), presents a fantastic opportunity for a single-tenant business. Currently, 3,000 square feet are immediately available for lease. The property boasts excellent visibility and signage directly on Lancaster Avenue, complemented by ample parking. Five parking spaces are conveniently located directly in front of the building, in addition to 35+ spaces in the rear. A significant advantage is the inclusion of a 1,500 square foot basement, accessible both internally and externally from the main retail space, all included in the rental price. The high ceilings, numerous windows, and high traffic flow on Lancaster Avenue create an ideal environment for a thriving retail or office operation. This property offers a unique blend of prime location, convenient parking, and versatile space, making it an exceptional opportunity for business growth in the bustling town of Berwyn. The property is classified as both storefront and office space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $415,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $658,000
      Market price range: $493k - $1.12M

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


    Location Insight

    • Map
    • Local Demand
    City
    Berwyn
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.4406
    Latitude
    40.0477
    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
    $17,997
    $143,060
    $339,430
    $482,490
    -
    $143,060
    $347,480
    $490,540
    More about this property
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