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801 Lancaster Ave Downingtown, PA 19335

OFF-MARKET Office Spaces Google Maps
0.56 ac lot Built 1971
Individually Owned 5-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US73-0048465

Property summary

AI-generated overview

This exceptional 1,200 square foot office space is ideally situated on Business Route 30 in Downingtown Borough, Pennsylvania. Boasting a high-visibility location within a thriving small shopping center, this property offers excellent signage opportunities and ample on-site parking. The interior layout includes a welcoming reception area, six individual offices providing ample space for staff or clients, a convenient powder room, a dedicated storage room, and a utility room. The property benefits from a newly installed HVAC system (2023), ensuring year-round comfort and efficiency. Tenants are responsible for electricity, water, sewer, and trash removal. An annual shared maintenance fee of $500 per unit is in place. Lease terms are flexible, with a minimum one-year lease available, and longer-term options are also considered. The listed monthly rent serves as a guideline, and final pricing may be adjusted based on the specific business use. The property sits on a 0.56-acre lot. This location is surrounded by successful businesses, making it an excellent choice for companies seeking a prominent presence in a busy commercial area. The property is ready for immediate occupancy.

Property profile

Verified
Property type Office Spaces
Year built 1971
Lot 0.56 ac (24,394 SF)
UPID US73-0048465

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Advertising Agency Marketing & Advertising
  • Vocational School Training Center
  • Artist Art Dealer

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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