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    OFF-MARKET
    Office Spaces

    801 Lancaster Ave, Downingtown, PA 19335

    0.56 ac lot Built 1971
    Individually Owned 5-yr Hold
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Richard S. Ripley, DC Alternative Medicine Practice
    • Ripley Chiropractic and Wellness Center Alternative Medicine Practice
    • ASR Enterprises Inc Advertising Agency Marketing & Advertising
    • Moretti Music Vocational School Training Center
    • Al Moretti ~ Artist Art Dealer Music Management And Promotion
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Rita A Fantanarosa · 5 yrs held
    Rita A Fantanarosa
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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