145 W Lancaster Ave

Downingtown, PA 19335
  • $1,420,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 9,996

    SqFt

About the Listing 55701 - 3226143

Mixed-use investment opportunity located along Lancaster Avenue, one of Downingtown's primary commercial corridors. The property consists of eight one-bedroom residential apartments positioned above two street-level retail storefronts, creating a diversified income stream from both residential and commercial tenants. The residential units benefit from strong rental demand driven by the area's employment base, walkability, and convenient access to the Downingtown Borough center, SEPTA Regional Rail, and Amtrak service. The retail storefronts enjoy visibility along Lancaster Avenue and provide additional income diversification within the asset. The property currently generates approximately $138,528 in annual gross rental income and includes a mix of market-rate and Housing Authority of Chester County (HACC) supported tenants, providing stable occupancy and consistent cash flow. This property is being offered individually or as part of a 75-Unit Portfolio, a larger collection of 11 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandum and Portfolio information, financials, and supplemental offering materials are available upon request.

Listing Highlights

Status Active
Days on Site 8
Property Type Commercial Sale
MLS ® PACT2128994
Year Built 1900
Total Square Footage 9,996
Lot/Acreage 0.23

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Hot Water
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: C-2
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $12,088
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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Questions About..

145 W Lancaster Ave Downingtown, PA 19335

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Originating MLS: BRIGHT_MAIN

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