BEDS0
BATHS
MLS#PACT2128994
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLDOWNINGTOWN AREA
Property Description
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.
Property Features
Property Type: Commercial -
Fuel Type: Natural Gas
Heating: Hot Water
Lot Size: 0.23 Acres
Taxes: $12,088
Year Built: 1900
Feature Descriptions
Lot Dimensions: 0.23 Acre(S)
Municipality: DOWNINGTOWN BORO
Sewer: Public Sewer
Total Garage/Parking Spaces: 8
Units: 10
Water: Public
Local Schools
School District: DOWNINGTOWN AREA
Listed By / Shown By
Listed By
Agency Name: Real of Pennsylvania
Agency Phone: 8554500442
Shown By
Agent Name: The Chrissie Barrick Team
Agent Phone: (717) 451-3850
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
145 W Lancaster Avenue | MLS# PACT2128994
This commercial property located at 145 W Lancaster Avenue, Downingtown, PA 19335 is currently listed for sale with an asking price of $1,420,000. W Lancaster Avenue is located within the DOWNINGTOWN AREA school district. Search Downingtown real estate on www.thechrissiebarrickteam.com today.