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145 W LANCASTER AVENUEDOWNINGTOWN, PA 19335

Commercial · 9,996 Sq. ft. | 0.23 Acres
$1,420,000 ACTIVE

145 W LANCASTER AVENUE Overview

Time on Site:
8 days
Visits:
1

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.

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145 W LANCASTER AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 9,996
  • Price/Sq.ft. $142
  • Lot 0.23 Acres

Details

General

Income/Expenses

  • Gross Scheduled Income: 138528.00

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1900

Business Information

  • Business Type: Apartment Building,Other

Location/Region

  • Country: US
  • County: CHESTER
  • County Or Parish: CHESTER
  • MLS Area Major: Downingtown Boro (10311)

Parking Information

  • Total Parking Spaces: 8
  • Type of Parking: On Street,Parking Lot

Tax Information

  • City/Town Tax: 2286.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 1365.00
  • County Tax Payment Frequency: Annually
  • School Tax: 8436.00
  • Tax Annual Amount: $12,088.00
  • Tax Assessed Value: 264370.00
  • Tax Year: 2025

General Information

  • Historic: No
  • Municipal Trash: No
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • School District Name: DOWNINGTOWN AREA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: C-2

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 9996.00
  • Central Air: No
  • Elevators Count: 0
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: Other
  • Entry Level: 1
  • Stories Total: 3

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.23
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10042.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Other

General Information

  • Number Of Units Total: 10
  • Sewer: Public Sewer
  • Water Access: No

145 W LANCASTER AVENUE Neighborhood

Community

19335 (DOWNINGTOWN) Demographics

41
Median Age
1,105
Population Density (per sq. mile)
65%
College Educated
$116,895
Estimated Median Income
14,394
Estimated Total Home Owners
3,519
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

145 W LANCASTER AVENUE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

145 W LANCASTER AVENUE Market Data

Based on the last 30 days in this zip code

$737,496
Average List Price
$279
Average Price per Square Foot
58
Properties Sold
57
Average Days on Market
179
Properties for Sale
Calculations provided by Reliance Network

145 W LANCASTER AVENUE History

Date Event Value Agent
6/22/2026Source: BRIGHT MLS Added to Database
June 22, 2026
Listing provided courtesy of Real of Pennsylvania- MLS# PACT2128994MLS ProviderContact Information: [email protected] - 8554500442