137 W Lancaster Avenue

Downingtown, PA
$ 449,000 Beds 0 Baths 0 Sq 2,831
Monthly Estimate* How much can I afford?

Give life to your vision of owning your own business! - This warm and inviting multi-family commercial residence in the Chester County borough of Downingtown is conveniently located and perfectly designed with your business dream in mind! With over 3,000 sq. ft. of space, there is more than enough room for big dreams and even bigger successes. The spacious storefront showroom offers convenient sidewalk access, and with 8 - almost unheard of - off-street parking spaces in the rear of the building, and metered/permit parking across the street, there is plenty of parking for customers to take advantage of. The 2nd floor boasts a generously sized 1 bedroom apartment with a full functioning kitchen, a large living room, 1.5 baths, and a spacious closet. 3rd floor can easily be transformed to a 2nd bedroom. Thanks to the convenience of a private entrance, the apartment awards you the option of having your very own office space above the showroom, or renting the space out as a source of additional income. There is another area in the back of the showroom, large enough to serve as an efficiency apartment or additional office space. With its prime location in the train station area and a projected rent potential of $2000 for the 1st floor and $1000 for the 2nd floor, this property is a business owner or prospective owner’s dream come true, as the opportunities for income potential are plentiful. Don’t allow yourself to miss this chance to build the life you’ve always wanted, by either giving life to your business ideas or simply collecting a handsome passive income while renting to other dreamers who share your same vision.

Commercial

  • Price
  • $ 449,000
  • Lot Size
  • 5,663 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 2,831
  • Full Bathrooms
  • 0
  • Year Built
  • 1900
  • Half Bathrooms
  • 0
  • City, Zip
  • Downingtown
  • Taxes
  • $ 3414
  • County
  • CHESTER
  • Style
  • General Retail,Professional,Hair Salon and Spa,Ap
  • Area
  • Downingtown Boro
  • MLS#
  • PACT530052
  • Zip
  • 19335
Listing Provided by: New Precision Realty
Data Source: Bright MLS - 382 - MD

Features

General

Acceptable Financing Cash, Conventional
Accessibility 2+ Access Exits
Business Type Other/General Retail, Professional, Hair Salon and Spa, Apartment Building
Construction Materials Frame, Stucco
Cool Fuel None
Cooling Window Unit(s)
County CHESTER
Days on Market 232
Electric 200+ Amp Service
Heating Hot Water
Location Type Business District
MLS Area Downingtown Boro (10311)
Municipality DOWNINGTOWN BORO
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 140.31
Property SubType Mixed Use
Property Type Commercial Sale
Property Use Owner User
PropertyCondition Good
Sewer Public Sewer
Tax Annual Amount 3414.0
Tax Lot 0314
Tax Year 2021
Vacation Rental Y/N No
Water Access Y/N No
Zoning R60 MIX
Zoning Description Residential Dwelling w/commercial use- apartment with store front

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Total Restrooms 3

Exterior Features

Building Area Total 3200.00
Car Parking Spaces 8
Fencing Y/n Yes
Lot Dimensions 0.00 x 0.00
Lot Features Rear Yard, Road Frontage
Lot Size Acres 0.13
Lot Size Source Assessor
Lot Size Square Feet 5600.00
Navigable Water Y/N No
Total Parking Spaces 8
Type of Parking Driveway
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the PHILADELPHIA, PA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/26/2021 Listed $459,000
4/30/2021 1% - $458,000
8/28/2021 2% - $449,000

Property vs Zip Code Average in 19335

Price
AVG $480K
$450K
Taxes
AVG $12,723
$3,414
Visits
AVG 88
10
Year Built
AVG 1959
1900
Walkscore
AVG 42
70
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

137 W Lancaster Avenue Downingtown, PA is a Single Family Home for sale at $449000 with 2831 sqft and a lot size of 5,663 SqFt Acre(s). 137 W Lancaster Avenue Downingtown has 0 bedrooms, 0 baths and was built in 1900. The property's zip code is 19335 which is in Downingtown, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.