145 W Lancaster Avenue Downingtown, PA $ 1,420,000
145 W Lancaster Avenue
$ 1,420,000
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145 W Lancaster Avenue

Downingtown, PA, 19335
$ 1,420,000
Bedrooms-- Baths-- Sq 9,996

Monthly Estimate*

$ 8,966

145 W Lancaster Avenue, Downingtown, PA 19335 - Image 1
145 W Lancaster Avenue, Downingtown, PA 19335 - Image 2
145 W Lancaster Avenue, Downingtown, PA 19335 - Image 3
145 W Lancaster Avenue, Downingtown, PA 19335 - Image 4
145 W Lancaster Avenue, Downingtown, PA 19335 - Image 5
145 W Lancaster Avenue, Downingtown, PA 19335 - Image 6
145 W Lancaster Avenue, Downingtown, PA 19335 - Image 7
145 W Lancaster Avenue, Downingtown, PA 19335 - Image 8
145 W Lancaster Avenue, Downingtown, PA 19335 - Image 9

Commercial Property for sale in Downingtown, PA

for $1,420,000. This 9,996 square foot building was built in 1900 on a lot size of 0.23.

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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Commercial Active

Price

$ 1,420,000

Property Type

Commercial

Taxes

$ 12,088

Style

Apartment Building

Lot Size

0.23

Year Built

1900

Town/City

Downingtown

County/Region

Chester

MLS | Web ID

PACT2128994

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Entry Level 1
Number of Elevators 0
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General
Sewer Public Sewer
Heating Hot Water
Cooling Other
Possession Settlement
Zoning C-2
Construction Materials Other
Year Built 1900
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality DOWNINGTOWN BORO
Business Type Apartment Building Other
Accessibility None
County CHESTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City DOWNINGTOWN
Number Of Units Total 10
MLS Area Downingtown Boro (10311)
Lot Size Units Square Feet
Lot Size Square Feet 10042.00
Tax Annual Amount 12088.0
Price Per Sq Ft Total AG 142.06
Historic Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 0317
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Exterior
Water Source Public
Type of Parking On Street Parking Lot
Water View Y/N N
Building Area Total 9996.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.23
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 44090.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 145
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* Excluded Features
List By
Real Of Pennsylvania

Broker

bmack@pcre.ltd

Email

Affordability Calculator

$9,973
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,966
Monthly Property Taxes
$1,007
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/22/2026$1,420,000 Listed Price

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145 W Lancaster Avenue, Downingtown, PA, 19335 is a Commercial Property for sale at $1,420,000 with 9,996 sqft and a lot size of 0.23. 145 W Lancaster Avenue was built in 1900. The property's zip code is 19335 which is in Downingtown, PA