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137 Wallace Avenue Downingtown, PA $ 699,000
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$ 699,000 Get more info
137 Wallace Avenue
$ 699,000
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137 Wallace Avenue

Downingtown, PA, 19335
$ 699,000
Bedrooms-- Baths-- Sq 11,379

Monthly Estimate*

$ 4,414

137 Wallace Avenue, Downingtown, PA 19335 - Image 1
137 Wallace Avenue, Downingtown, PA 19335 - Image 2
137 Wallace Avenue, Downingtown, PA 19335 - Image 3
137 Wallace Avenue, Downingtown, PA 19335 - Image 4
137 Wallace Avenue, Downingtown, PA 19335 - Image 5
137 Wallace Avenue, Downingtown, PA 19335 - Image 6
137 Wallace Avenue, Downingtown, PA 19335 - Image 7

Commercial Property for sale in Downingtown, PA

for $699,000. This 11,379 square foot building was built in 1957 on a lot size of 1.1.

Fully occupied Commercial property of over 11,000 sf on 1.1 acre lot in Downingtown. On site parking lot that can accomodate 50 plus cars. Tenants include Beer Brewery, auto service and landscaper. Their current monthly rents are $2,500, 2,000, and 1,020, respectably. The Brewery's monthly rent is scheduled to be increased from $2,500 to $4,000 beginning September 1, 2026. This property is a subject of environmental issues: Phase I, II and III investigations have been performed - PA DEP has disaproved Remedial Investigation Report and Clean up Plan, leaving the issues unresolved. To get the issus resolved, a further action is needed and an environmental company has proposed it at an estimated cost of $42,030. Property to be sold in as is condition, and thus, the new owner needs to take the final stage environmental action, assuming the cost.

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Commercial Active

Price

$ 699,000

Property Type

Commercial

Taxes

$ 15,600

Style

Auto Related,Manufacturing,Warehouse

Lot Size

1.1

Year Built

1957

Town/City

Downingtown

County/Region

Chester

MLS | Web ID

PACT2129812
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 4
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 90-120 Days CD
Zoning M20 IND: LIGHT IND
Construction Materials Brick Frame Metal Siding
Exclusions All tenant equipmets and belongings
Year Built 1957
Property Subtype Industrial
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality DOWNINGTOWN BORO
Gross Income 80000.00
Business Type Auto Related Manufacturing Warehouse
Accessibility No Stairs
County CHESTER
Net Operating Income 60000.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Use GPS. From Business Rt 30 N on Rt 282 (Wallace Ave). From Highway 30 S on Rt 282
City DOWNINGTOWN
MLS Area Downingtown Boro (10311)
Lot Size Units Square Feet
Lot Size Square Feet 47916.00
Tax Annual Amount 15600.0
Price Per Sq Ft Total AG 61.43
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 0009.0100
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Exterior
Water Source Public
Type of Parking Driveway Parking Lot
Water View Y/N N
Building Area Total 11379.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.10
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 187650.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 137
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* Excluded Features
List By
Hanco Real Estate Llc

Broker

hasangmook@gmail.com

Email

Affordability Calculator

$5,714
Per Month
77%
23%
0%
Monthly Principal & Interest
$4,414
Monthly Property Taxes
$1,300
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/2/2026$699,000 Listed Price

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137 Wallace Avenue, Downingtown, PA, 19335 is a Commercial Property for sale at $699,000 with 11,379 sqft and a lot size of 1.1. 137 Wallace Avenue was built in 1957. The property's zip code is 19335 which is in Downingtown, PA

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