8 Paul Nelms Drive Downingtown, PA ^$ 1,825,000

8 Paul Nelms Drive

^$ 1,825,000

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Recently Listed

8 Paul Nelms Drive

Downingtown, PA, 19335

^$ 1,825,000

Bedrooms-- Baths-- Sq 8,595

Monthly Estimate*

^$ 11,523

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Commercial Property for sale in Downingtown, PA

for $1,825,000. This 8,595 square foot building was built in 1900 on a lot size of 1.17.

Tthirteen 1-bedroom units in Downingtown, all leased to private-pay tenants. Located on Paul Nelms Drive, the property includes an additional land lot offering potential for future development, subject to applicable approvals. The 100% private-pay tenant base provides exposure to market rents without income-restriction requirements. With 13 units, the property offers operational scale and diversified rental income in a Downingtown market characterized by limited housing availability. This property is being offered as part of a larger 72-unit portfolio consisting of 10 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania.

Commercial Active

Price

^$ 1,825,000

Property Type

Commercial

Taxes

^$ 13,843

Style

Apartment Building

Lot Size

1.17

Year Built

1900

Town/City

Downingtown

County/Region

Chester

MLS | Web ID

PACT2134968

Features

Interior

Heating Fuel Other

Hot Water Other

Heating Y/N Y

Central Air Y/N N

General

Sewer Public Sewer

Heating Baseboard - Electric Other

Cooling None

Possession Settlement

Zoning COMM

Construction Materials Other

Year Built 1900

Property Subtype Five Or More Units

Tax Year 2026

Ownership Fee Simple

Cool Fuel Electric

Municipality CALN TWP

Gross Income 159048.00

Business Type Apartment Building

Building Name MANSION HOUSE

Accessibility None

County CHESTER

Net Operating Income 118627.00

Operating Expense 40421.00

New Construction N

Property Type Commercial Sale

Subdivision Name NONE AVAILABLE

Water Access Y/N N

Status ACTIVE

Directions GPS

City DOWNINGTOWN

Number Of Units Total 13

MLS Area Caln Twp (10339)

Lot Size Units Square Feet

Lot Size Square Feet 51139.00

Tax Annual Amount 13843.0

Price Per Sq Ft Total AG 212.33

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Tax Lot 0039

Total Actual Rent 159048.00

Cap Rate 6.50

Exterior

Water Source Public

Type of Parking Off Site Parking Lot

Water View Y/N N

Building Area Total 8595.00

Lot Size Acres 1.17

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 66780.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 8

* Excluded Features

List By

Real Of Pennsylvania

Broker

beau@suburbanwest.com

Affordability Calculator

$12,677

Per Month

Monthly Principal & Interest: $11,523
Monthly Property Taxes: $1,154
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Downingtown, PA

Average List Price ^$689,730

Percent of Sale Price 62%

About Downingtown, PA

8,564 Population

13% Since 2002

^$61,355 Median Income

38.88 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/11/2026	$1,825,000		Listed Price

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8 Paul Nelms Drive, Downingtown, PA, 19335 is a Commercial Property for sale at $1,825,000 with 8,595 sqft and a lot size of 1.17. 8 Paul Nelms Drive 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 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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8 Paul Nelms Drive

Commercial Property for sale in Downingtown, PA

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