145 W Lancaster Ave, DOWNINGTOWN, PA

$1,420,000

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9,996

Square feet

0.23

Acres

About 145 W Lancaster Ave

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.

Features of 145 W Lancaster Ave

MLS® # PACT2128994
Price $1,420,000
Bathrooms 0.00
Square Footage 9,996
Acres 0.23
Year Built 1900
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 145 W Lancaster Ave
Area Downingtown Boro
City DOWNINGTOWN
County CHESTER-PA
State PA
Municipality DOWNINGTOWN BORO
Zip Code 19335

Amenities

Is Waterfront No

Interior

Heating Hot Water
Cooling Other
# of Stories 3

Exterior

Exterior Other
Construction Other

Additional Information

Date Listed June 22nd, 2026
Days on Market 82
Zoning C-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal of Pennsylvania

Listing Map

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