← Back to search

145 W LANCASTER AVENUE

DOWNINGTOWN, PA 19335

Property Information from Bright MLS.

Active Commercial Sale · MixedUse
Listing Office
Real of Pennsylvania
Listed by Beau McGettigan (3226143)
Data last updated: 08/19/2026 02:18 PM EDT.
Information Deemed Reliable But Not Guaranteed
Price
$1,420,000

Overview

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.

Key facts

Property type
Commercial Sale
Status
Active
Year built
1900
Square feet
-

Features

Feature details are available upon request.

Location

Map location is approximate and for reference only.

Map data © OpenStreetMap contributors