Attention Investors - 2.5 story traditional property located in the Thorndale Village Center area (C1 zoning provides for mixed usage). This property is primed for your creative business desires. Perfect for retail (spa, barber, beautician shop, etc...) or professional office (attorney, title co, etc...). Use as a one unit property or multi-units. First floor could be business with 2nd & 3rd floors making a lovely apartment. Roof is only 3 years old, most windows have been updated, and some new duct work as well as electric box added. Lot next to property is part of the sale and will provide ample parking. This is a fabulous opportunity to shape an investment property to your vision and maximize profitability - come explore it today.
137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment for you or a place for your business? The owner is relocating and business is not included. This is 1 block away from the Downingtown Train Station and half a block away from the Septa Bus Stop. Right on the Main Street of Downingtown. This is a great location!
Downingtown is located in Pennsylvania. Downingtown, Pennsylvania has a population of 8,047. Downingtown is less family-centric than the surrounding county with 29.24% of the households containing married families with children. The county average for households married with children is 36.91%.
The median household income in Downingtown, Pennsylvania is $72,669. The median household income for the surrounding county is $109,969 compared to the national median of $69,021. The median age of people living in Downingtown is 39.3 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 48.9 inches per year, with 28.5 inches of snow per year.
