145 W Lancaster Avenue • Downingtown, PA 19335

$1,420,000 Beds: 0 • Baths:Sq. Feet: 0 • MLS ID: PACT2128994 • Subdivision:School Dist: DOWNINGTOWN AREA
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. View this listing at: http://richardboasrealestate.com/mls=PACT2128994

Property Features

  • Taxes: $12,088
  • Lot Size: 0.23 Acres
  • Lot Dimensions: 0.23 Acre(S)
  • Heating: Hot Water
  • Fuel Type: Natural Gas
  • Year Built: 1900
  • Water: Public
  • Sewer: Public Sewer
  • Units: 10
  • Municipality: DOWNINGTOWN BORO
  • Total Garage/Parking Spaces: 8

School Information

  • School District: DOWNINGTOWN AREA
Printed June 24, 2026


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