Price Reduction
Listed By:
Wayne Realty Corporation
Address
102 E Lancaster Avenue, Wayne, PA
Price
$ 1,875,000
Property Attributes
  • MLS#PADE2063378
  • TypeCommercial
  • CountyDELAWARE
  • CityWayne
  • AreaRadnor Twp
  • Zip19087
  • StyleApartment Building,Restaurant/Bar,/General Retail
  • Year Built1884
  • Taxes$ 16062
  • Price$ 1,875,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9426
  • Lot Size7840 Acres
Data Source:
Bright MLS
Property Description

Back on the Market! Improved Mixed use Commerical building- Full occupied with room for rents to improve. It consists of two retail store fronts, Basement storage, One individual office space, four residential apartments. Extra private parking for all. Over 9000 sq ft total. Room for improvement and significant increase in residential rents.

Price History
3/13/2024 Listed $2,150,000
4/26/2024 13% - $1,875,000

General Features

Sewer Public Septic
Heating Heat Pump - Electric BackUp,Radiator
Cooling Multi Units
Possession Immediate
Zoning WAYNE BUSINESS OVERLAY DI
Construction Materials Brick,Block
Year Built 1884
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 134400.00
OwnerPays Gas,Heat,Insurance,Management,Sewer,Sewer Maintenance,Snow Removal,Taxes - Real Estate
Business Type Apartment Building,Restaurant/Bar,Other/General Retail
Accessibility None
County DELAWARE
Net Operating Income 92874.00
Operating Expense 37494.00
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions One store of corner of Lancaster and S Wayne
ModificationTimestamp 2024-04-26T10:37:02
City WAYNE
Buyer Agent Compensation 2
Total Units 1
MLS Area Radnor Twp (10436)
Lot Size Square Feet 341510400.00
Tax Assessed Value 808780.0
Waterfront Y/N No
Street Name LANCASTER
Tax Annual Amount 16062.0
Price Per Sq Ft 198.92
Acceptable Financing Cash,Conventional
Historic Y/N No
Vacation Rental Y/N No
Days on Market 49
Location Type Business District
Standard Status Active
Year Built Source Estimated
Tax Lot 381-000
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 4
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No
Total Restrooms 9

Exterior Features

Parking Features Lighted Parking,Private
Water Source Public
Total Parking Spaces 15
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 9426.00
Lot Dimensions 42.20 x 230.00
Lot Size Acres 7840.00
Road Frontage Length 42
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 365470.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 15

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19087

Price
AVG $760K
$1.88M
Taxes
AVG $12,205
$16,062
Visits
AVG 299
94
Data Provided by Inside Real Estate®
Year Built
AVG 1942
1884

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