102 E Lancaster Avenue Wayne, PA $ 1,875,000
102 E Lancaster Avenue
$ 1,875,000
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102 E Lancaster Avenue

Wayne, PA, 19087
$ 1,875,000
Baths0.0 Sq 9,426

Monthly Estimate*

$ 12,462

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Studio

Commercial Property for sale in Wayne, PA

for $1,875,000. This 9,426 square foot building was built in 1884 on a lot size of 7840.

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.

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Commercial Contingent

Price

$ 1,875,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,062

Style

Apartment Building,Restaurant/Bar,/General Retail

Lot Size

7840

Year Built

1884

Town/City

Wayne

County/Region

Delaware

MLS | Web ID

PADE2063378

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 4
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N N
Total Restrooms 9
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General
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
Municipality RADNOR TWP
Gross Income 134400.00
Business Type Apartment Building Restaurant/Bar Other/General Retail
Accessibility None
County DELAWARE
Net Operating Income 92874.00
Operating Expense 37494.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions One store of corner of Lancaster and S Wayne
City WAYNE
Buyer Agent Compensation 2
Total Units 1
MLS Area Radnor Twp (10436)
Lot Size Square Feet 341510400.00
Waterfront Y/N N
Street Name LANCASTER
Tax Annual Amount 16062.0
Price Per Sq Ft Total 198.92
Acceptable Financing Cash Conventional
Historic Y/N N
Vacation Rental Y/N N
Days on Market 78
Location Type Business District
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 381-000
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Lighted Parking Private
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 9426.00
Lot Dimensions 42.20 x 230.00
Lot Size Acres 7840.00
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 365470.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 102
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* Excluded Features
List By
Wayne Realty Corporation

Broker

mgiovanni@waynerealtypa.com

Email

Affordability Calculator

$13,800
Per Month
90%
10%
0%
Monthly Principal & Interest
$12,462
Monthly Property Taxes
$1,339
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$1,875,000 -12.79% Price Down
3/13/2024$2,150,000 Listed Price

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102 E Lancaster Avenue, Wayne, PA, 19087 is a Commercial Property for sale at $1,875,000 with 9,426 sqft and a lot size of 7840. 102 E Lancaster Avenue is a studio with 0.0 baths and was built in 1884. The property's zip code is 19087 which is in Wayne, PA