123 E Lancaster Ave - Storefront Retail/Office FOR SALE


Paoli, PA 19301
$895,000 USD
267-780-3419
123 E Lancaster Ave, Paoli, PA for Sale
$895,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 7.3% Cap Rate

123 E Lancaster Ave
Paoli, PA 19301


OVERVIEW

123–125 E. Lancaster Avenue is a six-unit mixed-use building in the heart of Paoli's Lancaster Avenue corridor — steps from the SEPTA/Amtrak station on the Main Line. The property includes two commercial spaces and four residential apartments across three stories plus a lower level. The anchor commercial tenant, iBeach Club, holds a lease through July 2031, providing exceptional long-term income certainty. The lower-level commercial tenant has been in place since 2017. All four residential apartments are leased with staggered expirations through early 2027. New roof 2021. Zoned Town Center District (TCD) — northwest corner with strong visibility, proximity to Paoli Hospital, SEPTA/Amtrak, and the surrounding retail corridor. All financials verified with actual 2026 tax bills and 12 months of Homestead Property Management statements.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

TCD

APN/PARCEL ID

43-09M-0114.0000

ASK ABOUT THIS PROPERTY

Jon O'SheaMcCann CommercialMore Info
267-780-3419

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Jon O'SheaMcCann CommercialMore Info
267-780-3419

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.