4215 W Lincoln Hwy - Medical FOR SALE


Downingtown, PA 19335
$650,000 USD
610-359-5810
4215 W Lincoln Hwy, Downingtown, PA for Sale
$650,000 USD
Medical - FOR SALE
1/27
null | Request Cap Rate

Jan '27


4215 W Lincoln Hwy
Downingtown, PA 19335


OVERVIEW

Fully leased mixed-use investment opportunity on Route 30 in Downingtown, PA. 2 apartment units (1 BR & 3 BR) upstairs, along with 1,600 +/- SF of commercial space on the first floor. Roughly 6,000 SF building situated on 0.6 acres. Over $75,000 worth of capital improvements have recently been completed on the interior and exterior of the property. New roof, stucco, windowsill capping, soffit, etc., all completed at the end of 2025. New heating and A/C units installed for all three units at the end of 2023. Property has a huge private parking lot along the side and rear of the building, along with a storage shed next to the building. Incredible location and exposure for a commercial tenant. Also a great place to live with a Downingtown address for the residential tenants. Currently fully leased with steady cashflow from existing tenants. All rents, including commercial tenant are significantly under market and submarket averages. Outstanding value-add component in simply adjust rents to market rates. Additional value-add component by converting commercial space into two additional residential units. Seller has recently drawn and preliminarily approved plans for the conversion into an additional 1 BR and 3 BR apartments. Estimated cost of conversion is roughly $80,000. Financial information and projections are available in the Offering Memorandum attached. For more information, please call Ben Souders at 610-547-6820

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

C2

APN/PARCEL ID

39-005-0012.0000

ASK ABOUT THIS PROPERTY

Benjamin SoudersVista Realty Partners, LLCMore Info
610-359-5810

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Benjamin SoudersVista Realty Partners, LLCMore Info
610-359-5810

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