Listed by Avison Young - Property Managment
$2,300,000
Details
Property Type Retail, Multifamily
Sub Type Restaurant, Apartment Building
Square Footage 10,788
Units 12
NOI $102,000
Tenancy Multi
Year Renovated 2022
Acreage 0.480
Zoning R-4, Borough of Downingtown
Parking Spaces 38 spaces
Parking per 1,000 SqFt 3.52
Retail | 10,788 SqFt
Marketing description
Located along Route 30 in Downingtown, 541 W Lancaster Avenue offers a fully equipped second-generation restaurant paired with twelve efficiency units, two of which include kitchenettes. The building totals 10,788 SF on a 0.48-acre site with on-site parking and public utilities. Recent upgrades including new plumbing, electrical systems, and a 2022 metal roof support reliable long-term operation. Its R-4 zoning and established restaurant infrastructure make it well suited for continued hospitality use.
Investment highlights
- Liquor License Included
- Seating Capacity: 125 Main | 75 Outdoor | 35 Event Space
- Utilities: Public
- Systems: New plumbing & electric
- Total Units: 12 Efficiency units
- Annual Rental Income: $102,000 | Property Manager lives in one unit and handles all operations
- Annual Property Taxes: $11,605
- Kitchens: 2 with kitchenettes; 10 without kitchens
- Utilities: Landlord responsible, including cable
Listing Contacts
Listed by Avison Young - Property Managment
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,000.00
$8,500.00/mo
Valuation Metrics
0
DSCR
4.43%
Cap Rate
4.43%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
