840 E Lancaster Ave

Estimated Monthly Payment: $80,323/mo 840 E Lancaster Ave, Devon, PA 19333 MLS# PACT488208 Commercial Sale Listing Status: ACTIVE
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REMARKS:

Offering 2 "CLASS A" retail/office buildings totaling 32,000 SF on 1.8 acres located at a 4-way traffic light intersection with over 40K in daily vehicle count, featuring, 1000FT of Philadelphia Main Line frontage, 50 ground level parking spaces & an 80-car underground garage. Taking 10 yrs to complete & revered as a modern-day Taj Mahal, this project is estimated to cost over 25MM to construct & was forged by the owner purchasing 8 parcels to build unparalleled curb appeal. With the primary purpose of catering to the luxury demographic of Philadelphia~s elite, this asset was built by expert craftsmen from across the world using only the best materials. The 1st building (20KSF) features high-class restaurant & retail/office space with PA's 2nd largest 25,000 bottle wine cellar/dining room. Upstairs has a 2nd high-class restaurant with retail/office/banquet space. The 2nd building (10KSF) has high-end medical/retail/office space. 1.3M GROSS, 1.04M NET, 6% CAP. See attached media.

OVERVIEW:

Commercial Sale
ACTIVE
BRIGHT
1999
1.71
74572
Flat
Heat Pump(s)
Natural Gas
Central A/C
Public
Public Sewer

FINANCIAL:

16500000
60968
60968

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Century 21 Keim Realtors

 

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