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163-165 E Lancaster Ave 9,000 SF 51% Leased Retail Building Wayne, PA 19087 For Sale

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Investment Highlights

  • Great Owner/User multi-level property with ground-floor income potential + Elevator
  • 2nd Floor office/showroom with 16' clear ceiling height
  • Situated in the heart of Wayne's Central Business District next to the Wayne Hotel/ Rosalie

Executive Summary

Positioned in the heart of Wayne’s vibrant Central Business District, 163 East Lancaster Avenue presents a rare opportunity to own a distinctive second-floor loft-style office space. This ±4,376 SF multi-level property is ideally suited for an owner/user seeking a high-profile location with architectural character and modern functionality. The space features soaring 16-foot ceilings, an open floor plan, two ADA-compliant restrooms, and a perimeter layout that includes private offices and a conference room. A dedicated elevator provides direct access, enhancing accessibility and privacy.
Surrounded by a dynamic mix of upscale dining, boutique retail, and professional services—including the adjacent Wayne Hotel and Rosalie restaurant—this property benefits from strong foot traffic and visibility. The area is supported by robust demographics, with average household incomes exceeding $250,000 within a 1-mile radius and over 61,000 daytime employees within 3 miles. With 28,500 vehicles passing daily on Lancaster Avenue and proximity to the Wayne Train Station (7,773 daily riders), the location offers unmatched connectivity and exposure.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Taxes $19,158 $2.13
Operating Expenses - -
Total Expenses $19,158 $2.13

Financial Summary (Actual - 2024)

Taxes
Annual $19,158
Annual Per SF $2.13
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $19,158
Annual Per SF $2.13

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,000 SF
Building Class
C
Year Built/Renovated
1950/2000
Percent Leased
51%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.19 AC
Zoning
WBOD - Wayne Business Overlay District
Frontage
62’ on Lancaster Ave

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2nd Floor
  • 4,376 SF
  • Office
  • -
  • Now

+/- 4,376 SF Second floor loft style space with elevator situated in the heart of Wayne's Central Business District next to the Wayne Hotel / Rosalie. 16' clear ciling height, two ADA Restrooms, open floor plan with perimeter office and conference room.

Space Size Space Use Position Available
2nd Floor 4,376 SF Office - Now

2nd Floor

Size
4,376 SF
Space Use
Office
Position
-
Available
Now

2nd Floor

Size 4,376 SF
Space Use Office
Position -
Available Now

+/- 4,376 SF Second floor loft style space with elevator situated in the heart of Wayne's Central Business District next to the Wayne Hotel / Rosalie. 16' clear ciling height, two ADA Restrooms, open floor plan with perimeter office and conference room.

Walk Score®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Yoga Six
Charles Schwab
Santander
Starbucks
Anthony's Coal Fired Pizza
Citizens Bank
GIANT
Wells Fargo Home Mortgage
Fleming's Prime Steakhouse & Wine Bar
HOTWORX

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 36-01-00313-00
  • 36-01-00311-00
Land Assessment
$695,150 (2025)
Improvements Assessment
$787,590 (2025)
Total Assessment
$1,482,740 (2025)
Annual Taxes
$19,158 ($2.13/SF)
Tax Year
2024
  • Listing ID: 34394579

  • Date on Market: 1/7/2025

  • Last Updated:

  • Address: 163-165 E Lancaster Ave, Wayne, PA 19087

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