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163-165 E Lancaster Ave 9,200 SF Vacant Retail Building Wayne, PA 19087 $2,700,000 ($293.48/SF)
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
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
Building Size
9,200 SF
Building Class
C
Year Built/Renovated
1950/2000
Price
$2,700,000
Price Per SF
$293.48
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.11
Lot Size
0.19 AC
Zoning
WBOD - Wayne Business Overlay District
Frontage
62’ on Lancaster Ave
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $1,482,740 (2025) | |
| Land Assessment | $695,150 (2025) | Annual Taxes | $19,158 ($2.08/SF) |
| Improvements Assessment | $787,590 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$695,150 (2025)
Improvements Assessment
$787,590 (2025)
Total Assessment
$1,482,740 (2025)
Annual Taxes
$19,158 ($2.08/SF)
Tax Year
2024
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163-165 E Lancaster Ave
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