4215 W Lincoln Hwy 6,604 SF 100% Leased Office Building Downingtown, PA 19335 $650,000 ($98.43/SF)

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