658 Lancaster Ave
Berwyn, PA 19312
Berwyn Village Shoppes · Retail Property For Sale

Trophy Main Line Mixed Use Center. This building has it all. The fastest growing town on the Main Line, Chester County Taxes, T/E School District. Area is undergoing significant residential development. Center of town. Directly across the street from the Berwyn Train Station. Mixed use with full occupancy. The second floor space was formerly the town hall in 1900. Ownership has expanded one of the restaurants to include the town hall space creating one of only two two-floor restaurant,catering and event spaces on Rt 30 in the heart of the Main Line. This center is Fully Leased which includes 2 Full-Service Restaurants, Post Office, Dental Office, Legal Office, 7 Second Floor Residential Units and Twin Home. There is still room to expand and grow this center. Onsite and offsite parking. Property Rights Appraised: Leased Fee, Fee Simple Site Size and Topography: 22,763sf (net), generally level Zoning: VB, Village Business Commercial Flood Zone: FEMA Map: 42029C0165G (9/29/17) Not in hazard Utilities: Public water, sewer, electric, gas Improvements: Several interconnected 2-story mixed-use buildings Marketable GBA GLA (sf) First Floor 12,750 11,670 Second Floor 10,850 9,660 Total 23,600 21,330 Building Area Summary Marketable GLA of 1st floor commercial is from current leases;. 2nd level commercial from lease; apartment units GLA is inside wall rough estimates based on some available plans. GBA estimate from plans provided (See Appraisal Scope p. 6/7); GBA is outisde wall detail in Addenda. Does not include basements. Loss due to halls, stair, & non rentable. Date Constructed: Early 1900s-60s; periodic renovations