237 Lancaster AveWayne, PA 19087

Property Details for 237 Lancaster Ave

Lot size

1.10 AC

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional 14,673 square foot medical office building, formerly a Rite Aid, presents a unique investment opportunity in the heart of Wayne, Pennsylvania. Situated on a highly visible, signalized corner lot in Delaware County, this single-tenant property boasts ample off-street parking, ensuring convenient access for patients and staff. The building's strategic location benefits from significant daily traffic exceeding 25,000 vehicles, and a strong demographic profile with a median household income exceeding $150,000 within a one-mile radius. The property features a desirable open floor plan with higher-than-standard ceiling heights, offering flexibility for various medical practices. Currently, 7,673 square feet of space is available, divisible into units as small as 2,500 square feet, catering to a range of tenant needs and expansion possibilities. The 1.1-acre lot provides ample space for future development or expansion. This property is ideal for medical professionals seeking a high-visibility location in a thriving community with a strong patient base. The building's size and layout offer significant potential for a variety of medical uses, making it an attractive investment for both established practices and new ventures. The combination of location, size, and accessibility makes this a truly exceptional opportunity.

Location Insight

City

Wayne

County

Delaware

State

Pennsylvania

Latitude

40.0439

Longitude

-75.3818

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