529 Uwchlan AveDowningtown, PA 19335

Property Details for 529 Uwchlan Ave

Year built

1930

Lot size

0.56 AC

Property size (Sq ft)

7,413 SF

Zone code

R1

Property type

Other commercial real estate

APN

3304 00850300

APU

330400850300

Description

This versatile two-story commercial building, situated on a 0.56-acre lot at 529 W Uwchlan Avenue in Downingtown, PA, presents a unique investment opportunity. Currently vacant, the property offers significant potential for various uses. The building features three separate entrances, providing flexibility for multiple tenants or a single large occupant. The first floor, approximately 2000 square feet, previously served as a medical office and includes a reception area, several partitioned rooms, a bathroom, and two rooms suitable for residential use. The second floor also offers several divided rooms and a bathroom, adaptable for office or residential purposes. A full basement is accessible via two garage doors, providing ample parking or storage space, in addition to a large open area. The property includes a parking lot with capacity for seventeen vehicles. The building's location on a major street offers excellent visibility and accessibility, while maintaining a quiet neighborhood atmosphere. The first floor is available for lease at a monthly rate of $3,900. With potential for subdivision into eight separate units (subject to obtaining necessary permits and certificates), this property offers a compelling opportunity for both investors and owner-occupiers.

• Alternative Use

  Use

  Valuation

  Residential

  $2,341,318

  Hospitality

  $2,144,635

  Educational

  $1,784,311

  Medical

  $1,845,676

  Retail

  $2,775,595

Location Insight

City

Downingtown

County

Chester

State

Pennsylvania

Latitude

40.0424

Longitude

-75.6654

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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