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353 Lancaster Ave
For Sale $1,125,000
$1,125,000
- 5 Units
- Unknown Sq Ft
- 11,266 Sq Ft
- Unknown Cap Rate
Description
Investment Opportunity. Multi Unit building in the heart of East Whiteland, with a prime location and high visibility on Lancaster Ave. near the intersection of Rte 352. Minutes from 202 and major routes and easy access to public transportation. Property includes 2 residential apartments and 3 commercial spaces, and would be perfect for a user/owner to grow their business, while also receiving rental income. Includes designated basement storage and multiple entrance/exits, including rear garage space with garage door opening that will accommodate a mid size truck. Parking lot for 12-14 vehicles. Current leases for two of the commercial spaces through May 2026. Leases for the two residential spaces are month to month leases.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,125,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1953 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4204N0020.0100 |
| MLS # | PACT2117176 |
| Property ID | 322585528 |
| Lot Sqft | 11,266 |
| Zoning | C60 |
| Total Units | 5 |
| Days on Market | 16 |
| Original List Price | Unknown |
| Date Updated | February 13, 2026 |
| Date Created | February 13, 2026 |
| Cap Rate | 4.90% |
| Land Value Unit Type | SF |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Alison C Roithmayr an agent of . Lic #RS327729
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Data last updated: March 01, 2026.
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Robert Crawford
REAL ESTATE AGENT