137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment for you or a place for your business? The owner is relocating and business is not included. This is 1 block away from the Downingtown Train Station and half a block away from the Septa Bus Stop. Right on the Main Street of Downingtown. This is a great location!
The median home value in Downingtown, PA is $535,000. This is higher than the county median home value of $491,600. The national median home value is $338,100. The average price of homes sold in Downingtown, PA is $535,000. Approximately 50.39% of Downingtown homes are owned, compared to 45.89% rented, while 3.73% are vacant. Downingtown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Downingtown real estate agent to arrange a tour today!
Downingtown, Pennsylvania has a population of 8,047. Downingtown is less family-centric than the surrounding county with 29.24% of the households containing married families with children. The county average for households married with children is 36.91%.
The median household income in Downingtown, Pennsylvania is $72,669. The median household income for the surrounding county is $109,969 compared to the national median of $69,021. The median age of people living in Downingtown is 39.3 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 48.9 inches per year, with 28.5 inches of snow per year.