1 Pennsylvania Ave, Wayne, PA 19087

$2,100,000

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List Price
$2,100,000
Days on Market
17
MLS#
PADE2122800
Status
ACTIVE
Type
Commercial
Year Built
1920
County
Delaware
Region
Radnor Twp (10436)
Neighborhood
Downtown Wayne
Subdivision
Downtown Wayne

Property Description

Fully renovated mixed-use investment in the heart of Wayne on Philadelphia's Main Line. Four residential units PLUS a ground-floor commercial space occupied by a long-established neighborhood market. The four apartments are — two 1BR/1BA (one with a private deck), a 2BR/1.5BA and a 2BR/1BA. Renovated in 2024 with white shaker kitchens, quartz counters, stainless appliances, dishwashers, and in-unit laundry. Off-street parking lot. Accross from Wayne Station on SEPTA's Paoli/Thorndale line, plus Lancaster Avenue shopping and dining. Professionally managed. Financials and rent roll upon request. Wayne is among the Main Line's most established addresses, anchored by a walkable Lancaster Avenue spine of restaurants, boutiques and coffee shops. SEPTA's Paoli/Thorndale line runs from Wayne Station to Center City in roughly 30 minutes, and Route 30, I-476 and the Pennsylvania Turnpike are all minutes away. King of Prussia, Villanova University and the region's largest employment corridor sit within a short drive. Tight zoning and almost no new multifamily supply keep vacancy low and rents firm. Select images have been digitally enhanced and virtually staged using AI to illustrate the space's potential.

Additional Information

Acres
0.54
Lot Size
23,522
Elementary School
Wayne
Middle School
Radnor
High School
Radnor
Cooling
Ductless/Mini-Split
Heating
Central
Taxes
$4,235

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Listing courtesy of Coldwell Banker Realty. Contact: (215) 923-7600