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  • Price$16,500,000
  • SQ. Feet32,000
  • Acres1.71
  • Built1999

840 E Lancaster Ave, DEVON

Offering 2 "CLASS A" retail/office buildings totaling 32,000 SF on 1.8 acres located at a 4-way traffic light intersection with over 40K in daily vehicle count, featuring, 1000FT of Philadelphia Main Line frontage, 50 ground level parking spaces & an 80-car underground garage. Taking 10 yrs to complete & revered as a modern-day Taj Mahal, this project is estimated to cost over 25MM to construct & was forged by the owner purchasing 8 parcels to build unparalleled curb appeal. With the primary purpose of catering to the luxury demographic of Philadelphia~s elite, this asset was built by expert craftsmen from across the world using only the best materials. The 1st building (20KSF) features high-class restaurant & retail/office space with PA's 2nd largest 25,000 bottle wine cellar/dining room. Upstairs has a 2nd high-class restaurant with retail/office/banquet space. The 2nd building (10KSF) has high-end medical/retail/office space. 1.3M GROSS, 1.04M NET, 6% CAP. See attached media.

Essential Information

  • MLS® #PACT488208
  • Price$16,500,000
  • Bathrooms0.00
  • Square Footage32,000
  • Acres1.71
  • Year Built1999
  • TypeCommercial Sale
  • Sub-TypeRetail
  • StatusActive

Interior

  • HeatingHeat Pump(s)
  • CoolingCentral A/C

School Information

  • DistrictTREDYFFRIN-EASTTOWN

Community Information

  • Address840 E Lancaster Ave
  • AreaTredyffrin Twp (10343)
  • CityDEVON
  • CountyCHESTER-PA
  • StatePA
  • Zip Code19333

Exterior

  • ExteriorBrick and Siding, Frame, Metal
  • RoofFlat

Additional Information

  • ZoningC1
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and is updated as of October 18th, 2019 at 9:05am EDT (date/time). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.