137 Wallace Ave

Downingtown, PA 19335
  • $699,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 11,379

    SqFt

About the Listing HANCORE - 3171437

Fully occupied Commercial property of over 11,000 sf on 1.1 acre lot in Downingtown. On site parking lot that can accomodate 50 plus cars. Tenants include Beer Brewery, auto service and landscaper. Their current monthly rents are $2,500, 2,000, and 1,020, respectably. The Brewery's monthly rent is scheduled to be increased from $2,500 to $4,000 beginning September 1, 2026. This property is a subject of environmental issues: Phase I, II and III investigations have been performed - PA DEP has disaproved Remedial Investigation Report and Clean up Plan, leaving the issues unresolved. To get the issus resolved, a further action is needed and an environmental company has proposed it at an estimated cost of $42,030. Property to be sold in as is condition, and thus, the new owner needs to take the final stage environmental action, assuming the cost.

Listing Highlights

Status Active
Days on Site 33
Property Type Commercial Sale
MLS ® PACT2129812
Year Built 1957
Total Square Footage 11,379
Lot/Acreage 1.1

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 60
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: M20 IND: LIGHT IND
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Driveway,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $15,600
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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Questions About..

137 Wallace Ave Downingtown, PA 19335

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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