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105 E Lancaster Ave
2,300 - 4,600 SF of Retail Space Available in Downingtown, PA 19335
Highlights
- FF&E can be included
- Corner property
- Recently Renovated
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 2,300-4,600 SF | Negotiable | $20.87 /SF/YR $1.74 /SF/MO $96,002 /YR $8,000 /MO | Triple Net (NNN) |
1st Floor
Presenting 105 E Lancaster Ave, a 4,600 SF +/- property tailor-made for restaurant entrepreneurs seeking a turnkey opportunity. The ground floor boasts a spacious open kitchen with seating and two restrooms, while the second floor features another full kitchen with a seating area and two restrooms. This versatile space is available for lease at $8,000.00 NNN for the entire building, or the first and second floors can be leased separately at $4,000.00 NNN each. Strategically located at the bustling intersection of E Lancaster Ave and Wallace Ave, right in the heart of downtown Downingtown, PA.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Kitchen
- Corner Space
- Exposed Ceiling
- Plug & Play
- FF&E can be included
- Two full kitchens
- Recently renovated
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 105 E Lancaster Ave , Downingtown, PA 19335
Min. Divisible | 2,300 SF | Gross Leasable Area | 4,600 SF |
Property Type | Retail | Year Built/Renovated | 1884/2021 |
Property Subtype | Restaurant |
Min. Divisible | 2,300 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 4,600 SF |
Year Built/Renovated | 1884/2021 |
About the Property
Presenting 105 E Lancaster Ave, a 4,600 SF +/- property tailor-made for restaurant entrepreneurs seeking a turnkey opportunity. The ground floor boasts a spacious open kitchen with seating and two restrooms, while the second floor features another full kitchen with a seating area and two restrooms. This versatile space is available for lease at $8,000.00 NNN for the entire building, or the first and second floors can be leased separately at $4,000.00 NNN each. Strategically located at the bustling intersection of E Lancaster Ave and Wallace Ave, right in the heart of downtown Downingtown, PA. The C-2 Central Commercial District of the Borough of Downingtown encompasses a designated area within the borough's zoning regulations, delineated for commercial purposes. Located in Downingtown, Pennsylvania, this district is structured to accommodate various commercial activities, fostering economic development and urban planning objectives within the community. As part of the borough's zoning framework, the C-2 Central Commercial District typically permits a range of commercial uses, including retail establishments, professional offices, restaurants, and service-oriented businesses. These regulations aim to create a vibrant commercial hub that serves both residents and visitors, while also contributing to the local economy. In addition to commercial activities, the C-2 district may also allow for mixed-use developments, integrating commercial spaces with residential units or other compatible uses. This mixed-use approach can enhance the district's livability and attractiveness, promoting a sense of community and providing convenient access to amenities and services. Zoning ordinances governing the C-2 Central Commercial District often include provisions related to building height, setback requirements, parking regulations, signage, and architectural design standards. These regulations aim to ensure orderly development, maintain aesthetic consistency, and mitigate potential impacts on surrounding properties and neighborhoods. Moreover, the C-2 district may be subject to specific planning guidelines and redevelopment initiatives aimed at revitalizing commercial areas, enhancing pedestrian infrastructure, and promoting sustainable development practices. Such efforts align with broader municipal goals of promoting economic vitality, improving quality of life, and fostering a vibrant urban environment. Overall, the C-2 Central Commercial District plays a crucial role in the economic and social fabric of the Borough of Downingtown, serving as a focal point for commercial activity, community interaction, and urban development initiatives. Its strategic location, diverse offerings, and regulatory framework contribute to its significance within the borough's built environment and contribute to its overall vitality and attractiveness as a place to live, work, and visit. The Borough of Downingtown, located in Chester County, Pennsylvania, exhibits several promising aspects for future development and economic growth, bolstered by its strategic location, logistical advantages, and proactive planning initiatives. Strategic Location: Situated in close proximity to major metropolitan areas such as Philadelphia and Wilmington, Downingtown benefits from its accessibility to regional markets and transportation networks. Its location at the intersection of several major highways, including the Pennsylvania Turnpike and U.S. Route 30, enhances connectivity and facilitates the movement of goods and people. Economic Advantages: Downingtown boasts a diverse economic base, with a mix of commercial, industrial, and residential sectors. The presence of established businesses, including manufacturing facilities, retail establishments, and professional services, provides a solid foundation for economic stability and growth. Additionally, the borough's commitment to fostering entrepreneurship and supporting small businesses through incentive programs and resources enhances its economic vibrancy. Logistical Infrastructure: The borough's infrastructure, including transportation networks, utilities, and telecommunications, is well-developed and maintained, further supporting its economic activities. Investments in infrastructure improvements and modernization projects contribute to efficiency and reliability, making Downingtown an attractive location for businesses seeking operational reliability and accessibility. Urban Planning Initiatives: Downingtown's forward-thinking approach to urban planning and development underscores its commitment to sustainable growth and quality of life. Strategic land-use planning, zoning regulations, and redevelopment initiatives aim to optimize land utilization, enhance walkability, and promote mixed-use developments that integrate commercial, residential, and recreational amenities. By prioritizing smart growth principles and environmental stewardship, the borough seeks to create a vibrant and livable community for residents and businesses alike. Collaborative Partnerships: Collaboration between the borough government, local businesses, educational institutions, and community organizations fosters a conducive environment for innovation, talent retention, and economic prosperity. By leveraging synergies and resources across various stakeholders, Downingtown can capitalize on emerging opportunities, address challenges, and cultivate a dynamic ecosystem conducive to sustainable development and economic resilience. In summary, the Borough of Downingtown is well-positioned for future development and economic success, supported by its strategic location, logistical advantages, proactive planning initiatives, and collaborative partnerships. By capitalizing on its strengths and embracing opportunities for innovation and growth, Downingtown can continue to thrive as a vibrant and competitive community in the region.
- Corner Lot
Nearby Major Retailers
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105 E Lancaster Ave
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