132-134 E Lancaster Ave

PRICE REDUCTION! $695,000 - $649,000
Mixed Use Property
First floor will be delivered VACANT.
Ideal for an OWNER / USER of One or Both First Floor Spaces
Fully renovated & leased 3-bedroom apartment leased at: $2,150 per month
4 parking spaces in the rear of the property
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.