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123 E Lancaster Ave 6,048 SF 100% Leased Retail Building Paoli, PA 19301 $1,235,691 CAD ($204.31 CAD/SF) 7.30% Cap Rate
Executive Summary
123–125 E. Lancaster Avenue is a six-unit mixed-use building in the heart of Paoli's Lancaster Avenue corridor — steps from the SEPTA/Amtrak station on the Main Line. The property
includes two commercial spaces and four residential apartments across three stories plus a lower level. The anchor commercial tenant, iBeach Club, holds a lease through July 2031,
providing exceptional long-term income certainty. The lower-level commercial tenant has been in place since 2017. All four residential apartments are leased with staggered expirations
through early 2027. New roof 2021. Zoned Town Center District (TCD) — northwest corner with strong visibility, proximity to Paoli Hospital, SEPTA/Amtrak, and the surrounding retail
corridor. All financials verified with actual 2026 tax bills and 12 months of Homestead Property Management statements.
includes two commercial spaces and four residential apartments across three stories plus a lower level. The anchor commercial tenant, iBeach Club, holds a lease through July 2031,
providing exceptional long-term income certainty. The lower-level commercial tenant has been in place since 2017. All four residential apartments are leased with staggered expirations
through early 2027. New roof 2021. Zoned Town Center District (TCD) — northwest corner with strong visibility, proximity to Paoli Hospital, SEPTA/Amtrak, and the surrounding retail
corridor. All financials verified with actual 2026 tax bills and 12 months of Homestead Property Management statements.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,048 SF
Building Class
B
Year Built/Renovated
1900/2021
Price
$1,235,691 CAD
Price Per SF
$204.31 CAD
Cap Rate
7.30%
NOI
$90,205 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.93
Lot Size
0.15 AC
Zoning
TCD - Town Center District
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 43-09M-0114.0000 | Improvements Assessment | $251,819 CAD |
| Land Assessment | $126,648 CAD | Total Assessment | $378,467 CAD |
Property Taxes
Parcel Number
43-09M-0114.0000
Land Assessment
$126,648 CAD
Improvements Assessment
$251,819 CAD
Total Assessment
$378,467 CAD
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123 E Lancaster Ave
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