873 W Lancaster Ave, Devon, PA 19333

Property Description

Prime Mixed-Use Investment Opportunity on Lancaster Avenue in Devon! Positioned along Lancaster Avenue in the heart of Devon's highly desirable Main Line, this distinctive mixed-use property offers an exceptional opportunity for investors and business owners alike. Built in 1904 and extensively remodeled and updated, the property showcases remarkable craftsmanship and timeless architectural character, thoughtfully complemented by modern conveniences. The first-floor commercial space has been home to an established insurance agency for the past 13 years, demonstrating its suitability as a long-term professional business location. Soon to be delivered vacant, the space offers an excellent opportunity for an owner-occupant or investor seeking a new commercial tenant. The inviting layout features a spacious reception area currently accommodating two workstations, a large private office ideal for client meetings, a kitchenette, and multiple storage closets. Custom rugs, inlaid hardwood floors, and a professionally designed interior provide a turn key office space for the discerning professional. A ramp-accessible entrance, six parking spaces, charming front porch, and outdoor space set this property apart from so many others. Upstairs, a residential apartment provides an additional income stream, with a consistent rental history and long-term tenants currently paying below-market rent, offering potential for future income growth. With prominent Lancaster Avenue frontage, a prestigious Main Line address, a proven history of long-term occupancy, and multiple opportunities for income generation, this property represents a compelling investment in a sought-after location. Whether establishing your own business, securing a new commercial tenant, or expanding your real estate portfolio, the possibilities are worth exploring!