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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!

Highlights

  • Commercial Sale
  • Mixed Use
  • Built in 1904
  • 0.21 Acre Lot
  • 6 days on Market

  • Year Built
    1904
  • Construction Materials
    Frame
  • Parking Features
    Parking Lot
  • Appliances
    Gas Water Heater
  • Cooling
    Central Air, Electric
  • Heating
    Forced Air, Natural Gas

  • Acres
    0.21
  • Water
    Public

  • Area
    Tredyffrin Twp (10343)
  • County
    Chester
  • City
    Devon
  • Zip Code
    19333

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Frequently Asked Questions

How do I schedule a tour of 873 W Lancaster Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 873 W Lancaster Ave.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 873 W Lancaster Ave?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $900,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Devon, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 873 W Lancaster Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 873 W Lancaster Ave at around $5,909. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 873 W Lancaster Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Chester County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 873 W Lancaster Ave?

In most cases, yes. Whether 873 W Lancaster Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Devon's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 873 W Lancaster Ave?

We can handle that for you. Our preferred local agent specializes in commercial sales in Devon and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

873 W Lancaster Ave was listed on November 01, 2026, which means it's been on the market for 6 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1904, making it approximately 122 years old.

What is the lot size of this property?

873 W Lancaster Ave sits on a 0.21-acre lot, which is 9,148 square feet.

What are the property taxes for 873 W Lancaster Ave?

The most recent public record shows annual property taxes for 873 W Lancaster Ave were approximately $12,346. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 873 W Lancaster Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: November 07, 2026 at 03:53AM | Source: Bright | MLS#: PACT2139114