MSC is excited to present the opportunity to acquire 1604-1616 Lancaster Avenue, an
income-generating, fully occupied commercial property located in Paoli, Pennsylvania, located
on Lancaster Avenue in Philadelphia's Main Line, one of the most prestigious and affluent
submarkets in the region. This investment offers immediate and stable cash flow, anchored by
established tenants with long-term leases and built-in escalations.
The property is home to Van Cleve, a well-known bridal retailer that has operated at this
location for over 10 years, along with a complementary nail and hair salon, Something You
Beauty. Both tenants have lease terms through 2029, providing investors with secure, long-
term rental income. Additionally, the building's current owner will execute a sale-leaseback
at the close of escrow, signing a three-year lease, further ensuring full occupancy and steady
revenue for the purchaser.
The property is situated in a densely populated area of Lower Merion Township, where average
household incomes exceed $222,000 within a three-mile radius. This premier location benefits
from high visibility along Lancaster Avenue, proximity to some of the nation’s top schools, and
the scarcity of comparable commercial investment opportunities in this market.
With a solid tenant base, prime demographics, and a well-maintained brick structure, 1604-
1616 Lancaster Avenue represents a unique opportunity for investors seeking stable, long-term
cash flow in a robust, high-demand market. Its combination of location, tenant quality, and
market fundamentals makes this property an attractive investment.