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$699,000 Just Listed
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Property Description
Fully occupied Commercial property of over 11,000 sf on 1.1 acre lot in Downingtown. On site parking lot that can accomodate 50 plus cars. Tenants include Beer Brewary, car service and landscaper.
Full Property Details
Full Property Details for 137 Wallace Ave
General
- Price: $699,000
- Taxes: $15,600 (2025)
- Status: Active
- Type: Warehouse
- Source: BrightMLSPhilly
- MLS ID: PACT2129812
- Updated: 7/2/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Auto Related, Manufacturing, Warehouse
Rooms
Bathrooms
- Restrooms: 4
Parking
- Total Spaces: 60
- Parking Type: Driveway, Parking Lot
Location
- Area: Downingtown Boro (10311)
- Municipality: DOWNINGTOWN BORO
- County: CHESTER
- Driving Directions: Use GPS. From Business Rt 30, N on Rt 282 (Wallace Ave). From Highway 30, S on Rt 282
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Frame, Metal Siding
- Drive-In Doors: 2
- Building Size: 11379
- Year Built: 1957
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 1.1
- Lot Size (Sq. Ft.): 47,916
- Lot Size Source: Assessor
- Zoning: M20 IND: LIGHT IND
Financial Considerations
- Price Per Sq. Ft.: $61.43
- Assessment Year: 2026
- School Tax: $10,887
- City/TownTax: $2,951
- City/TownTax Freq: Annually
- County Tax: $1,761
- County Tax Freq: Annually
- Tax w/Assessment: $341,180
- Tax Amount: $15,600
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All tenant equipmets and belongings
- Lot Number: 9.01
Listed by Hanco Real Estate LLC, Sang-Mook Ha
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Schools
Schools serving 137 Wallace Ave
School District:Downingtown Area School District
| Name | Grades | Distance |
|---|---|---|
East Ward El School 435 Washington Avenue, Downingtown, PA 19335 | K-5 | 0.4 mi |
Marsh Creek Sixth Grade Center 489 Dorlan Mill Road, Downingtown, PA 19335 | 6- | 3.1 mi |
Downington Middle School 115 Rock Raymond Road, Downingtown, PA 19335 | 7-8 | 0.8 mi |
Downingtown High School West Campus 445 Manor Avenue, Downingtown, PA 19335 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 137 Wallace Ave
Date
Details
Price
Change
Source
7/02/2026
Listed
$699,000
27.09%
MLS
9/19/2006
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 137 Wallace Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,560
-90%
$341,180
—
2025
$15,191
7%
$341,180
—
2024
$14,247
2%
$341,180
—
2023
$13,906
2%
$341,180
—
2022
$13,622
2%
$341,180
—
2020
$13,375
—
$341,180
—
2019
$13,375
—
$341,180
—
2018
$13,375
—
$341,180
—
2017
$13,375
3%
$341,180
—
2016
$12,997
-2%
$341,180
—
2015
$13,304
—
$341,180
—
2014
$13,304
—
$341,180
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 137 Wallace Ave
137 Wallace Avenue, Downingtown, PA 19335 (MLS# PACT2129812) is a Warehouse property. 137 Wallace Avenue is currently listed for $699,000 and was received on July 02, 2026. Want to learn more about 137 Wallace Avenue? Do you have questions about finding other Warehouse real estate for sale in Downingtown? You can browse all Downingtown real estate or contact a Coldwell Banker agent to request more information.

