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119 S Main Street

PHOENIXVILLE, PA 19460
  • $1,100,000
  • STATUS: Active
  • ON SITE: 233 days
  • ID#: PACT525962
UPDATED: 43 min ago
$1,100,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1913
County:

School Information

High School:
School District:

Description

is proud to present the investment sale of a charming two-story mixed-use corner property in Phoenixville, PA. This 11,500 SF property currently houses a ground floor restaurant with an existing 3-year lease, office availability on the second floor, and an additional basement area previously occupied by a well-established private bar. The prospective purchaser can continue with the current use or potentially reimagine the property to accommodate residential rental units. The Phoenixville area has had recent developments in multifamily, senior housing, and other residential needs that show proof of concept and the growing need in the area. The site is serviced by public water, gas, sewer, and electricity. The property is located in the heart of downtown with fantastic visibility while being located within a short walk to the bustling Bridge Street which is the main drag of Phoenixville. With such close proximity to bars, restaurants, and entertainment, the site makes for a perfect infill development opportunity. For commuters with a car, the property is 9 miles away from King of Prussia with great arterial access to all parts of the Philadelphia regions surrounding suburbs. Over the last decade, Phoenixville has seen a massive resurgence due to its convenient transit-oriented location, surrounding employment opportunities, and the growth of its nightlife, entertainment, and restaurant industry. Phoenixville is ideal for millennials and young professionals as it has one of the highest area median income growths in the region. The continued new construction of apartment projects is a testament to the growing demand for density to keep up with population growth.

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©2021 Bright MLS, All Rights Reserved. IDX information is 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-30T07:53:26.613.
www.lisasellsdelaware.com/homes/112472123
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119 S Main Street PHOENIXVILLE, PA 19460

  • Price: $1,100,000
  • Status: Active
  • Updated: 43 min ago
  • ID#: PACT525962
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1913
Built
Neighborhood:
Phoenixville Boro (10315)
County:
Chester
Area:
Phoenixville Boro (10315)
High School:
Phoenixville Area
School District:
Phoenixville Area
Property Description
is proud to present the investment sale of a charming two-story mixed-use corner property in Phoenixville, PA. This 11,500 SF property currently houses a ground floor restaurant with an existing 3-year lease, office availability on the second floor, and an additional basement area previously occupied by a well-established private bar. The prospective purchaser can continue with the current use or potentially reimagine the property to accommodate residential rental units. The Phoenixville area has had recent developments in multifamily, senior housing, and other residential needs that show proof of concept and the growing need in the area. The site is serviced by public water, gas, sewer, and electricity. The property is located in the heart of downtown with fantastic visibility while being located within a short walk to the bustling Bridge Street which is the main drag of Phoenixville. With such close proximity to bars, restaurants, and entertainment, the site makes for a perfect infill development opportunity. For commuters with a car, the property is 9 miles away from King of Prussia with great arterial access to all parts of the Philadelphia regions surrounding suburbs. Over the last decade, Phoenixville has seen a massive resurgence due to its convenient transit-oriented location, surrounding employment opportunities, and the growth of its nightlife, entertainment, and restaurant industry. Phoenixville is ideal for millennials and young professionals as it has one of the highest area median income growths in the region. The continued new construction of apartment projects is a testament to the growing demand for density to keep up with population growth.
Exterior Features

Construction Materials BrickBlock Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 11560.00 Cooling Central A/C Heating Hot Water Heating YN Yes Net Square Feet 11200.00

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Business Type Apartment BuildingBanquet Facility/LodgeFlexOther/General RetailProfessionalReligious FacilityRestaurant/BarSchoolSupermarket/Grocery StoreOther Central Air YN Yes Cooling Fuel Electric Gross Income 42000.00 Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN Yes Municipality Phoenixville Boro Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304418691181 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 11647.00 Tax Assessment Amount 267300.00 Tax Lot 0433 Vacation Rental YN No Water Source Public Zoning Town Center

Listing courtesy of Keller Williams Philly.


©2021 Bright MLS, All Rights Reserved. IDX information is 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-30T07:53:26.613.
 
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