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$4,249,000
400 Bridge St, Phoenixville, PA 19460
0 Beds
0 Baths
n/a SqFt

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Listing Provided By RE/MAX Ready
Phoenixville Investment Opportunity. 400 Bridge Street Phoenixville PA Chester County. The new cornerstone of Downtown Phoenixville is 400 Bridge Street. The west end of Bridge Street will be rapidly developed over the next few years with over 900 residential units added just a few blocks away. This is a turn-key property, with a no expense spared rehabilitation over a 1 year period in 2020-21. All major systems have been replaced with superior material that would ensure low maintenance and longevity. COMMERCIAL Mixed use two detached commercial buildings and two adjacent parking lots. Major renovations made to property in 2021 Main building 1st floor retail space occupied by La Patrona leased through November 2026 (with annual increases and lease extension option) . Detached Stables Building occupied by Angry Jacks Axe Throwing; leased through March 2026 (with annual increases and extension option). LIQUOR LICENSE INCLUDED WITH SALE PA R-Liquor License RESTAURANT EQUIPMENT INCLUDED WITH SALE- All Restaurant Equipment and Fixtures are Included with sale. RESIDENTIAL Nine (9), fully occupied, one bedroom apartments in main build- ing. All units had a complete renovation in 2021. Units feature new granite counter tops, stainless steel appliances, new bath- rooms, washer and dryer in each unit. One off-street parking space per unit. NEIGHBORHOOD Prime location with new residential construction to be completed in the immediate area.
  • Price:
  • $4,249,000
  • Acreage:
  • 0.99
  • Year Built:
  • 1900
  • Listing ID #:
  • PACT2011546
  • Street Address:
  • 400 Bridge St
  • City:
  • Phoenixville
  • State:
  • Pennsylvania
  • Postal Code:
  • 19460
  • County:
  • Chester
  • Community:
  • Phoenixville Boro (10315)
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
School District: Phoenixville Area
  • Building Condition:
  • Excellent
  • Building Security:
  • Fire Detection System
  • Ease Of Access:
  • Level Entry - Main
  • Number Of Units:
  • 11
  • Year Built:
  • 1900
  • Year Built Source:
  • Assessor
  • Gross Income:
  • 321000.00
  • Net Operating Income:
  • 265365.00
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Tc
  • Lot Description:
  • 0.00 X 0.00
  • Lot Square Footage:
  • 43210.00
  • Days On Market:
  • 440
  • On Market Date:
  • 2021-11-22
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Terms:
  • Cash, Conventional, Negotiable, Other
  • Location Description:
  • Business District
  • Tax Municipality:
  • Phoenixville Boro
  • City Taxes:
  • 3274.00
  • County Taxes:
  • 2033.00
  • Owner Pays:
  • Common Area Maintenance, Insurance, Sewer, Taxes - Real Estate, Water
  • Price Per Square Foot:
  • 324.75
  • Property Taxes:
  • $19,883
  • Tax Year:
  • 2022
  • Parking Description:
  • Paved Parking
  • Parking Spaces:
  • 37
  • Parking Type:
  • Parking Lot
  • Cooling Fuel:
  • Electric
  • Cooling System:
  • Heat Pump(s), Ductless/Mini-Split, Central A/C
  • Existing Water:
  • Public
  • Heating:
  • Forced Air, Heat Pump - Electric Backup
  • Heating Fuel:
  • Electric, Natural Gas
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Natural Gas Available, Electric Available
  • Water Heater:
  • Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By RE/MAX Ready
  • © 2023 BRIGHT, All Rights Reserved BRIGHT

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