Address
119 S Main Street Phoenixville, PA
Price
$ 1,100,000
Property Attributes
  • MLS#PACT525962
  • TypeCommercial
  • CountyCHESTER
  • CityPhoenixville
  • AreaPhoenixville Boro
  • Zip19460
  • StyleApartment Building,Banquet Facility/Lodge,Flex,/Ge
  • Year Built1913
  • Taxes11647
  • Price$ 1,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11200
  • Lot Size7,841 SqFt
Listing Provided Courtesy Of:
Keller Williams Philly
Data Source:
Bright MLS
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.

Price History
12/8/2020 Listed $1,100,000

General Features

Accessibility None
Business Type Apartment Building, Banquet Facility/Lodge, Flex, Other/General Retail, Professional, Religious Facility, Restaurant/Bar, School, Supermarket/Grocery Store, Other
Construction Materials Brick, Block
Cool Fuel Electric
Cooling Central A/C
County CHESTER
Days on Market 128
Heating Hot Water
MLS Area Phoenixville Boro (10315)
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 95.16
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Public Sewer
Tax Annual Amount 11647.0
Tax Lot 0433
Tax Year 2021
Vacation Rental Y/N No
Water Access Y/N No
Zoning TOWN CENTER

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Total Restrooms 5

Exterior Features

Building Area Total 11560.00
Car Parking Spaces 7
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.18
Lot Size Source Assessor
Lot Size Square Feet 7717.00
Navigable Water Y/N No
Total Parking Spaces 7
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19460

Price
AVG $670K
$1.1M
Taxes
AVG $12,121
$11,647
Visits
AVG 70
49
Year Built
AVG 1930
1913
Walkscore
AVG 54
84
Data Provided by Walkscore ® not using MLS data

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