Skip To Content

400 Bridge Street

PHOENIXVILLE, PA 19460
  • $4,750,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: PACT2011546
UPDATED: 28 min ago
$4,750,000
  • 0
    BEDS
  • 0.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

Phoenixville Investment Opportunity.+GG 400 Bridge Street Phoenixville PA Chester County.+GG The new cornerstone of Downtown Phoenixville is 400 Bridge Street.+GG 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.+GG This is a turn-key property, with a no expense spared rehabilitation over a 1 year period in 2020-21.+GG All major systems have been replaced with superior material that would ensure low maintenance and longevity.+GG COMMERCIAL +G- Mixed use two detached commercial buildings and two adjacent parking lots.+GG Major renovations made to property in 2021 +G- Main building 1st floor retail space occupied by La Patrona leased through November 2026 (with annual increases and lease extension option) .+GG Detached Stables Building occupied by Angry Jacks Axe Throwing; leased through March 2026 (with annual increases and extension option).+GG LIQUOR LICENSE INCLUDED WITH SALE +G- PA R-Liquor License RESTAURANT EQUIPMENT INCLUDED WITH SALE- All Restaurant Equipment and Fixtures are Included with sale.RESIDENTIAL +G- Nine (9), fully occupied, one bedroom apartments in main build- ing.+GG All units had a complete renovation in 2021.+GG Units feature new granite counter tops, stainless steel appliances, new bath- rooms, washer and dryer in each unit.+GG One off-street parking space per unit.+GG NEIGHBORHOOD +G- Prime location with new residential construction to be completed in the immediate area.+GG

Monthly Payment Calculator



©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 LoCoMusings | Century 21 Redwood Realty. 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: 2021-12-07T12:51:03.317.
www.locomusings.com/homes/123486470
Print Image

400 Bridge Street PHOENIXVILLE, PA 19460

  • Price: $4,750,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 28 min ago
  • ID#: PACT2011546
0
Beds
0
Baths
0
½ Baths
0.99
Acres
1900
Built
Neighborhood:
Phoenixville Boro (10315)
County:
Chester
Area:
Phoenixville Boro (10315)
School District:
Phoenixville Area
Property Description
Phoenixville Investment Opportunity.+GG 400 Bridge Street Phoenixville PA Chester County.+GG The new cornerstone of Downtown Phoenixville is 400 Bridge Street.+GG 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.+GG This is a turn-key property, with a no expense spared rehabilitation over a 1 year period in 2020-21.+GG All major systems have been replaced with superior material that would ensure low maintenance and longevity.+GG COMMERCIAL +G- Mixed use two detached commercial buildings and two adjacent parking lots.+GG Major renovations made to property in 2021 +G- Main building 1st floor retail space occupied by La Patrona leased through November 2026 (with annual increases and lease extension option) .+GG Detached Stables Building occupied by Angry Jacks Axe Throwing; leased through March 2026 (with annual increases and extension option).+GG LIQUOR LICENSE INCLUDED WITH SALE +G- PA R-Liquor License RESTAURANT EQUIPMENT INCLUDED WITH SALE- All Restaurant Equipment and Fixtures are Included with sale.RESIDENTIAL +G- Nine (9), fully occupied, one bedroom apartments in main build- ing.+GG All units had a complete renovation in 2021.+GG Units feature new granite counter tops, stainless steel appliances, new bath- rooms, washer and dryer in each unit.+GG One off-street parking space per unit.+GG NEIGHBORHOOD +G- Prime location with new residential construction to be completed in the immediate area.+GG
Exterior Features

Construction Materials BrickMasonryStone Garage YN No Location Type Business District Parking Features Paved Parking Parking Types Parking Lot Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 13084.00 Cooling Heat Pump(S)Ductless/Mini-SplitCentral A/C Heating Forced AirHeat Pump - Electric Backup Heating YN Yes Net Square Feet 13084.00 Security Features Fire Detection System

Property Features

Acceptable Financing CashConventionalNegotiableOther Accessibility Features Level Entry - Main Assessment Year 2021 Business Type Apartment BuildingRecreationRestaurant/Bar Central Air YN Yes Cooling Fuel Electric Elevators 0 Entry Level 1 Gross Income 310500.00 Heating Fuel ElectricNatural Gas Hot Water Natural Gas Internet Services Cable Municipality Phoenixville Boro Navigable Water YN N Net Operating Income 256082.00 New Construction YN No Number Of Units Total 11 Original MLSNumber 801205554208 Owner Pays Common Area MaintenanceInsuranceSewerTaxes - Real EstateWater Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 18510.00 Tax Assessment Amount 420000.00 Tax Lot 0356 Utilities Natural Gas AvailableElectric Available Vacation Rental YN No Water Source Public Zoning Tc

Listing courtesy of Re/Max Ready.


©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 LoCoMusings | Century 21 Redwood Realty. 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: 2021-12-07T12:51:03.317.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801205554208-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801205554208-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801205554208-2.jpg
Logo
LoCoMusings | Century 21 Redwood Realty
540 Fort Evans Road Suite 303
Leesburg VA, 20176