Address
400 Bridge Street Phoenixville, PA
Price
$ 4,750,000
Property Attributes
  • MLS#PACT2011546
  • TypeCommercial
  • CountyCHESTER
  • CityPhoenixville
  • AreaPhoenixville Boro
  • Zip19460
  • StyleApartment Building,Recreation,Restaurant/Bar
  • Year Built1900
  • Taxes$ 18510
  • Price$ 4,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13084
  • Lot Size0.99 Acres
Listing Provided Courtesy Of:
RE/MAX Ready
Data Source:
Bright MLS - 382 - MD
Property Description

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 History
11/22/2021 Listed $4,750,000

General Features

Acceptable Financing Cash, Conventional, Negotiable, Other
Accessibility Level Entry - Main
Business Type Apartment Building, Recreation, Restaurant/Bar
Construction Materials Brick, Masonry, Stone
Cool Fuel Electric
Cooling Heat Pump(s), Ductless/Mini-Split, Central A/C
County CHESTER
Days on Market 15
Heating Forced Air, Heat Pump - Electric BackUp
Location Type Business District
Lot Size Square Feet 43210.00
MLS Area Phoenixville Boro (10315)
Municipality PHOENIXVILLE BORO
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 363.04
Property SubType Mixed Use
Property Type Commercial Sale
Property Use Investment
PropertyCondition Excellent
Security Features Fire Detection System
Sewer Public Sewer
Tax Annual Amount 18510.0
Tax Lot 0356
Tax Year 2021
Total Units 11
Utilities Natural Gas Available, Electric Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning TC

Interior Features

Central Air Y/N Yes
Entry Level 1
Heating Fuel Electric, Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 13084.00
Car Parking Spaces 35
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.99
Lot Size Source Assessor
Navigable Water Y/N No
Parking Features Paved Parking
Total Parking Spaces 37
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
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19460

Price
AVG $400K
$4.75M
Taxes
AVG $36,024
$18,510
Visits
AVG 83
10
Year Built
AVG 1910
1900

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.