Address
1221 West Chester Pike, West Chester, PA
Price
$ 1,450,000
Property Attributes
- MLS#PACT2063306
- TypeCommercial
- CountyCHESTER
- CityWest Chester
- AreaWest Goshen Twp
- Zip19382
- StyleApartment Building,Professional
- Year Built1939
- Taxes$ 9529
- Price$ 1,450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7200
- Lot Size1.1 Acres
Data Source:
Bright MLS
Property Description
Turn Key 8% Cap Investment! Terrific opportunity for an investor and/or end user seeking a Professional Class B Office Building in West Goshen Twp. Chester County, PA. Situated on Rt.3 with high visibility, traffic counts, and exposure. This property offers approximately 7000 +/- square feet of space on a sizable 1.1-acre lot with a 27-space parking lot. This building is Zoned C-4 Special Limited Business and Apartment District, which uniquely offers flexibility for various potential uses. See the attached zoning document. Buyer to independently verify zoning uses with the township. The property generates $144,0000 of gross rental income. The property has been updated and well-maintained.
| Price History | |
|---|---|
| 4/18/2024 | Listed $1,400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Possession | Immediate |
| Roof | Asphalt |
| Zoning | C-4 |
| Construction Materials | Vinyl Siding |
| Year Built | 1939 |
| Electric | 200+ Amp Service |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Apartment Building,Professional |
| Accessibility | None |
| County | CHESTER |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | Heading West on West Chester Pk.,the building is located on the right after Pica's Pizza,but before Nick's Roast Beef. |
| ModificationTimestamp | 2024-05-10T19:28:42 |
| City | WEST CHESTER |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Agent has Financial Interest |
| Zoning Description | C-4 - Special Limited Business and Apartment District |
| MLS Area | West Goshen Twp (10352) |
| Lot Size Square Feet | 47916.00 |
| Tax Assessed Value | 328730.0 |
| Waterfront Y/N | No |
| Street Name | WEST CHESTER |
| Tax Annual Amount | 9529.0 |
| Property Condition | Very Good |
| Price Per Sq Ft | 194.16 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Lease Considered Y/N | Yes |
| Vacation Rental Y/N | No |
| Days on Market | 24 |
| Location Type | Suburban |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 0037 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Flooring | Ceramic Tile,Hardwood,Carpet |
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | PIKE |
| Central Air Y/N | Yes |
| Total Restrooms | 4 |
Exterior Features
| Parking Features | Paved Parking,Private |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 27 |
| Type of Parking | Parking Lot |
| Land Use Code | C60 |
| Foundation Details | Block |
| Water View Y/N | No |
| Building Area Total | 7468.00 |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 1.10 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 196910.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | No |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 27 |
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 19382
Price
Taxes
Visits
Year Built
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