117 E Chestnut St - Loft/Creative Space FOR SALE


Coatesville, PA 19320
$5,800,000 USD
717-951-4127
117 E Chestnut St, Coatesville, PA for Sale
$5,800,000 USD
Loft/Creative Space - FOR SALE
1/2
null | 7.54% Cap Rate

117 E Chestnut St
Coatesville, PA 19320


HIGHLIGHTS

  • 43 units + storage units on lower level
  • Fully renovated
  • 2 freight elevators
  • Located just off of North 1st Ave in Coatesville
  • 98% occupied with value add potential
  • 68,805 SF building built in 1909

OVERVIEW

Discover an exceptional investment opportunity with this prime property at 139 E Chestnut Street, 117 Lumber Street, and 117-125 E Chestnut St, Coatesville, PA. Boasting a 68,805 SF building, 43 units, as well as storage units in the basement, this renovated gem offers an appealing mix use investment opportunity for any investor or owner user. The site is located in the Coatesville Opportunity Zone. The property is zoned C-1 and lies in the Mix-Use Overlay District. Midway Arts is hosts a 98% occupancy rate for the 5 floor units, this property presents a strong cash flowing asset with value add potential. The recent renovations and fit out further enhances its allure, making it a standout choice for investors seeking a turnkey, high-performing asset. Don't miss out on this extraordinary investment opportunity in the heart of Coatesville. Visit naikeystone.com for accurate listing info.

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

7.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midway Arts

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,438 SF

ZONING

C1

APN/PARCEL ID

16-005-0031.0000,16-005-0032.0000,16-005-0033.0000,16-005-0034.0000,16-005-0035.0000,16-005-0036.0100

ASK ABOUT THIS PROPERTY

Kevin WolfeNAI Keystone Commercial & Industrial LLCMore Info
717-951-4127

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Kevin WolfeNAI Keystone Commercial & Industrial LLCMore Info
717-951-4127

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.