139 E Chestnut St - Loft/Creative Space FOR SALE


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

139 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. Zoned C-1 and featuring a remarkable 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. A beautiful 68,805 sf fully leased mixed use building just off of 1st Ave in Coatesville, PA. The full acre lot contains parking and a value add opportunity with a 3,500 sf warehouse as well. Uncover the investment potential of Coatesville, PA, a dynamic location home to a stabilized investment with a value add potential. Situated in Chester County, this area boasts a rich history and a diverse community, making it an attractive prospect for investors seeking strategic opportunities. The property offers convenient access to major highways and public transportation, positioning it as a desirable choice for businesses. Surrounding attractions, including the National Iron and Steel Heritage Museum and the Coatesville Cultural Society, highlight the town's heritage and cultural richness, promising a compelling draw for investors. With the area's burgeoning commercial activity and ongoing revitalization efforts, Coatesville presents an enticing opportunity for investors seeking a promising office building venture. Visit naikeystone.com for accurate listing info.

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

Request Cap Rate

% 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 Policy.