FOR SALE — PRIME MIXED-USE INVESTMENT WITH APPROVALS
245–249 Bridge Street, Phoenixville, PA
A rare opportunity to acquire a fully stabilized mixed-use property in the heart of Phoenixville’s thriving downtown corridor — with approvals in hand to add 16 new residential units.
This offering includes three contiguous buildings comprising:
6 fully leased residential units
4 well-maintained mixed-use units
Strong rental history with consistently full occupancy
What truly differentiates this asset is its development upside. Current ownership has already secured by-right approvals for the construction of 16 additional residential units, allowing a future total of 26 units on site. All necessary professionals are already engaged, and the next owner simply needs to complete renderings and final plans for municipal sign-off.
Highlights:
Trophy location on Bridge Street in downtown Phoenixville
Stable, well-maintained 10-unit mixed-use income property
By-right approvals for 16 additional residential units
Design team and consultants already in place
Ideal value-add and long-term hold opportunity in one of the region’s fastest-growing walkable districts
Perfect for investors, developers, or owner-operators seeking scalable mixed-use assets with built-in upside.