245 Bridge St - Storefront Retail/Residential FOR SALE


Phoenixville, PA 19460
$2,999,999 USD
215-860-4200
245 Bridge St, Phoenixville, PA for Sale
$2,999,999 USD
Storefront Retail/Residential - FOR SALE
1/39
null | 7.22% Cap Rate

245 Bridge St
Phoenixville, PA 19460


HIGHLIGHTS

  • 10 unit mixed use property
  • Approvals for the construction of 16 additional residential units
  • Tremendous location in the heart of vibrant Phoenixville

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,999,999 USD

PRICE/SF

$330 USD /SF

CAP RATE

7.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

245-247 Bridge Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,214 SF

ZONING

CMX

APN/PARCEL ID

15-009-0133.0000,15-009-0134.0000,15-009-0135.0000,15-009-0136.0000

ASK ABOUT THIS PROPERTY

Ron IsgateKeller Williams Real EstateMore Info
215-860-4200

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Ron IsgateKeller Williams Real EstateMore Info
215-860-4200

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