264 Walnut St - Apartments FOR SALE


Phoenixville, PA 19460
$1,350,000 USD
917-526-2982
264 Walnut St, Phoenixville, PA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/40
null | 6.49% Cap Rate

264 Walnut St
Phoenixville, PA 19460


HIGHLIGHTS

  • 264 Walnut Street is a seven-unit building with two commercial units and three residential units.
  • The property is a corner brick building with updated stucco work and several renovated units.
  • The fourth floor is vacant and in shell condition, presenting future upside with possible expansion or addition of units.
  • Just four short blocks from Bridge Street, a major retail corridor.

OVERVIEW

264 Walnut is a standalone corner brick mixed-use building that’s a short four blocks away from Bridge Street’s retail corridor. The building consists of two commercial units and five residential units. The residential unit mix is currently three two-bedroom units and two one-bedroom units. While several units have been renovated, three units remain in original condition, and the entire fourth floor presents significant upside potential to possibly add units, increase amenity space, or expand the third floor. Please see the listing brochure to view the virtual walkthrough tours.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

7

PRICE/UNIT

$192,857

CAP RATE

6.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

RI Zone

APN/PARCEL ID

15-009-0603.0000

ASK ABOUT THIS PROPERTY

Jason TrembickiKW CommercialMore Info
917-526-2982

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Jason TrembickiKW CommercialMore Info
917-526-2982

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