713-715 E Lincoln Hwy - Restaurant FOR SALE


Coatesville, PA 19320
$990,000 USD
610-269-8000
713-715 E Lincoln Hwy, Coatesville, PA for Sale
$990,000 USD
Restaurant - FOR SALE
1/1
null | Request Cap Rate

713-715 E Lincoln Hwy
Coatesville, PA 19320


OVERVIEW

Please gave 6 hour prior notice to show property so tenants could be aware of showings. Newly Renovated Restaurants with long term leases. Fully operational and beautifully maintained located in a high-traffic area with strong local demand. Favorable leases- Restaurant A: Currently generating $3,000/month Restaurant B: Currently generating $4,000/month Total Monthly Income: $7,000 Annual Income (2025): $84,000 Projected Increase: Starting next year, both restaurants are expected to increase their monthly contributions by $1,000 each: Restaurant A (2026): $4,000/month Restaurant B (2026): $5,000/month Total Monthly Income (2026): $9,000 Annual Income (2026): $108,000 Both restaurants are NNN leases. Owner has responsibility to pay Yearly Tax and Property Insurance. Every other expense- Like- Utilities, Sewer/Water, Cable TV, Trash is paid by tenants. This property comes with a rare bonus - a large private parking lot offering nearly 30 spaces, perfect for attracting steady customer traffic. With its prime Diamond Street location, buyers also have the exciting opportunity to expand and build a new store, unlocking even greater income potential.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

16-006-0279.0000

ASK ABOUT THIS PROPERTY

Melissa RoopNew Precision RealtyMore Info
610-269-8000

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Melissa RoopNew Precision RealtyMore Info
610-269-8000

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