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$4,249,000

  • Sold
  • Closed
  • Business
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Phoenixville Investment Opportunity.​ 400 Bridge Street Phoenixville PA Chester County.​ The new cornerstone of Downtown Phoenixville is 400 Bridge Street.​ The west end of Bridge Street will be rapidly developed over the next few years with over 900 residential units added just a few blocks away.​ This is a turn-key property, with a no expense spared rehabilitation over a 1 year period in 2020-21.​ All major systems have been replaced with superior material that would ensure low maintenance and longevity.​ COMMERCIAL Mixed use two detached commercial buildings and two adjacent parking lots.​ Major renovations made to property in 2021 Main building 1st floor retail space occupied by La Patrona leased through November 2026 (with annual increases and lease extension option) .​ Detached Stables Building occupied by Angry Jacks Axe Throwing; leased through March 2026 (with annual increases and extension option).​ LIQUOR LICENSE INCLUDED WITH SALE PA R-Liquor License RESTAURANT EQUIPMENT INCLUDED WITH SALE- All Restaurant Equipment and Fixtures are Included with sale. RESIDENTIAL Nine (9), fully occupied, one bedroom apartments in main build- ing.​ All units had a complete renovation in 2021.​ Units feature new granite counter tops, stainless steel appliances, new bath- rooms, washer and dryer in each unit.​ One off-street parking space per unit.​ NEIGHBORHOOD Prime location with new residential construction to be completed in the immediate area.​

Full Property Details for 400 Bridge St

General

  • Sold For: $4,249,000
  • Taxes: $20,044 (2023)
  • Status: Closed
  • Type: Business
  • Source: BrightMLSPhilly
  • MLS ID: PACT2011546
  • Added to Site: 1, 521 day(s) ago

Business

  • Business Type: Apartment Building, Recreation, Restaurant/Bar

Additional Information

  • Security/Safety: Fire Detection System

Parking

  • Total Spaces: 37
  • Parking Features: Paved Parking
  • Parking Type: Parking Lot

Location

  • Area: Phoenixville Boro (10315)
  • Municipality: PHOENIXVILLE BORO
  • County: Chester
  • Driving Directions: GPS 400 Bridge Street Phoenixville
  • Location Details: Business District

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Heat Pump(s), Ductless/Mini-Split, Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric BackUp
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Available, Electric Available

Structural Information

  • Construction: Brick, Masonry, Stone
  • Entry Floor Number: 1
  • Stories/Levels: 3
  • Year Built: 1900
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7, Unit 9, Unit 10

Unit 1

  • Unit Description: Unit 1

Unit 2

  • Unit Description: Unit 9

Unit 3

  • Unit Description: Unit 10

Unit 4

  • Unit Description: Unit 1

Unit 5

  • Unit Description: Unit 2

Unit 6

  • Unit Description: Unit 3

Unit 7

  • Unit Description: Unit 4

Unit 8

  • Unit Description: Unit 5

Unit 9

  • Unit Description: Unit 6

Lot Features

  • Lot Size (Acres): 0.99
  • Lot Size (Sq. Ft.): 43,210
  • Lot Size Source: Assessor
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: TC

Financial Considerations

  • Price Per Sq. Ft.: $324.75
  • Assessment Year: 2023
  • School Tax: $14,577
  • City/TownTax: $3,434
  • City/TownTax Freq: Annually
  • County Tax: $2,033
  • County Tax Freq: Annually
  • Tax w/Assessment: $446,610
  • Tax Amount: $20,044
  • Tax Year: 2023
  • Owner Pays: Common Area Maintenance, Insurance, Sewer, Taxes - Real Estate, Water
  • Landlord Pays: Common Area Maintenance, Insurance, Sewer, Taxes - Real Estate, Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
  • Lot Number: 356

Listed by RE/MAX Ready, Sean D Maloney
Sold by Realty Mark Associates - KOP, Boris Grimberg

Listing agent

— 400 Bridge St —

  • Sean D Maloney

    RE/MAX Ready

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 400 Bridge St

School District:Phoenixville Area School District
NameGradesDistance
Barkley El School
320 2nd Avenue, Phoenixville, PA 19460
2-50.4 mi
Phoenixville Area Middle School
1000 Purple Pride Parkway, Phoenixville, PA 19460
6-80.8 mi
Phoenixville Area High School
1200 Gay Street, Phoenixville, PA 19460
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 400 Bridge St

Date
Details
Price
Change
Source
9/06/2023
Sold
$4,249,000
—
MLS
8/01/2022
Price Reduced
$4,249,000
-4.5%
MLS
2/21/2022
Price Reduced
$4,449,000
-6.34%
MLS
11/22/2021
Listed
$4,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Ready, Sean D Maloney
Sold by Realty Mark Associates - KOP, Boris Grimberg

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400 Bridge Street, Phoenixville, PA 19460 (MLS# PACT2011546) is a Business property that was sold at $4,249,000 on September 06, 2023. Want to learn more about 400 Bridge Street? Do you have questions about finding other Business real estate for sale in Phoenixville? You can browse all Phoenixville real estate or contact a Coldwell Banker agent to request more information.