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$1,540,000
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Property Description
Center of West Chester Borough Retail "¢ 2,333 SF on Two Floors "¢ Seating for 50 (36 Inside + 14 Patio) "¢ All High Level Finishes "¢ Large Windows Overlooking Downtown "¢ Outdoor Seating Area "¢ Adjacent Parking Lot 61 Cars "¢ High Visibility Street Frontage and Signage "¢ Completely Renovated 2024 "¢ New Roof "¢ New HVAC "¢ New 500 Amp Electrical Service "¢ New Plumbing Throughout "¢ Fully Fit-Out QSR "¢ Seller Will Lease Back Under NNN Lease "¢ 7% Cap Rate "¢ Can Be Delivered Vacant at Sale
Full Property Details
Full Property Details for 16 E Gay St
General
- Price: $1,540,000
- Taxes: $6,564 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PACT2112944
- Updated: 3/6/2026
- Added to Site: 150 day(s) ago
Business
- Business Type: Professional
Parking
- Total Spaces: 61
- Parking Type: On Street, Parking Lot
Location
- Area: West Chester Boro (10301)
- Municipality: WEST CHESTER BORO
- County: CHESTER
- Driving Directions: 16 E. Gay Street West Chester PA 19380
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Other
- Heating Type: Hot Water
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Building Size: 2333
- Year Built: 1860
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,310
- Lot Size Source: Estimated
- Zoning: TC- TOWN CENTER
Financial Considerations
- Price Per Sq. Ft.: $660.09
- Assessment Year: 2025
- School Tax: $4,190
- City/TownTax: $1,449
- City/TownTax Freq: Annually
- County Tax: $925
- County Tax Freq: Annually
- Tax w/Assessment: $179,160
- Tax Amount: $6,564
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 127
Listed by Pillar Real Estate Advisors, Eric Kuhn
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Schools
Schools serving 16 E Gay St
School District:West Chester Area School District
| Name | Grades | Distance |
|---|---|---|
Fern Hill Elementary School 915 Lincoln Avenue, West Chester, PA 19380 | K-5 | 1.4 mi |
E N Peirce Middle School 1314 Burke Road, West Chester, PA 19380 | 6-8 | 2.7 mi |
West Chester Henderson High School 400 Montgomery Avenue, West Chester, PA 19380 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 E Gay St
Date
Details
Price
Change
Source
1/26/2026
Price Reduced
$1,540,000
-6.67%
MLS
12/11/2025
Price Increased
$1,650,000
3.12%
MLS
11/25/2025
Price Reduced
$1,600,000
-5.88%
MLS
11/04/2025
Listed
$1,700,000
41.67%
MLS
12/06/2024
Sold
$1,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16 E Gay St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,564
2%
$179,160
—
2025
$6,447
3%
$179,160
—
2024
$6,284
1%
$179,160
—
2023
$6,215
15%
$179,160
—
2022
$5,399
-8%
$179,160
—
2020
$5,841
-1%
$179,160
—
2020
$5,911
1%
$179,160
—
2019
$5,841
2%
$179,160
—
2018
$5,735
2%
$179,160
—
2017
$5,630
4%
$179,160
—
2016
$5,434
—
$179,160
—
2015
$5,434
2%
$179,160
—
2014
$5,338
—
$179,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16 E Gay St
16 E Gay Street, West Chester, PA 19380 (MLS# PACT2112944) is a Commercial Service property. 16 E Gay Street is currently listed for $1,540,000 and was received on November 04, 2025. Want to learn more about 16 E Gay Street? Do you have questions about finding other Commercial Service real estate for sale in West Chester? You can browse all West Chester real estate or contact a Coldwell Banker agent to request more information.

