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$2,500,000
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Property Description
SALE: $2,500,000 Introducing a once-in-a-lifetime opportunity to acquire 220 W. Gay Street, an iconic and historic building located in the heart of West Chester. This trophy property, situated in the vibrant downtown area, offers a rare chance to transform a classic West Chester structure into a standout development. With its prime location surrounded by upscale shops, restaurants, and cultural landmarks, the property exudes historic charm and architectural character, making it perfect for an adaptive reuse project. The possibilities for this property are limitless. Whether you are looking to develop a prestigious Class A office space, create exquisite multifamily residences, or craft a unique private residence, 220 W. Gay Street presents unparalleled potential. Its central location and historic appeal make it an ideal candidate for a Class A office space, attracting professional tenants seeking sophistication and convenience in West Chester's bustling borough. Alternatively, developers can seize the opportunity to build luxury multifamily units, offering tenants modern amenities within a charming historic setting. For the visionary, this property offers the chance to create an award winning program-one that blends exclusivity and luxury with deep ties to West Chester's rich history. Properties like this rarely come to market, making 220 W. Gay Street a unique investment opportunity. Whether you are an investor, developer, or someone with a dream to build a one-of-a-kind home, this property is your canvas for innovation and legacy in one of West Chester's most desirable locations. Don't miss this extraordinary chance to create something truly special.
Full Property Details
Full Property Details for 220 W Gay St
General
- Sold For: $2,500,000
- Taxes: $14,872 (2024)
- Status: Closed
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: PACT2075580
- Added to Site: 547 day(s) ago
Business
- Business Type: Professional
Parking
- Total Spaces: 7
- Parking Type: On Street, Parking Lot
Location
- Area: West Chester Boro (10301)
- Municipality: WEST CHESTER BORO
- County: Chester
- Driving Directions: Turn on Gay Street. Property on left side directly in front of Saint Agnes Parish
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Stories/Levels: 0
- Year Built: 2025
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,613
- Lot Size Source: Estimated
- Zoning: TOWN CENTER
Financial Considerations
- Price Per Sq. Ft.: $216.11
- Assessment Year: 2024
- School Tax: $9,513
- City/TownTax: $3,430
- City/TownTax Freq: Annually
- Tax w/Assessment: $424,000
- Tax Amount: $14,872
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed and Sold by Pillar Real Estate Advisors, Charles J Walsh
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Schools
Schools serving 220 W Gay St
School District:West Chester Area School District
| Name | Grades | Distance |
|---|---|---|
Sarah W Starkweather El School 1050 Wilmington Pike, West Chester, PA 19382 | K-5 | 2.2 mi |
Stetson Middle School 1060 Wilmington Pike, West Chester, PA 19382 | 6-8 | 2.4 mi |
West Chester Bayard Rustin High School 1100 Shiloh Road, West Chester, PA 19382 | 9-12 | 3.3 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 220 W Gay St
Date
Details
Price
Change
Source
12/19/2024
Sold
$2,500,000
—
MLS
10/04/2024
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
220 W Gay Street, West Chester, PA 19380 (MLS# PACT2075580) is a Commercial property that was sold at $2,500,000 on December 19, 2024. Want to learn more about 220 W Gay Street? Do you have questions about finding other Commercial 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.

