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    498 Nutt Rd Phoenixville, PA 19460

    For Sale
    $1,349,000

    Thriving Restaurant, Prime Location, High Income Area.

    Property size:
    7,429 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional turnkey restaurant opportunity is located at 498 Nutt Road, Unit 2, Phoenixville, PA. The property sits on a 0.36-acre lot at a high-traffic intersection, directly adjacent to a Walgreens, ensuring excellent visibility and accessibility. The building itself offers approximately 7,429 square feet of space. The main floor encompasses a fully operational restaurant with 46 interior seats and an additional 24 outdoor seats on a patio. All furniture, fixtures, and equipment are included in the sale price of $1,349,000, making this a truly seamless transition for a new owner. A significant advantage is the inclusion of a large walk-in cooler and freezer, essential for efficient restaurant operations. Furthermore, the third floor of the building generates passive rental income from a separate lease, adding to the overall investment potential. The property benefits from its location within a rapidly growing area, boasting a population of 96,000 people within a five-mile radius and average household incomes exceeding $138,000. This combination of a prime location, established business, and strong demographics presents a compelling investment opportunity in a thriving market. This turnkey operation is ready for immediate occupancy and continued success.

    Property Features for 498 Nutt Rd

    General Information

    Property type
    Retail properties
    Square Feet
    7,429 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pats Pizza & Bistro ... Restaurant LightOn Therapeutic Yoga ... School Katie S Tandon Counselor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenixville
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.52736
    Latitude
    40.12889

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    FAQs

    What type of property is this?
    Retail property - Thriving Restaurant, Prime Location, High Income Area.
    Where is this retail property located?
    The property is located at 498 Nutt Rd Phoenixville, PA.
    What is the asking price?
    The asking price for this property is $1,349,000.
    (610) 359-1100
    Request Owner's contact information
    498 Nutt Rd Phoenixville, PA 19460
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    Phoenixville, PA 19460
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    498 Nutt Rd Phoenixville, PA 19460
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