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139 E Chestnut St Coatesville, PA 19320

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For Sale
$5,800,000

68,805 SF renovated mixed-use building with 98% occupancy.

Property size:
68,805 SF

Property Features for 139 E Chestnut St

General Information

Size
68,805 SF

Building Details

Year built
1909

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Listing Contact
Kevin Wolfe
Source: Naiglobal

Listing Agent: Kevin Wolfe

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Renovated Mixed-Use Building in Coatesville

Located at 139 E Chestnut Street, 117 Lumber Street, and 117-125 E Chestnut St in Coatesville, PA, this renovated mixed-use building offers an investment opportunity. The 68,805 SF building features 43 commercial units and storage units in the basement. Situated in the Coatesville Opportunity Zone and Mix-Use Overlay District, just off of North 1st Ave, the property is zoned C-1. The 5-floor units have a 98% occupancy rate, presenting a cash-flowing asset with value-add potential. Recent renovations and fit-out in 2019 enhance its appeal. The property includes two freight elevators and one service elevator. Located on a full acre lot, it also contains parking and a value-add opportunity with a 3,500 SF warehouse. The location offers convenient access to major highways and public transportation. Nearby attractions include the National Iron and Steel Heritage Museum and the Coatesville Cultural Society. This stabilized investment with value-add potential is located in Chester County, an area with a rich history and diverse community.
Location Intelligence

Current Use by Public Records

Mixed-use properties

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
Coatesville
County
Chester
State
Pennsylvania
Longitude
-75.8236283
Latitude
39.9844233

FAQs

What type of property is this?
Mixed-use property - 68,805 SF renovated mixed-use building with 98% occupancy.
Where is this mixed-use property located?
The property is located at 139 E Chestnut St Coatesville, PA.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: - 98% occupancy rate provides strong cash flow.; - 68,805 SF building with 43 commercial units and storage units.; - Located in Coatesville Opportunity Zone and Mix-Use Overlay District.
More about this property
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