Corner Restaurant
For Sale
$1,850,000
143 Lincoln Hwy E, Coatesville, PA 19320
For-sale restaurant property positioned on a corner lot with convenient access from the Rt 30 Bypass exit route.
Property Size17,000 SF
Price / SF$108.82
Days on Market176
Property Features for 143 Lincoln Hwy E
General Information
Standard status
Active
Size
17,000 SF
Total Parking Spaces
12
Zoning
CENTRAL BUSINESS DISTRICT
Taxes and HOA fees
Annual Taxes
$21,917
Amenities
Central Air
Forced Air, Electric
Electric Water Heater
On Street
Building Details
Building Size
17,000 SF
Year Built
1888
Listing Agency:
Lexington Real Estate Partners LLC
Listed By:
Matthew Bates
(610) 241-0212
Source:
Evrealestate
Added: Mar 16
Changed: Sep 6
Last Checked: Sep 7 at 6:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lexington Real Estate Partners LLC
Investment Insights
Based on property information with market context.
This for-sale restaurant property is located on a corner, offering a straightforward site configuration for retail-style visibility and customer access. The listing is classified for restaurant use, with the property positioned to serve passerby traffic from the surrounding road network.
From Rt 30 Bypass, take the Coatesville exit and proceed south to business 30, where the property is situated on the corner. Chester County is the jurisdiction for this offering.
While additional interior details, square footage, and specific improvements are not provided, the corner location is the primary physical characteristic highlighted in the listing information.
From Rt 30 Bypass, take the Coatesville exit and proceed south to business 30, where the property is situated on the corner. Chester County is the jurisdiction for this offering.
While additional interior details, square footage, and specific improvements are not provided, the corner location is the primary physical characteristic highlighted in the listing information.
Key Highlights
- For‑sale restaurant property on a corner lot
- Directions: Take Rt 30 Bypass to the Coatesville Exit; proceed south to business 30
- Year built: 1888
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$167,869
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,357,380
$3.4M
Cap Rate 7%
$2,398,129
$2.4M
Cap Rate 9%
$1,865,211
$1.9M
Market Conditions
NOI Build-Up for 17,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$242.8K $14.28/SF
− Vacancy
−$18.9K −$1.11/SF
EGI
$223.8K $13.17/SF
− OpEx
−$56.0K −$3.29/SF
NOI
$167.9K $9.87/SF
Area
Chester County, PA
Vacancy
7.80%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,357,380
Cap Rate 7%
$2,398,129
Cap Rate 9%
$1,865,211
Alternative Uses
Best Use
Specialty Retail
$2.40M
$2.10M – $2.80M
NOI $167,869 @ 7.0% cap · market cap 9.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.15M
$4.51M – $6.01M
NOI $360,796 @ 7.0% cap · market cap 19.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 67%
Electronics 21%
Shops & Services 12%
C-Town Supermarkets
Groceries
5,833 visits/mo
0.5 miles
Cricket Wireless Authorized Retailer
Electronics
1,350 visits/mo
0.4 miles
Coatesville Community Market Deli
Shops & Services
1,043 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
502 visits/mo
0.5 miles
Demographics for 19320, PA
54,149
Population
21,199
Households
2.6
Avg Household Size
41
Median Age
31%
College-Educated
91%
High-School Grad
81.6 sq mi
ZIP Area
664
Density / Sq Mi
$88,852
Median Household Income
$44,920
Median Earnings
$1,427
Median Rent
$302,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Bongo Club — 563 S 1st Ave, Coatesville, PA 19320
- The Lounge — 770 W Lincoln Hwy, Coatesville, PA 19320
- JB's Web — 302 W Lincoln Hwy, Coatesville, PA 19320
- Steel City Brewing — 132 Lincoln Hwy E, Coatesville, PA 19320
Frequently Asked Questions
What type of property is this?
Bar & Pub - For-sale restaurant property positioned on a corner lot with convenient access from the Rt 30 Bypass exit route.
Where is this bar & pub located?
The property is located at 143 Lincoln Hwy E Coatesville, PA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: For‑sale restaurant property on a corner lot; Directions: Take Rt 30 Bypass to the Coatesville Exit; proceed south to business 30; Year built: 1888
