Historic Retail and Restaurant
204-206 Lincoln Hwy E Coatesville, PA 19320
204-206 Lincoln Hwy E, Coatesville, PA, 19320
Contact for pricing
For Sale
Contact for pricing
Historic building with fully fit-out restaurant space, retail/event areas, and new electrical, plumbing, and HVAC.
Property Size10,150 SF
Price / SF$226.60
Days on Market183
Property Features for 204-206 Lincoln Hwy E
General Information
- Standard status
- Active
- Size
- 10,150 SF
- Property subtype
- RETAIL
Properties For Sale
at 204-206 Lincoln Hwy E Contact us
Listing agency
NAI Keystone Commercial & Industrial, LLC
(610) 370-8523
Listed by
Kevin Wolfe · License #RS358185
Source
Moodyscre
Added: Jan 20 Updated: Jul 22 at 12:24PM Checked: Jul 22 at 12:24PM
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 NAI Keystone Commercial & Industrial, LLC
Investment Insights
Based on property information with market context.
This historic multi-unit building includes four units within a 10,150 SF structure, offering a mix of restaurant and retail/event space. The property features a fully fit-out 3,000 SF restaurant area with a large bar and ample seating, plus outdoor patio space. Additional areas include mezzanine, kitchen, and basement components, as well as two walk-in refrigerators. Interior amenities include a main dining area, a kitchen area, and two shared ADA restrooms, along with two common area restrooms on the first floor. The sale also includes a liquor license and FF&E, and the building has exterior lighting.
The property is zoned C-2 and is described as being close to Rt 30.
Recent improvements are specifically noted as brand new electrical, plumbing, and HVAC.
The property is zoned C-2 and is described as being close to Rt 30.
Recent improvements are specifically noted as brand new electrical, plumbing, and HVAC.
Key Highlights
- Historic 10,150 SF building with four units for retail and restaurant use
- 3,000 SF fully fit‑out restaurant space plus 7,150 SF retail/event space
- Liquor license and FF&E included in the sale price
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $182.7k | $18.00 |
| − Vacancy | −$18.8k | −$1.85 |
| EGI | $163.9k | $16.15 |
| − OpEx | −$49.2k | −$4.84 |
| NOI | $114.7k | $11.30 |
10,150 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.64M
$1.43M – $1.91M
NOI $114,717 @ 7.0% cap · market cap 4.99%
Second Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,227 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M
NOI $215,416 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Historic building with fully fit-out restaurant space, retail/event areas, and new electrical, plumbing, and HVAC.
Where is this retail space located?
The property is located at 204-206 Lincoln Hwy E Coatesville, PA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Historic 10,150 SF building with four units for retail and restaurant use; 3,000 SF fully fit‑out restaurant space plus 7,150 SF retail/event space; Liquor license and FF&E included in the sale price
