Retail Building with Highway
2320 - 2324 E LINCOLN HIGHWAY, Coatesville, PA 19320
For Sale
New
$540,000
The multi-tenant property is fully occupied, with on-site parking and C-1 highway-commercial zoning.
Property Size3,456 SF
Lot Size0.20 Acres
Price / SF$156.25
Days on Market5
Property Features for 2320 - 2324 E LINCOLN HIGHWAY
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Occupancy
Additional Details
Highway Access
Tenant in Place
Building Details
Year Built
Tenancy
Listing Agency:
Pillar Real Estate Advisors
Listed By:
Eric Kuhn · License #RS296255
(484) 887-8202
Source:
Cummingsrealtors
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 4:17PM
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 Pillar Real Estate Advisors
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Investment Insights
Based on property information with market context.
Built in 1980, this multi-tenant retail property is fully leased and includes 20 on-site parking spaces. The C-1 Highway Commercial zoning is identified as flexible, with retail and service uses noted in the property information. An unpaved 0.20-acre lot is part of the site.
The property is at 2320–2324 E Lincoln Highway in Coatesville, on the Lincoln Highway commercial corridor. Routes 340, 30 and 322 provide access to the area. The listing also notes the possibility of future owner occupancy.
The property is at 2320–2324 E Lincoln Highway in Coatesville, on the Lincoln Highway commercial corridor. Routes 340, 30 and 322 provide access to the area. The listing also notes the possibility of future owner occupancy.
Key Highlights
- Fully leased, multi‑tenant retail property
- 20 on‑site parking spaces
- 0.20‑acre unpaved lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,060
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$781,200
$781.2K
Cap Rate 7%
$558,000
$558.0K
Cap Rate 9%
$434,000
$434.0K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$62.2K $18.00/SF
− Vacancy
−$6.4K −$1.85/SF
EGI
$55.8K $16.15/SF
− OpEx
−$16.7K −$4.84/SF
NOI
$39.1K $11.30/SF
Area
Chester County, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$781,200
Cap Rate 7%
$558,000
Cap Rate 9%
$434,000
Alternative Uses
Best Use
Retail
$558.0K
$488.3K – $651.0K
NOI $39,060 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$916.9K – $1.22M
NOI $73,348 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Groceries 31%
Home Improvements & Furnishings 16%
Fine Wine & Good Spirits
Groceries
10,085 visits/mo
0.3 miles
Dollar General
Shops & Services
6,017 visits/mo
0.3 miles
Sunoco
Shops & Services
5,746 visits/mo
0.4 miles
Hatt's Industrial Supplies & True Value
Home Improvements & Furnishings
4,208 visits/mo
0.4 miles
Brian Hoskins Ford
Shops & Services
1,699 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Shopping centers in Chester County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Barley Station — 2701 Lincoln Hwy E, Thorndale, PA 19372
Frequently Asked Questions
What type of property is this?
Shopping center - The multi-tenant property is fully occupied, with on-site parking and C-1 highway-commercial zoning.
Where is this shopping center located?
The property is located at 2320 - 2324 E LINCOLN HIGHWAY Coatesville, PA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Fully leased, multi‑tenant retail property; 20 on‑site parking spaces; 0.20‑acre unpaved lot
