Street-Level Retail
For Sale
$399,555
28 Gay St, Phoenixville, PA 19460
For sale street-level storefront on Gay St in Phoenixville, suited for small retail and service concepts.
Property Size1,680 SF
Price / SF$237.83
Days on Market98
Property Features for 28 Gay St
General Information
Standard status
Active
Size
1,680 SF
Building Details
Year Built
1930
Listing Agency:
Kline Real Estate Works
Listed By:
Keith S Kline · License #RM426216
(610) 213-1473
Source:
Selltheshore
Added: Jul 4
Changed: Oct 1
Last Checked: Oct 7 at 4:11PM
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 Kline Real Estate Works
Investment Insights
Based on property information with market context.
This for-sale street-level retail storefront is located at 28 Gay St. The property is identified as a storefront within the commercial retail category, offering a straightforward retail configuration intended for neighborhood foot traffic.
The listing directions indicate the storefront is along Gay St in Phoenixville, with access off Bridge St and the store front on the right while traveling toward Gay. The property is in Chester County (CHESTER).
Because this is a street-level storefront asset, it can fit a range of tenant types that benefit from a visible, directly accessible retail presence. This offering may also be of interest to owner-occupiers or investors seeking a compact commercial retail property in Phoenixville, with the location positioned for walk-up retail activity along Gay St.
The listing directions indicate the storefront is along Gay St in Phoenixville, with access off Bridge St and the store front on the right while traveling toward Gay. The property is in Chester County (CHESTER).
Because this is a street-level storefront asset, it can fit a range of tenant types that benefit from a visible, directly accessible retail presence. This offering may also be of interest to owner-occupiers or investors seeking a compact commercial retail property in Phoenixville, with the location positioned for walk-up retail activity along Gay St.
Key Highlights
- Street‑level storefront on Gay St in Phoenixville, suited for small retail and service concepts
- Year built: 1930
- Heating includes baseboard, hot water, electric, and natural gas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,988
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,760
$379.8K
Cap Rate 7%
$271,257
$271.3K
Cap Rate 9%
$210,978
$211.0K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$30.2K $18.00/SF
− Vacancy
−$3.1K −$1.85/SF
EGI
$27.1K $16.15/SF
− OpEx
−$8.1K −$4.84/SF
NOI
$19.0K $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%
$379,760
Cap Rate 7%
$271,257
Cap Rate 9%
$210,978
Alternative Uses
Best Use
Retail
$271.3K
$237.4K – $316.5K
NOI $18,988 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$509.4K
$445.7K – $594.3K
NOI $35,655 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,194
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Insomnia Cookies
Dining
2,554 visits/mo
0.2 miles
Demographics for 19460, PA
43,611
Population
18,881
Households
2.3
Avg Household Size
40
Median Age
58%
College-Educated
96%
High-School Grad
34.5 sq mi
ZIP Area
1,264
Density / Sq Mi
$120,472
Median Household Income
$65,879
Median Earnings
$1,622
Median Rent
$426,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - For sale street-level storefront on Gay St in Phoenixville, suited for small retail and service concepts.
Where is this storefront property located?
The property is located at 28 Gay St Phoenixville, PA.
What is the asking price?
The asking price for this property is $399,555.
What are key features of this property?
This property features: Street‑level storefront on Gay St in Phoenixville, suited for small retail and service concepts; Year built: 1930; Heating includes baseboard, hot water, electric, and natural gas
