Mixed-Use Building with
For Sale
$990,000
322 BRIDGE STREET, Phoenixville, PA 19460
The upper level contains two one-bedroom apartments, each with a separate entrance, above the commercial space.
Property Size2,400 SF
Price / SF$412.50
Days on Market243
Property Features for 322 BRIDGE STREET
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
3
Property subtype
MixedUse
Additional Details
Mixed-Use Components
retail, residential
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,710
Amenities
full unfinished basement
Building Details
Building Size
2,400 SF
Year Built
1949
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Feb 27
Changed: Oct 27
Last Checked: Oct 26 at 5:06PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
At 322 Bridge Street, this mixed-use property combines a ground-floor retail suite with two one-bedroom apartments upstairs. Each residence has its own entrance. The retail space is vacant, while both apartments are occupied. A full basement remains unfinished and can be used for storage. The apartments were renovated in 2014.
Three spaces in a shared rear parking lot are assigned one per unit. The property is in downtown Phoenixville, where restaurants, shops, bars, and recurring weekend festivals draw local and regional visitors.
Three spaces in a shared rear parking lot are assigned one per unit. The property is in downtown Phoenixville, where restaurants, shops, bars, and recurring weekend festivals draw local and regional visitors.
Key Highlights
- Ground‑floor retail space is vacant
- Two one‑bedroom apartments, each with a separate entrance
- Apartments renovated in 2014 and currently occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,782
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,640
$735.6K
Cap Rate 7%
$525,457
$525.5K
Cap Rate 9%
$408,689
$408.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$68.8K $28.68/SF
− Vacancy
−$10.0K −$4.16/SF
EGI
$58.9K $24.52/SF
− OpEx
−$22.1K −$9.20/SF
NOI
$36.8K $15.33/SF
Area
Chester County, PA
Vacancy
14.50%
Lease Rate
$28.68 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,640
Cap Rate 7%
$525,457
Cap Rate 9%
$408,689
Alternative Uses
Best Use
Mixed Use
$525.5K
$459.8K – $613.0K
NOI $36,782 @ 7.0% cap · market cap 3.72%
Second Best
Multifamily LT 5
$394.0K
$344.7K – $459.7K
NOI $27,579 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$727.7K
$636.7K – $848.9K
NOI $50,936 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,193
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The upper level contains two one-bedroom apartments, each with a separate entrance, above the commercial space.
Where is this mixed-use property located?
The property is located at 322 BRIDGE STREET Phoenixville, PA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Ground‑floor retail space is vacant; Two one‑bedroom apartments, each with a separate entrance; Apartments renovated in 2014 and currently occupied
