34 Main St Phoenixville, PA 19460
- Commercial real estate
- 18,000 SF
- 0.14 lot acres
Current Use by Public Records
- Cameron Peters Floral Design / Flower Designer / Gift Basket Store
- Maack America Realty, Inc. / Real Estate Agency
Property Details for 34 Main St
- Year built
- 1900
- Lot size
- 0.14 lot acres
- Property size
- 18,000 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use property in Phoenixville, PA, presents a unique investment opportunity. Located at the prominent corner of Main Street and Church Street, this 18,000 square foot building sits on a 0.14-acre lot in the heart of the town center. Currently, the ground floor houses approximately 3,525 square feet of fully occupied commercial space, generating income at approximately $20 per square foot modified gross. Tenants are responsible for all utilities, trash, and snow removal. The property boasts fully approved plans for a significant redevelopment: the creation of 22 loft-style apartments on the second and third floors (11 units per floor). This conversion project is ready to commence, offering substantial future income potential. The building's location within walking distance of the vibrant Bridge Street district, with its numerous cafes, restaurants, bars, boutiques, and the Colonial Theater, ensures high occupancy rates for both commercial and residential spaces. Its proximity to major employers like SEI Investments, Vanguard, and Lockheed Martin further enhances its appeal. This is a rare chance to acquire a mixed-use property in a thriving Chester County town, poised for significant growth and return on investment. The asking price is $2,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenixville
- County
- CHESTER
- State
- Pennsylvania
- Longitude
- -75.5162
- Latitude
- 40.133
