401 Chandler Dr West Chester, PA 19380

Property Details for 401 Chandler Dr

Year built

1981

Lot size

133.00 lot acres

Property size

25,000 SF

Property type

Golf courses & driving ranges

Property subtype

Specialty properties

Description

This exceptional investment opportunity presents the Hershey's Mill Golf Club, an 18-hole private golf course nestled on 133 acres in West Chester, Pennsylvania. Built in 1981, this turnkey operation boasts 25,000 square feet of space across six buildings, currently operating at 100% occupancy until July 30, 2024. The property is situated within a thriving 55+ active adult community comprising 1,720 homes, offering a built-in clientele and significant upside potential. The club features a well-appointed clubhouse with two restaurants and a banquet facility accommodating up to 160 guests. The asking price is $9,900,000, translating to $396 per square foot. The sale includes a long-term land lease and a profitable landscaping and snow removal business servicing the community. Located just 24 miles from Center City Philadelphia and adjacent to the Main Line, this property benefits from excellent demographics and proximity to a major metropolitan area. The golf course itself is in excellent condition, and the food and beverage operations present a clear path for revenue growth through enhanced marketing and membership strategies. The property is zoned for common open space, and minimal deferred capital expenditures are anticipated. This presents a rare opportunity to acquire a well-established, cash-flowing business with significant growth potential in a desirable location.

Location Insight

City

West Chester

County

Chester

State

Pennsylvania

Longitude

-75.5584

Latitude

40.0036