401 Chandler Dr, West Chester, PA 19380
- Golf courses & driving ranges
- 25,000 SF
- 133.00 lot acres
Current Use by Public Records
- Hershey's Mill Restaurant Services / Restaurant
- Hershey's Mill Golf Club / Golf Course
Property Details for 401 Chandler Dr
- Year built
- 1981
- Lot size
- 133.00 lot acres
- 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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Chester
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.5584
- Latitude
- 40.0036
