1 Main St Trappe, PA 19426-2051
This exceptional 16,600 square foot restaurant, located at 1 E Main St, Schwenksville, PA 19473, presents a unique investment opportunity. Built in 1705 and expanded over time, this three-story freestanding building boasts a significant portion of its original structure, offering a blend of historic charm and modern potential. Situated on a 1.37-acre lot directly on Perkiomen Creek, the property enjoys excellent visibility at a signalized intersection of Ridge Pike/E. Main Street and 1st Avenue, providing prominent signage opportunities. The existing improvements allow for adaptive reuse to numerous permitted uses under the V-2 Village District zoning. A potential pad site opportunity exists, coupled with convenient access to major roads and highways. The level topography and on-site utilities further enhance its appeal. Approximately 8,000 square feet of the historic building remains, with the possibility of demolishing additions for new construction. Tax credits and anchor grants may be available. This landmark property is available for sale or lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Trappe, PATrappe. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.