16 E Gay St West Chester, PA 19380
For Sale
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Property summary
This exceptional restaurant opportunity is located at 16 E Gay Street in the vibrant Borough of West Chester, Pennsylvania. The property boasts 2,333 square feet of prime commercial space, ideal for a variety of culinary concepts. Situated in Chester County, this single-tenant property offers a turnkey operation with existing restaurant infrastructure already in place. Key features include a fully installed hood and Ansul fire suppression system, ensuring safety and compliance. A walk-in refrigerator and ample sinks are also included, minimizing the need for significant upfront investment in essential equipment. The property's location on Gay Street places it within the heart of West Chester's bustling downtown area, providing excellent visibility and accessibility to a large customer base. This is a rare chance to acquire a well-equipped restaurant space in a highly desirable location, ready for immediate occupancy. The property is zoned for commercial use and is conveniently located near other businesses, residential areas, and ample parking options. This presents a unique opportunity for an established restaurant or a new culinary venture seeking a prime location in a thriving Pennsylvania town. The 19380 zip code ensures easy access to major transportation routes. The property's size and existing features make it an attractive option for a variety of restaurant concepts.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising (Bike/Boat/Book/etc) Store
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Law Firm
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Restaurant
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Clothing & Fashion Store
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Information Services
Value estimations
Owner & transaction history
Zoning & alternative use
-304 Permitted uses. § 112-305 General design standards. § 112-306 NC-1 Neighborhood Conservation District. § 112-307 NC-2 Neighborhood Conservation District. § 112-308 NC-3 Neighborhood Conservation District. § 112-309…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the West Chester market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
TC · West Chester, PA-304 Permitted uses. § 112-305 General design standards. § 112-306 NC-1 Neighborhood Conservation District. § 112-307 NC-2 Neighborhood Conservation District. § 112-308 NC-3 Neighborhood Conservation District. § 112-309…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for TC in West Chester, PA.
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