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Property profile & analytics
OFF-MARKET Estimated value $725,000
Turn key restaurants

343 Baltimore Pike West Grove, PA 19390-9261

11,912 SF 2.1 ac lot Built 1890
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US73-5864312
Property summary
AI-generated overview

This exceptional mixed-use property, located at 343 E Baltimore Pike in West Grove, Pennsylvania, presents a unique investment opportunity. The 12,000 square foot building sits on a 2.1-acre lot and boasts four stories, offering significant versatility. Currently zoned for industrial use, the property features ample retail and showroom space, complemented by a single-family residence. The building provides convenient grade-level access on multiple floors, along with truck and loading access, enhancing its operational efficiency. The substantial lot size presents additional development potential, allowing for expansion or the creation of flexible outdoor space or ample parking. The property's configuration lends itself to a potential conversion, envisioning retail use on the ground floor and multi-family residential units on the upper levels. Situated in Chester County, Pennsylvania, with a 19390 zip code, this property offers a blend of existing functionality and significant future development possibilities. The asking price is $959,000. This is a rare chance to acquire a substantial mixed-use property with considerable upside potential in a desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1890
Total area 11,912 SF
Lot 2.1 ac (91,476 SF)
Zoning code I
APN 5908 00210000
UPID US73-5864312
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Filacheck's Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$748k
Blend (final) Blend
$725k
Owner & transaction history
Robert L Donnell · 20 yrs held
Robert L Donnell
since 2006
Last sale
$715,000
4 recorded transactions
2006
$125,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I · West Grove, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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