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Property profile & analytics
OFF-MARKET Estimated value $710,000
Turn key restaurants

623 Gay St West Chester, PA 19380-4557

3,461 SF 0.82 ac lot Built 1972
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US73-1585480
Property summary
AI-generated overview

This exceptional 0.82-acre corner retail pad site in West Chester, PA, presents a unique investment opportunity. Located at 623 E Gay St, 19380, in the heart of West Chester Borough, this single-tenant property boasts a C5 zoning designation and is ideally situated near a high concentration of established businesses and West Chester University of Pennsylvania. The site's strategic location ensures high visibility and accessibility, making it perfect for a variety of uses. Nearby businesses include Wawa, Wendy's, McDonald's, Dairy Queen, Jersey Mike's Subs, Rita's Italian Ice, Taco Bell, KFC, F45 Training, AFC Urgent Care, Dunkin', Sherwin-Williams, and AutoZone, among many others. The property's suitability extends to a wide range of retail, restaurant, and service-oriented businesses, including but not limited to fast food establishments, pharmacies, convenience stores, learning centers, dog daycares, banks, and car washes. The availability of a drive-thru option further enhances its appeal to potential tenants. This prime location and versatile zoning make this property an exceptional opportunity for investors seeking a high-traffic, high-visibility location in a thriving community. The property consists of one building on a 0.82-acre lot within Chester County's West Chester submarket.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Total area 3,461 SF
Lot 0.82 ac (35,788 SF)
Zoning code C5
APN 5205F00030000
UPID US73-1585480
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
  • Parkway Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$875k
CAP Approach CAP
by Request
Comparable Approach Comparable
$707k
Blend (final) Blend
$710k
Owner & transaction history
Lak Wc LLC · 5 yrs held
Lak Wc LLC
since 2021
Last sale
$600,000
4 recorded transactions
2026
Price N/A
2021
$600,000
2012
Price N/A
1969
Price N/A
Zoning & alternative use
C5 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.2M +15.3%
Commercial (general) $1.0M +2.9%
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