Listed By:
Address
126 E Lincoln Highway, Coatesville, PA
Price
$ 1,199,999
Property Attributes
  • MLS#PACT2065950
  • TypeCommercial
  • CountyCHESTER
  • CityCoatesville
  • AreaCoatesville City
  • Zip19320
  • StyleApartment Building,Restaurant/Bar,Professional
  • Year Built1920
  • Taxes$ 9966
  • Price$ 1,199,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10000
  • Lot Size0.1 Acres
Data Source:
Bright MLS
Property Description

For sale is a newly renovated mixed use building in the heart of downtown Coatesville. Situated just off the main intersection and flanked by the new Steel City Brew Pub and Steak and Seafood restaurant on each side. Across the street sits the historic Iron Eagle restaurant , Luken Steel and Presence Bank. 126 E Lincoln Hwy is in the center of the towns best properties. This is a great opportunity to own a piece of history and claim your stake in the revitalized city of Coatesville. The building went through an intense renovation in 2023. Most of the HVAC, plumbing, flooring and fixtures are only months old. The 7 units are fully leased including 6 apartments across the 2nd and 3rd floor and a large 3,000 SF retail unit at the ground level. The property is a great investment not only for the income it produces; but also a great piece to hold onto as the city grows. The new Coatesville train station is being finished with increased lines to Philadelphia and a possible sports complex is on the horizon.

Price History
5/11/2024 Listed $1,199,999

General Features

Sewer Public Sewer
Heating Steam
Cooling Central A/C
Possession Immediate,Delay Settlement,0-30 Days CD
Zoning CENTRAL BUSINESS
Construction Materials Brick,Block,Concrete,Copper Plumbing,CPVC/PVC,Masonry,Mixed Plumbing,Stone
Year Built 1920
Property SubType Mixed Use
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Business Type Other,Apartment Building,Restaurant/Bar,Professional
Accessibility Level Entry - Main
County CHESTER
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions In the center of downtown Coatesville. Go to Coatesville's main intersection at Manor Rd & Rt 30. Go East on Rt 30 Towards Downingtown and this historic trophy is 5 units in.
ModificationTimestamp 2024-05-30T03:34:36
City COATESVILLE
Buyer Agent Compensation 2
MLS Area Coatesville City (10316)
Lot Size Square Feet 4541.00
Tax Assessed Value 165760.0
Waterfront Y/N No
Street Name LINCOLN
Tax Annual Amount 9966.0
Property Condition Average
Price Per Sq Ft Total 118.05
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 20
Standard Status Active
Year Built Source Assessor
Tax Lot 0234
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Oil
Flooring Hardwood
Hot Water Multi-tank
Heating Y/N Yes
Street Suffix HIGHWAY
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 7
Type of Parking Parking Lot
Land Use Code R40
Water View Y/N No
Building Area Total 10165.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.10
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 14660.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 7

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19320

Price
AVG $130K
$1.2M
Taxes
AVG $7,685
$9,966
Visits
AVG 226
109
Data Provided by Inside Real Estate®
Year Built
AVG 1959
1920

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