139 Chestnut St Coatesville, PA 19320

This exceptional five-story, 68,805-square-foot creative office building, located at 139 E Chestnut St in Coatesville, Pennsylvania (zip code 19320), presents a unique investment opportunity. Built in 1909 and thoughtfully revitalized in 2018, this Class C property boasts 50 spaces of varying sizes, currently housing a vibrant mix of artist studios, office space, retail, entertainment venues, a fitness center, and photography studios. The building features one passenger and two freight elevators, providing convenient access to all five floors. Basement storage units range from 70 to 1,250 square feet. The asking price is $5,800,000, translating to $84.30 per square foot. The property sits on a 0.66-acre lot (APN: 16-005-0036.0100) and is zoned C1. Additional land parcels are included, offering potential for future expansion or increased parking. This prime location benefits from significant upcoming developments, including the anticipated completion of a $65 million train station by 2025 and a $45 million National Sports and Events Center, along with new restaurants and entertainment venues, promising substantial future growth and increased property value. This is a rare chance to acquire a fully developed, thriving artist community in a rapidly revitalizing area.