For Sale
$2,370,000

204 Lincoln HwyCoatesville, PA 19320

Historic Restaurant, Fully Equipped, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional opportunity to acquire a turnkey restaurant located at 204-206 E. Lincoln Highway in Coatesville, Pennsylvania. This 9,492 square foot, two-story building, built in 1848 and extensively renovated in 2021, is zoned C2 and boasts a charming blend of historic character and modern amenities. The property includes all furniture, fixtures, and equipment, along with a liquor license, making it ready for immediate operation. The current configuration features a well-established restaurant, "The Record Kitchen + Bar," with a substantial bar, exposed brick walls, an open kitchen, and a secluded patio. Additionally, approximately 10,000 square feet of space includes a currently operating axe-throwing tenant and vacant space offering potential for expansion of existing businesses or the introduction of a new venture. The building's classic décor includes hardwood floors, storefront window seating, and high-top tables. Its prime location is within blocks of the expanding Coatesville Train Station and the proposed National Sports and Events Center, promising significant growth potential. The asking price is $2,370,000, representing a price per square foot of $249.68. The property's APN is 16-005-0246.0100. This is a rare opportunity to own a thriving restaurant in a revitalizing downtown area.

Highlights

  • $2,370,000 asking price for this turnkey restaurant.
  • 9,492 square feet, two-story building with C2 zoning.
  • Located at 204 Lincoln Hwy E, Coatesville, PA 19320.
  • Includes all furniture, fixtures, equipment, and a liquor license.
  • Recently renovated in 2021, originally built in 1848.

Property Details for 204 Lincoln Hwy

Property type
Retail properties, Restaurants
Square Feet
9,492 SF
Year Built/Renovated
1848/2021
Stories
2

Location Insight

City
Coatesville
County
Chester
State
Pennsylvania
Latitude
39.98342204
Longitude
-75.82188945
204 Lincoln Hwy, Coatesville, Pennsylvania

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204 Lincoln Hwy
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