218 Chestnut StCoatesville, PA 19320

  • Sports & entertainment properties
  • 16,343 SF

Property Details for 218 Chestnut St

Year built
1920
Lot size
0.11 AC
Property size (Sq ft)
16,343 SF
Zone code
C1
Property type
Sports & entertainment properties
APN
1605 01770000
APU
160501770000

Description

This exceptional three-story, 16,343-square-foot commercial building at 218 E Chestnut St., Coatesville, PA 19320, is available for lease or sale ($750,000). Built in 1920, this all-brick structure boasts a prime location in Chester County, zoned C-1, and offers multiple tenancy options. Its strategic placement near a renovated train station, a new parking garage, and a planned 266-unit apartment complex ensures high visibility and accessibility. The property benefits from significant traffic counts exceeding 21,795 vehicles per day, serving a densely populated area with over 39,000 residents within a three-mile radius. Ideal for a variety of uses, including medical (owner will renovate for medical tenants), retail, restaurant, or other neighborhood commercial businesses. The building's versatile layout and prominent location make it an excellent investment opportunity. Cross streets include N 3rd Ave and 2nd Ave.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,116,770
    Hospitality
    $4,686,934
    Educational
    $3,899,474
    Medical
    $4,033,582
    Retail
    $6,065,848

Location Insight

City
Coatesville
County
Chester
State
Pennsylvania
Latitude
39.9842
Longitude
-75.8219
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,205
$13,450
$56,490
$69,940
-
$13,450
$56,490
$69,940

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