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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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