498 Nutt RdPhoenixville, PA 19460

Property Details for 498 Nutt Rd

Year built

1900

Lot size

0.36 AC

Property size (Sq ft)

7,429 SF

Zone code

LC

Property type

Other commercial real estate

APN

1512 02420100

APU

151202420100

Description

This exceptional turnkey restaurant opportunity is located at 498 Nutt Road, Unit 2, Phoenixville, PA. The property sits on a 0.36-acre lot at a high-traffic intersection, directly adjacent to a Walgreens, ensuring excellent visibility and accessibility. The building itself offers approximately 7,429 square feet of space. The main floor encompasses a fully operational restaurant with 46 interior seats and an additional 24 outdoor seats on a patio. All furniture, fixtures, and equipment are included in the sale price of $1,349,000, making this a truly seamless transition for a new owner. A significant advantage is the inclusion of a large walk-in cooler and freezer, essential for efficient restaurant operations. Furthermore, the third floor of the building generates passive rental income from a separate lease, adding to the overall investment potential. The property benefits from its location within a rapidly growing area, boasting a population of 96,000 people within a five-mile radius and average household incomes exceeding $138,000. This combination of a prime location, established business, and strong demographics presents a compelling investment opportunity in a thriving market. This turnkey operation is ready for immediate occupancy and continued success.

• Alternative Use

  Use

  Valuation

  Residential

  $2,346,372

  Hospitality

  $2,149,264

  Educational

  $1,788,162

  Medical

  $1,849,660

  Retail

  $2,781,586

Location Insight

City

Phoenixville

County

Chester

State

Pennsylvania

Latitude

40.1288

Longitude

-75.5274

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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