Three structures are situated on 6.1 acres of land. The Office Building is a 3 story +/-15,000 SF building with many offices, conference rooms, a full kitchen, kitchenettes, ADA compliant restrooms and the building is elevator served. The Warehouse (currently leased) is +/-19,500 SF with offices, warehouse with 2 dock doors and a drive-in door. The property is located less than a mile from Chester County Airport. Buildings may be available separately contingent upon ownership obtaining subdivision for property. Properties may be available individually contingent on possible subdivision.
For sale is a newly renovated mixed use building in the heart of downtown Coatesville. Situated just off the main intersection and flanked by the new Steel City Brew Pub and Steak and Seafood restaurant on each side. Across the street sits the historic Iron Eagle restaurant , Luken Steel and Presence Bank. 126 E Lincoln Hwy is in the center of the townâs best properties. This is a great opportunity to own a piece of history and claim your stake in the revitalized city of Coatesville. The building went through an intense renovation in 2023. Most of the HVAC, plumbing, flooring and fixtures are only months old. The 7 units are fully leased including 6 apartments across the 2nd and 3rd floor and a large 3,000 SF retail unit at the ground level. The property is a great investment not only for the income it produces; but also a great piece to hold onto as the city grows. The new Coatesville train station is being finished with increased lines to Philadelphia and a possible sports complex is on the horizon.
This property is being offered at a live onsite Public Auction on Wednesday, June 19, 2024 at 6PM. The listed price is not the sale price. Property may sell for higher or lower than the listed price at public auction. Buyer Pays All Realty Transfer Taxes. Property Taxes Prorated at Settlement, Settlement by July 19, 2024. Property consists of: Former Alex & Jerryâs 2 ½ Story Tavern building with former 1st floor former bar and 2nd & 3rd floor apartment. Interior gutted to studs and ready to finish. Includes 3 tracts of land totaling .77 Acres +/-. Zoned C-1 Commercial Building has not been occupied for many years and needs clean-up and restoration. Property sold in âas isâ condition & is seriously for sale. Buyer responsible for use & occupancy permit if required. 1st Floor: Was Former Tavern with 2 public restrooms and utility room. Now Gutted. 2nd Floor: Was Primary BR, living room, kitchen, laundry area & full bath. Now gutted to studs. 3rd Floor: Was 4 BRs and a full bath. Now gutted to studs. Attic: Floored storage area. Includes all 3 tracts. 10-04-0089, 90, & 91.
Coatesville is located in Pennsylvania. Coatesville, Pennsylvania has a population of 13,169. Coatesville is less family-centric than the surrounding county with 22.34% of the households containing married families with children. The county average for households married with children is 37.13%.
The median household income in Coatesville, Pennsylvania is $38,582. The median household income for the surrounding county is $92,417 compared to the national median of $57,652. The median age of people living in Coatesville is 30.9 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 20.9 degrees. The average rainfall is approximately 47 inches per year, with 31.7 inches of snow per year.
