
Midway Arts
Office | 68,805 SqFt
Marketing description
Discover an exceptional investment opportunity with this prime property at 139 E Chestnut Street, 117 Lumber Street, and 117-125 E Chestnut St, Coatesville, PA. Boasting a 68,805 SF building, 43 commercial units, as well as storage units in the basement, this renovated gem offers an appealing mix use investment opportunity for any investor or owner user. Zoned C-1 and featuring a remarkable 98% occupancy rate for the 5 floor units, this property presents a strong cash flowing asset with value add potential. The recent renovations and fit out further enhances its allure, making it a standout choice for investors seeking a turnkey, high-performing asset. Don't miss out on this extraordinary investment opportunity in the heart of Coatesville.
Located in the Coatesville Opportunity Zone and Mix-Use Overlay District. A beautiful 68,805 sf fully leased mixed use building just off of 1st Ave in Coatesville, PA. The full acre lot contains parking and a value add opportunity with a 3,500 sf warehouse as well. Uncover the investment potential of Coatesville, PA, a dynamic location home to a stabilized investment with a value add potential. Situated in Chester County, this area boasts a rich history and a diverse community, making it an attractive prospect for investors seeking strategic opportunities. The property offers convenient access to major highways and public transportation, positioning it as a desirable choice for businesses. Surrounding attractions, including the National Iron and Steel Heritage Museum and the Coatesville Cultural Society, highlight the town's heritage and cultural richness, promising a compelling draw for investors. With the area's burgeoning commercial activity and ongoing revitalization efforts, Coatesville presents an enticing opportunity for investors seeking a promising office building venture.
Investment highlights
- 68,805 SF building
- 45,212 leasable sf
- Located in the Coatesville Opportunity Zone and Mix-Use Overlay District.
- 43 commercial units + storage units on lower level
- Recently fit out and updated in 2019
- Fully renovated
- 2 freight elevators & 1 service elevator
- Zoned C-1
- Located just off of North 1st Ave in Coatesville
- 98% occupied with value add potential
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