119 MAIN ST Phoenixville PA 19460-3514

KW Commercial is proud to present the opportunity to lease or purchase a charming three-story mixed-use corner propertywith included off street parking in Phoenixville, PA. This 11,500 SF property currently houses a ground floor restaurant with an existing 3-year lease, a leased professional office on the second floor, and an additional basement previously occupied by a well-established bar/private club.

The prospective purchaser can continue with the current use or potentially reimagine the property. The Phoenixville area has had recent developments in multifamily, senior housing, and other residential needs that show proof of concept and the growing need in the area.

The site is serviced by public water, gas, sewer, and electricity. The property is located in the heart of downtown with fantastic visibility while being located within a short walk to the bustling Bridge Street which is the main drag of Phoenixville.

With such close proximity to bars, restaurants, and entertainment, the site makes for a perfect infill development opportunity. For commuters with a car, the property is 9 miles away from King of Prussia with great arterial access to all parts of the Philadelphia region surrounding suburbs. Over the last decade, Phoenixville has seen a massive resurgence due to its convenient transit-oriented location, surrounding employment opportunities, and the growth of its nightlife, entertainment, and restaurant industry. Phoenixville is ideal for millennials and young professionals as it has one of the highest area median income growths in the region. The continued new construction of apartment projects is a testament to the growing demand for density to keep up with population growth.