400 BRIDGE ST Phoenixville PA 19460-3550 APN: 1509 03560000

Property History

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Public Record 1

Public Record 2

Sale Date

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Sold Price

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Buyer Borrower 1 Name

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Document Number

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Recording Book

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Recording Page

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Resale Flag

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Sales Price Code

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Seller 1 Corp Indicator

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Seller 1 Name

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Transfer Tax

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Sold By

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Sold To

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Property Type

Hospitality, Mixed Use, Multifamily, Retail

Asking Details

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Marketing Description

Phoenixville Investment Opportunity. 400 Bridge Street Phoenixville PA Chester County. The new cornerstone of Downtown Phoenixville is 400 Bridge Street. The west end of Bridge Street will be rapidly developed over the next few years with over 900 residential units added just a few blocks away. This is a turn-key property, with a no expense spared rehabilitation over a 1 year period in 2020-21. All major systems have been replaced with superior material that would ensure low maintenance and longevity.

COMMERCIAL • Mixed use two detached commercial buildings and two adjacent parking lots. Major renovations made to property in 2021 • Main building 1st floor retail space occupied by La Patrona leased through November 2026 (with annual increases and lease extension option) . Detached Stables Building occupied by Angry Jacks Axe Throwing; leased through March 2026 (with annual increases and extension option).

LIQUOR LICENSE INCLUDED WITH SALE • PA R-Liquor License

RESTAURANT EQUIPMENT INCLUDED WITH SALE- All Restaurant Equipment and Fixtures are Included with sale.

RESIDENTIAL • Nine (9), fully occupied, one bedroom apartments in main build- ing. All units had a complete renovation in 2021. Units feature new granite counter tops, stainless steel appliances, new bath- rooms, washer and dryer in each unit. One off-street parking space per unit.

NEIGHBORHOOD • Prime location with new residential construction to be completed in the immediate area.

Investment Highlights

COMMERCIAL • Mixed use two detached commercial buildings and two adjacent parking lots. Major renovations made to property in 2021

LIQUOR LICENSE INCLUDED WITH SALE • PA R-Liquor License

RESIDENTIAL • Nine (9), fully occupied, one bedroom apartments in main build- ing. All units had a complete renovation in 2021

NEIGHBORHOOD • Prime location with new residential construction to be completed in the immediate area.

Property Improvements

Stables building. (1 story Building)

Insulated and shingled roof 2021

Canadian red oak trusses 2021

New mechanicals 2021 (HVAC, electrical, plumbing, fire)

The entire building was rehabbed Q1&Q2 2021

Tenant lease started April 2021, running thru March 2026 with two 5 yr options to extend, 3% annual increase

Fully landscaped Spring 2021

Main building

New Roof 2020

New mechanicals for apartments 2021 (HVAC, electrical, plumbing, fire)

New appliances for apartments 2021

All apartments fully rehabbed starting Spring 2020 thru Winter 2021

Commercial space fully rehabbed Fall 2020

New mechanicals 2021 (plumbing, HVAC, electrical, fire)

Tenant lease starts December 2021, running thru November 2026 with two 5 yr options to extend, 2% annual increase

Full landscaped Spring 2021

Loan History

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Financial History

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Net Operating Income

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Reporting Date

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Tax History

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Contact Information

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