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245-247 Bridge Street 245 Bridge St

9,080 SF 100% Leased Retail Building Phoenixville, PA 19460 $3,700,000 ($407/SF) 4.59% Cap Rate

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Executive Summary

Phoenixville Investment Package Deal For Sale. Value Add Opportunity 245-249 Bridge Street Phoenixville PA and 245-249 Taylor Aly, Phoenixville PA. 4 Parcels consisting of 4 Commercial Units and 5 Residential Units Plus Opportunity to add 15 more Residential Units!!
This project proposes to combine four (4) parcels into one (1), demolish an existing mixed use (1 commercial unit, 1 residential unit) building at 245 Taylor Alley, construct a new building addition to create additional apartment units. This will increase the apartment units from five (5) to Fifteen (15.) Three (3) existing commercial uses on Bridge Street will remain.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

9,080 SF

Building Class

Year Built

1900

Price

$3,700,000

Price Per SF

$407

Cap Rate

4.59%

NOI

$169,830

Percent Leased

100%

Tenancy

Multiple

Building Height

3 Stories

Building FAR

0.99

Lot Size

0.21 AC

Zoning

CMX - Commercial Mixed Use

Frontage

18 FT on Bridge St

1 of 1

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245 Bridge St, Phoenixville, PA - aerial map view - Image1

245 Bridge St, Phoenixville, PA - aerial map view - Image2

245 Bridge St, Phoenixville, PA - aerial map view - Image3

245 Bridge St, Phoenixville, PA - aerial map view - Image4

245 Bridge St, Phoenixville, PA - aerial map view - Image5

245 Bridge St, Phoenixville, PA - aerial map view - Image6

245 Bridge St, Phoenixville, PA - aerial map view - Image7

245 Bridge St, Phoenixville, PA - aerial map view - Image8

245 Bridge St, Phoenixville, PA - aerial map view - Image9

245 Bridge St, Phoenixville, PA - aerial map view - Image10

245 Bridge St, Phoenixville, PA - aerial map view - Image11

245 Bridge St, Phoenixville, PA - aerial map view - Image12

Walk Score ®

Very Walkable (89)

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PROPERTY TAXES

Parcel Numbers	Multiple 15-009-0135.0000 15-009-0136.0000 15-009-0134.0000 15-009-0133.0000	Improvements Assessment	$376,530
Land Assessment	$119,160	Total Assessment	$495,690