Sold
Listed By:
RE/MAX Main Line-West Chester
Address
653 Downingtown Pike, West Chester, PA
Price
$ 640,000
Property Attributes
  • MLS#PACT475568
  • TypeBusiness Op
  • CountyCHESTER
  • CityWest Chester
  • Zip19380
  • Style
  • Price$ 640,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1608
Data Source:
Bright MLS
Property Description

Turnkey business/investment/real estate owned opportunity on 1.2 acres with brand new equipment fully remodeled and renovated with 26 parking spaces and seating for 40. New fixtures, furniture and equipment. Restaurant on track to gross $720,000 annually with only breakfast and lunch being served. Financial information from the operation is available to qualified Buyers. Restaurant potential is amazing to increase size, add outdoor dining, property even has a meandering creek in the rear of the property for additional ambiance.The two neighboring shell condition residences at 657 and 659 Downingtown Pike can be added in to the purchase for a price of $950,000. Rehab the residences and have additional income producing rental properties.Appointments confirmed with Listing Agent. This won't last.

Price History

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 19380

Price
AVG $450K
$640K