Coatesville, PA 19320,126 E LINCOLN HWY
Coatesville, PA 19320,126 E LINCOLN HWY
Coatesville, PA 19320,126 E LINCOLN HWY
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$1,059,900
Est. payment /mo
10,165 SqFt
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UPDATED:

10/25/2024 04:14 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,165 sqft

Price per Sqft $104

MLS Listing ID PACT2065950

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $9,966

Tax Year 2024

Lot Size 4,541 Sqft

Acres 0.1

Lot Dimensions 0.00 x 0.00

Property Description

For sale is a newly renovated mixed use building in the heart of downtown Coatesville. Situated just off the main intersection and flanked by the new Steel City Brew Pub and Steak and Seafood restaurant on each side. Across the street sits the historic Iron Eagle restaurant , Luken Steel and Presence Bank. 126 E Lincoln Hwy is in the center of the town’s best properties.

This is a great opportunity to own a piece of history and claim your stake in the revitalized city of Coatesville. The building went through an intense renovation in 2023. Most of the HVAC, plumbing, flooring and fixtures are only months old. The 7 units are fully leased including 6 apartments across the 2nd and 3rd floor and a large 3,000 SF retail unit at the ground level.

The property is a great investment not only for the income it produces; but also a great piece to hold onto as the city grows. The new Coatesville train station is being finished with increased lines to Philadelphia and a possible sports complex is on the horizon.

Location

State PA

County Chester

Area Coatesville City (10316)

Zoning CENTRAL BUSINESS

Interior

Hot Water Multi-tank

Heating Steam

Cooling Central A/C

Flooring Hardwood

Heat Source Oil

Exterior

Garage Spaces 7.0

Waterfront N

Water Access N

Accessibility Level Entry - Main

Total Parking Spaces 7

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Coatesville Area

Others

Tax ID 16-05 -0234

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


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Bright MLS (BMLS)
Listed by Matthew Bates • Lexington Real Estate Partners, LLC

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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