713-715 E LINCOLN HWY new to site Save Request In-Person Tour Request Virtual Tour
Coatesville,PA 19320
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $99
MLS Listing ID PACT2106906
Year Built 1966
Annual Tax Amount $11,423
Tax Year 2025
Lot Size 10,000 Sqft
Acres 0.23
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Please gave 6 hour prior notice to show property so tenants could be aware of showings.
Newly Renovated Restaurants with long term leases. Fully operational and beautifully maintained located in a high-traffic area with strong local demand.
Favorable leases-
Restaurant A: Currently generating $3,000/month
Restaurant B: Currently generating $4,000/month
Total Monthly Income: $7,000
Annual Income (2025): $84,000
Projected Increase: Starting next year, both restaurants are expected to increase their monthly contributions by $1,000 each:
Restaurant A (2026): $4,000/month
Restaurant B (2026): $5,000/month
Total Monthly Income (2026): $9,000
Annual Income (2026): $108,000
Both restaurants are NNN leases. Owner has responsibility to pay Yearly Tax and Property Insurance. Every other expense- Like- Utilities, Sewer/Water, Cable TV, Trash is paid by tenants.
This property comes with a rare bonus—a large private parking lot offering nearly 30 spaces, perfect for attracting steady customer traffic. With its prime Diamond Street location, buyers also have the exciting opportunity to expand and build a new store, unlocking even greater income potential.
Location
State PA
County Chester
Area Coatesville City (10316)
Zoning C1
Interior
Hot Water Natural Gas,Electric
Heating Forced Air,Central
Cooling Central A/C
Flooring Tile/Brick
Heat Source Natural Gas,Electric
Exterior
Garage Spaces 30.0
Utilities Available Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available
Water Access N
View City
Roof Type Flat,Rubber
Street Surface Access - On Grade
Accessibility Other
Road Frontage State
Total Parking Spaces 30
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Scott
High Schools Coatesville Area Senior
School District Coatesville Area
Others
Tax ID 16-06 -0279
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard