Coatesville, PA 19320,713-715 E LINCOLN HWY
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Coatesville, PA 19320,713-715 E LINCOLN HWY
Coatesville, PA 19320,713-715 E LINCOLN HWY
Coatesville, PA 19320,713-715 E LINCOLN HWY
Coatesville, PA 19320,713-715 E LINCOLN HWY
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Teri Gabrys

Teri Gabrys

Keller Williams

+1(610) 212-0293
Listed by Kanchan Kumar • New Precision Realty
$ 990,000
Est. payment /mo
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713-715 E LINCOLN HWY Coatesville, PA 19320

10,000 SqFt


UPDATED:

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


Bright MLS (BMLS)
Teri Gabrys

Teri Gabrys

REALTOR, MBA, CNE | License ID: RS316106

+1(610) 212-0293

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713-715 E LINCOLN HWY