126 E LINCOLN HWY Active Save Request In-Person Tour Request Virtual Tour
Coatesville,PA 19320
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 $107
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
Parking Type Parking Lot
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