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Off market
  • $851,600

    653 Downingtown Pike, West Chester, PA 19380

    0beds
    0baths
    1,608sqft
    SingleFamily
    Built in 1960
    1.2 Acres Lot
    $851,600 Zestimate®
    $530/sqft
    $2,695 Estimated rent

    Owner options

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    $2,695/mo

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    $2,695/mo

    Rent Zestimate®

    Refinance and save

    $5,303/mo

    Est. payment

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    $5,303/mo

    Est. payment

    What's special

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • Central
    Interior area
    • Total interior livable area: 1,608 sqft

    Property

    Accessibility
    • Accessibility features: Level Entry - Main
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.20 Acres
    Details
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1960

    Community & neighborhood

    Location
    • Region: West Chester

    Other

    Other facts
    • HeatingYN: true
    • CoolingYN: true
    • SpecialListingConditions: Standard
    • Cooling: Central Air
    • CurrentUse: Restaurant, Retail
    • Heating: Central
    • ParkingFeatures: Parking Lot, Asphalt
    • AccessibilityFeatures: Level Entry - Main
    • ConstructionMaterials: Advanced Framing
    • MlsStatus: ACTIVE UNDER CONTRACT
    Sell for more on Zillow
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    $851,600
    2% more+$17,032
    With Zillow Showcase(estimated)$868,632