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Pumsu Lim

stagesite-2.test@chime.me +1(347) 903-3025

$ 599,000

Est. payment | -/mo

1.1 Acres Lot

Save

$ 599,000

Est. payment | -/mo

Save

1.1 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Lot Size 1.100 Acres

MLS Listing ID PACT2129812

Financing Cash,Conventional

Short Sale No

Originating MLS BRIGHT

Property Description

Fully occupied Commercial property of over 11,000 sf on 1.1 acre lot in Downingtown. On site parking lot that can accomodate 50 plus cars. Tenants include Beer Brewery, auto service and landscaper. Their current monthly rents are $2,500, 2,000, and 1,020, respectably. The Brewery's monthly rent is scheduled to be increased from $2,500 to $4,000 beginning September 1, 2026. This property is a subject of environmental issues: Phase I, II and III investigations have been performed - PA DEP has disaproved Remedial Investigation Report and Clean up Plan, leaving the issues unresolved. To get the issus resolved, a further action is needed and an environmental company has proposed it at an estimated cost of $42,030. Property to be sold in as is condition, and thus, the new owner needs to take the final stage environmental action, assuming the cost.

Location

State PA

County Chester

Area Downingtown Boro (10311)

Zoning M20 IND: LIGHT IND

Area Downingtown Boro (10311)

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Garage Spaces 60

Waterfront N

Water Access N

Accessibility No Stairs

Parking Type Driveway, Parking Lot

Total Parking Spaces 60

Building

New Construction N

Lot Dimensions 0.00 x 0.00

Sewer Public Sewer

Water Public

Schools

School District Downingtown Area

Others

Tax Amount $15,600

Tax Year 2025

Tax ID 11-04 -0009.0100

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Special Sale Standard

testyfx76

Listed by Sang-Mook Ha • Hanco Real Estate LLC

137 WALLACE AVE Downingtown, PA 19335