584 Bridge St

Phoenixville PA 19460

2799 sq. ft.

11173 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Click on the camera icon above the picture for our stunning virtual video tour! There is nothing else available on the market like 584 Bridge St in Downtown Phoenixville. Are you a business owner looking to purchase your own space with additional rental income? This Subdividable parcel is completely unique running continuously from frontage on Bridge st to Breckenridge St on the rear side. See attached plans in documents. The property is zoned Town Center and consists of 2 adjacent lots that were joined into one parcel in 1987. There is space to develop in the rear, with potential for 2-3 townhomes with room for off street parking or basement garages. With Town Center zoning there are multiple development options with the right plan. Currently the property is mixed use consisting of a 3 story triplex spanning over 2800 sq ft with a ground floor commercial space with open floor plan, 2 private offices, open area, reception room and bathroom. Above the commercial space are 2 nicely appointed large one bedroom apartments with modern updated kitchens and bathrooms. There are approximately 10 parking spaces not including the garage. Each unit is separately metered. The commercial space has central air, the residential 1st floor Apt A, window a/c units and the 2nd floor Apt B has Mini Split on the wall for a/c. The property also has a detached garage with separate electric meter that can be maintained as an owner's garage or can be rented monthly. There is a separate ground floor utility room that houses the heating unit and hot water heaters for each unit. Monthly rent for the commercial space (currently vacant due to covid-19) is $1200, Apt A is $950, Apt B is $950. Tenants pay all utilities except water/sewer. Yearly expenses: $2000 water; sewer and trash; $960 for common electric & garage; $2000 for insurance.