1147 West Chester Pike
West Chester , Pennsylvania 19382
- Listing Type:
- For Sale
- Listing Price:
- $2,400,000.00
- Property Type:
- Retail
- Property Subtype:
-
Free Standing
Building
- Year Built:
- 1978
- Listing Status:
- Active
- Building Size:
- 6026 SqFt
- Land Area:
- 1.75 Acres
Description:
KW Commercial is pleased to present this great opportunity to buy the family-owned and operated “Legacy” West Chester Diner sitting on 1.75 acres with 151' of frontage on heavily traveled West Chester Pike. It has been operated by the current family for 25+ years. Seating for 250 people between the counter and dining areas, which seat 140 customers, and the rear section, which can be closed off for a private party room, that holds another 110. Parking for approximately 105 vehicles. Recently updated last year with over $200,000 in renovations, the building has plenty of curb appeal.
Purchase the Business and Real Estate, OR, just the BUSINESS, and lease the building for $30 per SF with a 5-year lease, plus options. With the huge pent-up demand for indoor dining due to Covid-19 restrictions, vaccinations underway, an experienced diner operator is the perfect buyer, knowing they have the skills and team to operate this neighborhood favorite and return sales to PRE-Covid numbers or ABOVE without missing a beat!
This is also a perfect fit for a growing multi-unit operator. Sale includes Real Estate, FF&E, building, and business for $2,400,000 or just the business for $600,000. Freestanding retail/restaurant building is 6,026 SF with 36,000+ vehicles per day passing by this location. Call Listing Agents for more details. Raymond Lind 215-920-5083 or Brady Carroll at 610-291-9895.
Presented by:
Listed by:
Crownstone Investment Group
Mortgage Calculator
INPUTS