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.
Off market
Zestimate®
$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
What's special
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 with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$851,600
2% more+$17,032
With Zillow Showcase(estimated)$868,632