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$1,349,000 Just Listed
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Property Description
Prime real estate opportunity in Phoenixville, PA - 498 Nutt Road. This turnkey restaurant and business is now available for sale at $1,499,000. Well positioned on a .35-acre parcel at a busy traffic light intersection adjacent to Walgreens. this property includes a +/-5,000 SF building with all furniture, fixtures, and equipment included. 46 interior seats are complemented by 24 outdoor seats on the beautiful patio. Also includes large walk in cooler and freezer. 3rd floor is leased and provides passive rental income. Phoenixville is growing rapidly with 96,000 people within a 5 mile radius, and household incomes exceeding $138,000.
Full Property Details
Full Property Details for 498 Nutt Rd #2
General
- Price: $1,349,000
- Taxes: $15,165 (2023)
- Status: Active
- Type: Business
- Source: BrightMLSPhilly
- MLS ID: PACT2088200
- Updated: 12/10/2024
- Added to Site: 4 day(s) ago
Business
- Business Type: Restaurant/Bar
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 25
- Parking Type: Parking Lot
Location
- Area: Phoenixville Boro (10315)
- Municipality: PHOENIXVILLE BORO
- County: Chester
- Driving Directions: 29 N to Nutt Rd
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Stone, Stucco
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,469
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $181.59
- Assessment Year: 2024
- School Tax: $10,912
- City/TownTax: $2,748
- City/TownTax Freq: Annually
- County Tax: $1,503
- County Tax Freq: Annually
- Tax w/Assessment: $330,400
- Tax Amount: $15,165
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 242.01
Listed by Zommick McMahon Commercial Real Estate, James Pinckney
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Schools
Schools serving 498 Nutt Rd #2
School District:Phoenixville Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
East Pikeland Elementary School
1191 Hares Hill Rd, Phoenixville, PA 19460 | K-5 | 2.4 mi | |
1000 Purple Pride Pkwy, Phoenixville, PA 19460 | 6-8 | 0.8 mi | |
1200 Gay St, Phoenixville, PA 19460 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 498 Nutt Rd #2
Date
Details
Price
Change
Source
12/10/2024
Listed
$1,349,000
217.41%
MLS
9/13/2010
Sold
$425,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 498 Nutt Rd #2
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,165
7%
$330,400
—
2023
$14,128
31%
$330,400
—
2022
$10,784
-20%
$330,400
—
2020
$13,480
-2%
$330,400
—
2020
$13,810
2%
$330,400
—
2019
$13,556
3%
$330,400
—
2018
$13,169
2%
$330,400
—
2017
$12,968
2%
$330,400
—
2016
$12,688
—
$330,400
—
2015
$12,655
1%
$330,400
—
2014
$12,573
—
$330,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 498 Nutt Rd #2
498 Nutt Road #2, Phoenixville, PA 19460 (MLS# PACT2088200) is a Business property. 498 Nutt Road #2 is currently listed for $1,349,000 and was received on December 10, 2024. Want to learn more about 498 Nutt Road #2? Do you have questions about finding other Business real estate for sale in Phoenixville? You can browse all Phoenixville real estate or contact a Coldwell Banker agent to request more information.