UPDATED:
10/31/2024 03:48 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Under Contract
Purchase Type For Sale
Square Footage 11,568 sqft
Price per Sqft $216
MLS Listing ID PACT2075580
Originating Board BRIGHT
Annual Tax Amount $14,872
Tax Year 2024
Lot Size 6,613 Sqft
Acres 0.15
Property Description
Introducing a once-in-a-lifetime opportunity to acquire 220 W. Gay Street, an iconic and historic building located in the heart of West Chester. This trophy property, situated in the vibrant downtown area, offers a rare chance to transform a classic West Chester structure into a standout development. With its prime location surrounded by upscale shops, restaurants, and cultural landmarks, the property exudes historic charm and architectural character, making it perfect for an adaptive reuse project.
The possibilities for this property are limitless. Whether you are looking to develop a prestigious Class A office space, create exquisite multifamily residences, or craft a unique private residence, 220 W. Gay Street presents unparalleled potential. Its central location and historic appeal make it an ideal candidate for a Class A office space, attracting professional tenants seeking sophistication and convenience in West Chester’s bustling borough. Alternatively, developers can seize the opportunity to build luxury multifamily units, offering tenants modern amenities within a charming historic setting. For the visionary, this property offers the chance to create an award winning program—one that blends exclusivity and luxury with deep ties to West Chester’s rich history.
Properties like this rarely come to market, making 220 W. Gay Street a unique investment opportunity. Whether you are an investor, developer, or someone with a dream to build a one-of-a-kind home, this property is your canvas for innovation and legacy in one of West Chester’s most desirable locations. Don’t miss this extraordinary chance to create something truly special.
Location
State PA
County Chester
Area West Chester Boro (10301)
Zoning TOWN CENTER
Interior
Hot Water Other
Heating Other
Cooling Central A/C
Heat Source Other
Exterior
Garage Spaces 7.0
Water Access N
Accessibility None
Total Parking Spaces 7
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District West Chester Area
Others
Tax ID 01-08 -0436
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, Private
Listing Terms Cash, Conventional, FHA, Private
Financing Cash,Conventional,FHA,Private
Special Listing Condition Standard
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