Exton, PA 19341,222 N POTTSTOWN PIKE
Exton, PA 19341,222 N POTTSTOWN PIKE
Exton, PA 19341,222 N POTTSTOWN PIKE
$4,840,000
Est. payment /mo
$2,000,000
142.0%
Est.Price: ?

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10,080 SqFt
SOLD DATE : 08/15/2024

Key Details

Sold Price $4,840,000

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Sold

Purchase Type For Sale

Square Footage 10,080 sqft

Price per Sqft $480

MLS Listing ID PACT2060850

Sold Date 08/15/24

Originating Board BRIGHT

Year Built 1969

Annual Tax Amount $35,125

Tax Year 2023

Lot Size 3.000 Acres

Acres 3.0

Lot Dimensions 0.00 x 0.00

Property Description

AUCTION: Discover prime commercial potential at 222 N Pottstown Pike, Exton—a 3.21-acre property nestled in West Whiteland Township, Chester County, Pennsylvania. Boasting TC Town Center Mixed Use District zoning, this vibrant locale is surrounded by major retailers, restaurants, and financial institutions, just 5 miles from West Chester and 25 miles northwest of Philadelphia. With public utilities readily available and a versatile range of permitted uses—including retail, office, dining, and residential offerings—this property presents an unparalleled opportunity for dynamic commercial development. 
Featuring 5,900 square feet of service buildings, including a 5-bay garage, mechanical garage, 2-car garage, and salt shed, the property accommodates diverse operational needs. In addition, a portion of the parking lot is currently leased to a non-profit group on a month-to-month basis, enhancing community involvement and utilization of the space. 
This property, along with 925 Old Valley Road, Exton is being offered for sale at auction on Thursday, May 2 at 2pm.  In-person bidding is available in the Main Meeting Room at the West Whiteland Township Building, 101 Commerce Drive, Exton, PA. Online Bidding is also available. Please see all documents included in this listing. Phase I and Phase II Environmental Reports have been completed and is available below. 
West Whiteland Township is currently having their new maintenance and storage facilities constructed. They are scheduled to be completed by the end of 2024. Once these facilities are constructed, they will no longer need the properties located at 222 N Pottstown Pike and 925 Old Valley Road. Settlement is to take place on or before July 15, 2024. Buyer's possession of the property transfers on January 1, 2025. During the interim period between settlement and possession transfer on January 1, 2025, West Whiteland Township will not be responsible for paying any rent to the purchaser.
Access to Miller Way - West Whiteland Township includes in the terms of sale that the township will allow access to and from Miller Way via the existing driveway. A legal easement or right-of-way will be created by the township by settlement and/or occupancy.

Location

State PA

County Chester

Area West Whiteland Twp (10341)

Zoning TC TOWN CENTER MIXED USE

Interior

Hot Water Other

Heating Hot Water

Cooling Central A/C

Equipment None

Heat Source Natural Gas

Exterior

Garage Spaces 70.0

Waterfront N

Water Access N

Accessibility None

Total Parking Spaces 70

Garage N

Building

Lot Description Road Frontage

Sewer Public Sewer

Water Public

New Construction N

Schools

School District West Chester Area

Others

Tax ID 41-05 -0030.020E

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Auction

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Bright MLS (BMLS)
Listed by Tim Keller • H.K. Keller
Bought with NON MEMBER • Non Subscribing Office

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Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

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