If you need assistance, please call 571-292-5377

$2,250,000
693 E Lincoln Hwy, Exton, PA 19341
0 Beds
0 Baths
n/a sqft

Share

   
OR
Photos
Map
Need help calculating monthly payments on this home? Estimate your mortgage here.
powered by CINC
REPURPOSE REDEVELOP RENOVATE KW Commercial is proud to present for sale the Ship Inn property, located at 693 E. Lincoln Hwy, in Exton PA 19341. The Ship Inn was built in 1796, and is proudly named in the Historic Register. The property is located on a 1.2 acre lot at the intersection of Lincoln Hwy & Ship Rd, with entrances and exits on both Lincoln Highway and Ship Road. The busy intersection, equipped with traffic signals, allows for easy access to and from the Property, which is currently operating as a 248 seat seafood/steak restaurant. With its prime location, and with exploding overall growth in the area, this is the perfect property for a discriminating buyer seeking to take full advantage of a lucrative opportunity. The property comprises a three -story , 14,000 SF main building with full basement. The Inn was designed with tall ceilings and a total of nine fireplaces. The building is equipped with full sprinkler system and two 75 gallon water heaters and is attached to the public water/sewer system. A new electrical service and panel was added in 2006; a gas-fired, multi-zoned HVAC system was installed in 2008 and a new roof was added in 2012. Also included in the sale are a separate, three+ car garage currently housing a walk-in fridge & a walk-in freezer and all restaurant equipment, inventory, and furnishings. Chester County Restaurant Liquor License also included with this sale (a $350,000+ value). The Inn lies in close proximity to at least 12 new and in-progress large, luxury, residential Apartment/Single Family Home/Townhome developments, including Exton Square Mall, Fairfield Shopping Center and Whiteland Towne Center, to a number of other National Retailers within Exton proper, and to at least 3 large Corporate Centers/Business Parks. The property is located in close proximity to US Business Route 30, US Route 202, PA-100, Pottstown Pike, the Exton Bypass and Phoenixville Pike and can be reached using Public Transportation via Exton Station (SEPTA & AMTRAK services), former Philadelphia and Thorndale (P&T) Rail Line, the Paoli/Thorndale rail line as well as via the Chester Valley Trail a 10-12 ft. wide paved trail of nearly 15 miles in length. There are currently plans to expand and connect the Chester Valley Trail to this property lot along the Lincoln Hwy side. The Exton area is currently the site of considerable commercial growth and employment and population in both Exton, and West Whiteland Twp as a whole, are projected to soar in the near future. This property is superbly suited for someone who appreciates the extensive history of this elegant property and possesses the vision and resources to capitalize on the commercial opportunity presented by its unparalleled location.
  • Price:
  • $2,250,000
  • Acreage:
  • 1.20
  • Year Built:
  • 1796
  • Listing ID #:
  • PACT526584
  • Street Address:
  • 693 E Lincoln Hwy
  • City:
  • Exton
  • State:
  • Pennsylvania
  • Postal Code:
  • 19341
  • County:
  • Chester
  • Community:
  • West Whiteland Twp (10341)
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Historic Building:
  • Yes
  • Number Of Units:
  • 1
  • Year Built:
  • 1796
  • Year Built Source:
  • Estimated
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • C30: Retail
  • Lot Description:
  • 0.00 X 0.00
  • Lot Features:
  • Corner
  • Lot Square Footage:
  • 52272.00
  • Road Frontage:
  • 311
  • Zoning Description:
  • C30 Comm: Restaurants, Stores (retail)
  • Days On Market:
  • 118
  • Excluded:
  • 1 Commercial Dishwasher Which Is A Rental
  • Included In Sale:
  • All Restaurant Equipment, Inventory, And Furnishings. Chester County Restaurant Liquor License Also Included With This Sale (a $350, 000+ Value)
  • On Market Date:
  • 2020-12-22
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Cross Street:
  • Ship Rd.
  • Location Description:
  • Free Standing
  • Street Direction Prefix:
  • E
  • Street Type:
  • Highway
  • Tax Municipality:
  • West Whiteland Twp
  • City Taxes:
  • 512.00
  • County Taxes:
  • 3266.00
  • Price Per Square Foot:
  • 160.71
  • Property Taxes:
  • $19,322
  • Tax Year:
  • 2021
  • Parking Description:
  • Paved Parking, Private
  • Parking Spaces:
  • 80
  • Parking Type:
  • Parking Lot
  • Cooling Fuel:
  • Electric
  • Cooling System:
  • Central A/C
  • Existing Water:
  • Public
  • Heating:
  • Forced Air, Zoned
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Multi-Tank, Natural Gas
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Kw Commercial
  • © 2021 BRIGHT, All Rights Reserved BRIGHT

Similar Properties

Image Unavailable
$2,390,000
5701 Germantown Ave, Philadelphia, PA 19144
0 Beds | 0 Baths
BRIGHT Listing Provided By RE/MAX Legacy
ACTIVE
Image Unavailable
$2,450,000
907 Leland St, Philadelphia, PA 19130
0 Beds | 0 Baths
BRIGHT Listing Provided By Keller Williams Philly
ACTIVE UNDER CONTRACT
Image Unavailable
$2,450,000
4111 Ludlow St, Philadelphia, PA 19104
0 Beds | 0 Baths
BRIGHT Listing Provided By Simple Choice Realty
ACTIVE