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Pigeon Creek Saloon & Eatery 1703 Pottstown Pike 6,300 SF 100% Leased Retail Building Pottstown, PA 19465 $1,800,000 ($285.71/SF)
INVESTMENT HIGHLIGHTS
- Highway Visability
- Turn Key Operation
- Large Building in Excellent Condition
- Chester County Location
EXECUTIVE SUMMARY
- Exciting opportunity to own the current Pigeon Creek Saloon & Eatery, an innovative American eatery celebrated for its delectable menu, scratch kitchen, draft beers and live music.
- 7,276 sf - 2 Story building
- Prime location with convenient access to major highways and local amenities.
- Interior is tastefully decorated with natural wood and impressive open two-story bar area.
- Full liquor license (available as well)
- modern equipped kitchen with recent renovations.
- Comfortably handles a 232 person occupancy with a few private bar settings for multiple parties at one time.
- Ample parking for 105 cars in the main and rear lots.
- Seller has multiple properties and may consider a package sale.
- 7,276 sf - 2 Story building
- Prime location with convenient access to major highways and local amenities.
- Interior is tastefully decorated with natural wood and impressive open two-story bar area.
- Full liquor license (available as well)
- modern equipped kitchen with recent renovations.
- Comfortably handles a 232 person occupancy with a few private bar settings for multiple parties at one time.
- Ample parking for 105 cars in the main and rear lots.
- Seller has multiple properties and may consider a package sale.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$96,000
|
$15.24
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$96,000
|
$15.24
|
| Taxes |
$20,205
|
$3.21
|
| Operating Expenses |
$37,300
|
$5.92
|
| Total Expenses |
$57,505
|
$9.13
|
| Net Operating Income |
$38,495
|
$6.11
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $15.24 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $15.24 |
| Taxes | |
|---|---|
| Annual | $20,205 |
| Annual Per SF | $3.21 |
| Operating Expenses | |
|---|---|
| Annual | $37,300 |
| Annual Per SF | $5.92 |
| Total Expenses | |
|---|---|
| Annual | $57,505 |
| Annual Per SF | $9.13 |
| Net Operating Income | |
|---|---|
| Annual | $38,495 |
| Annual Per SF | $6.11 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,300 SF
Building Class
B
Year Built
2005
Price
$1,800,000
Price Per SF
$285.71
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.09
Lot Size
1.60 AC
Zoning
RC - Rural Conservation
Parking
23 Spaces (3.65 Spaces per 1,000 SF Leased)
Frontage
239’ on Pottstown Pike
AMENITIES
- Pylon Sign
- Restaurant
- Security System
- Signage
- Storage Space
- Air Conditioning
- Balcony
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20-002-0111.0000 | Total Assessment | $498,600 |
| Land Assessment | $47,480 | Annual Taxes | $20,205 ($3.21/SF) |
| Improvements Assessment | $451,120 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
20-002-0111.0000
Land Assessment
$47,480
Improvements Assessment
$451,120
Total Assessment
$498,600
Annual Taxes
$20,205 ($3.21/SF)
Tax Year
2025
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Pigeon Creek Saloon & Eatery | 1703 Pottstown Pike
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