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2568-2590 New Schuylkill Rd
Spring City, PA 19475
Land For Sale
·
3.17 AC

PROPERTY FACTS
DESCRIPTION
This large multi-tenant retail property and another commercially zoned vacant lot, which sits side by side to each other; are ideal for either securing a prime retail or industrial asset that can house multiple tenants, or for a redevelopment opportunity on a main thoroughfare in the emerging Spring City, PA sub-market. These properties, located at 2568-2590 New Schuylkill Road, Spring City, PA 19475, are a combined 3.17 acres (138,050 SF). Both commercial properties are in East Coventry Township, which is inside of historic and affluent Chester County. The first property is located at 2568 New Schuylkill Road (PA-Route 724), is a 2.1692 acre (94,940 SF) retail property with a large surface parking lot in the front of the property. This multi-tenant retail property currently has a 9,852 SF two (2) suite retail structure in the middle of the property and also has a 5,000 SF warehouse building on the rear of the property: totaling 14,852 SF of leasable space. This first property also has approximately 260 feet of frontage along busy PA-Route 724. The second property is located at 2590 New Schuylkill Road (PA-Route 724), is a 1 acre (43,560 SF) vacant land lot, and is ideal for developing into a new commercial building. This vacant lot property has approximately 150 feet of frontage along PA-Route 724. Both properties sit on busy PA-Route 724, which has an average annual daily vehicle count of 13,000 cars, offering high exposure to tenants of these properties. The multi-tenant retail building was built in 1971 and the warehouse building was built in 1975. The 9,852 SF masonry and concrete block retail building has two (2) suites with a 1,976 SF office suite that has the tenant, Starliper & Associates, which is a restaurant equipment broker and they’re on a month to month lease. The remaining 7,876 SF had Sports N Turf retail store as the second tenant, which was occupied by the owner/user of the property, but this space will now be vacant. The 5,000 SF warehouse in the rear of the first property was used as storage and a repair shop by Sports N Turf, but this space will also now be vacant; allowing a new owner to come in and either occupy this vacant retail/warehouse space or allow for a developer to come in and redevelop both properties into either a new retail, office, industrial or a small multi-family structure, possibly for senior housing. The property is zoned C (Commercial District) and all the permitted uses can be found on the pages to follow. Both properties have over 400 feet of frontage along PA-Route 724 and this sub-market of Spring City, PA has seen a population growth of 13.74% since 2010, showing an emerging and developing sub-market that needs more retail space to support the new residents. These properties sit only 4.9 miles to Phoenixville, PA’s retail district; 5.4 miles to the Coventry Mall in North Coventry Township; 4.7 miles to U.S-Route 100 and 4.2 miles to U.S.-Route 422 in Royersford, offering a centralized location to major retail outlets and major highways in this market.
PROPERTY TAXES
| Parcel Number | 18-005-0085.0300 | Improvements Assessment | $430,980 |
| Land Assessment | $70,130 | Total Assessment | $501,110 |
PROPERTY TAXES
Listing ID: 17576949
Date on Market: 10/29/2019
Last Updated:
Address: 2568-2590 New Schuylkill Rd, Spring City, PA 19475
The Land Property at 2568-2590 New Schuylkill Rd, Spring City, PA 19475 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
