Skip To Content

--
  • --
    BEDS
  • --
    ACRES
  • --
    BATHS
  • --
    1/2 BATHS
  • --
    SQFT
  • --
    $/SQFT

Listing Details

Status
--
On Site
--
On Market
--
MLS #
--
Neighborhood
--
Type
--
Built
--
County
--
Area
--

School Ratings & Info

School District

Description

VALUE ADD OPPORTUNITY KW Commercial is proud to present for sale the Ship Inn property, located at 693 E. Lincoln Hwy, in Exton PA 19341, which can be purchased at $124/SF in a retail market selling currently at over $200/SF and accelerating.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 , 14,500 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. 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 all furnishings.(Chester County Restaurant Liquor License also available at $400,000).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.

Monthly Payment Calculator



©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Yellow Door Team | Douglas Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-08-05T21:53:40.263.
www.yellowdoorteam.com/homes/112802938
Print Image

693 E Lincoln Highway EXTON, PA 19341

  • Price: $1,795,000
  • Status: Active
  • Updated: 73 min ago
  • ID#: PACT526584
0
Beds
0
Baths
0
½ Baths
1.2
Acres
1796
Built
Neighborhood:
West Whiteland Twp (10341)
County:
Chester
Area:
West Whiteland Twp (10341)
School District:
West Chester Area
Property Description
VALUE ADD OPPORTUNITY KW Commercial is proud to present for sale the Ship Inn property, located at 693 E. Lincoln Hwy, in Exton PA 19341, which can be purchased at $124/SF in a retail market selling currently at over $200/SF and accelerating.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 , 14,500 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. 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 all furnishings.(Chester County Restaurant Liquor License also available at $400,000).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.
Exterior Features

Construction Materials StoneStucco Garage YN No Location Type Free Standing Lot Features Corner Parking Features Paved ParkingPrivate Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 14000.00 Cooling Central A/C Exclusions 1 Commercial Dishwasher Which is A Rental Heating Forced AirZoned Heating YN Yes Inclusions All Restaurant EquipmentInventoryAnd Furnishings. Chester County Restaurant Liquor License Also Available For Sale ($400000+ Value) Net Square Feet 14000.00

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Cross Street Ship Rd. Elevators 0 Heating Fuel Natural Gas Historic YN Yes Hot Water Multi-TankNatural Gas Lease Considered YN No Municipality West Whiteland Twp Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 304429537102 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 19322.00 Tax Assessment Amount 717570.00 Tax Lot 0075 Vacation Rental YN No Water Source Public Year Built Effective 2001 Zoning C30: Retail Zoning Description C30 Comm: RestaurantsStores (Retail)

Listing courtesy of Kw Commercial.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Yellow Door Team | Douglas Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-08-05T21:53:40.263.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_304429537102-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_304429537102-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_304429537102-2.jpg
Logo
The Yellow Door Team | Douglas Realty
500 N Washington Street
Alexandria VA, 22314