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693 E Lincoln Highway,  Exton PA, 19341

(Active)
$2,250,000
|
5 baths, 14,000 sqft
|
MLS# PACT526584
1of
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Last Updated: 3/5/2021 1:55 AM
Description for 693 E Lincoln Highway Exton, PA 19341
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
CHESTER
5
14,000 (approx)
PACT526584
Active
Description
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.
Listing Information
Property Type: Retail, Other
5 1.2 Acres
3O 14,000 (approx) $160.71
1796
Gas Water Heater, Public Water Service
Public Sewer
1 Total
Neighborhood
Room Information
Interior Features
Central Air, Electric
Gas Heat, Forced Air, Zone
Exterior / Lot Features
Private
Stucco, Stone
None
0.00 x 0.00
C30: RETAIL
Freestanding, Corner
Driving Directions
Lincoln Hwy & Ship Rd.
Financial Considerations
$19,322
2021
Listing Price History

Exton Real Estate

Exton is located in Pennsylvania. Exton, Pennsylvania 19341 has a population of 4,682.

The median household income in Exton, Pennsylvania 19341 is $93,113. The median household income for the surrounding county is $89,595 compared to the national median of $57,525. The median age of people living in Exton 19341 is 41 years.

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Courtesy: KW Commercial
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved
This content last refreshed on 3/5/2021 1:55 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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