711 Hollow Road, Phoenixville, Pennsylvania 19460
Listing IDPAMC2006624
Price$3,900,000
StatusACTIVE
SqFt
17,950
Acres
4.430
CountyMontgomery
Year Built2002
Property TypeCommercial Sale
Property Sub TypeSpecial Purpose
Ideal owner/user opportunity for Medical or Educational use just outside the Borough of Phoenixville, PA. This 17,950 square foot specialty building was built in 2007 and sits on a 4.43-acre lot. Previously used as a location for Chesterbrook Academy, the building layout currently consists of approximately 14 classrooms all with running water/sinks, a gymnasium, and a commercial kitchen. The outdoor area has a soccer field, a basketball court, and a gymnasium play area. Directly adjacent to the property a new 49 home community is being built by DR Hortons and scheduled for completion in 2021. - Located at the corner of Hollow Road and Egypt Road, this property has outstanding exposure and is surrounded by many residential communities. Route 422 is located less than five miles from the building providing easy access to The PA Turnpike, Route 202, and Interstate i76. - Phoenixville, PA is an affluent suburb of Philadelphia, with over $150,000 in average household income within a one-mile radius. Egypt Road experiences average daily traffic counts exceeding 19,000 vehicles per day. There are more than 18,000 individuals residing within a three-mile radius of the property and more than 49,000 individuals within a five-mile radius, with an expected growth rate of 5.85%. - The is approximately 3.5 miles from the University of Valley Forge, which boasts a total student enrollment exceeding 1,200 and offers 50 + undergraduate programs and seven graduate programs. The 144-bed Phoenix Hospital Tower Health lies approximately two miles east of the subject property and features an award-winning cardiovascular program, a fully accredited cancer center, and the area's largest Robotic Surgery Center. - 15 Minutes to King of Prussia 40 Minutes to Philadelphia - Chesterbrook Academy has an existing lease on the property that has since gone dark. The current lease term expires on August 1st, 2022. The property is currently move-in ready and is regularly maintained per the terms of the lease. The building is equipped with sprinklers, central fire alarms, and a security system adding additional peace of mind and safety.
County
Montgomery
Price/SqFt
217.27
Property Sub Type
Special Purpose
Property Type
Commercial Sale
Year Built
2002
Zoning
M-1 OFFICE / LIMITED INDU
Building Total SqFt Source
Estimated
Central Air
yes
Cooling Type
Central A/C
Heating
yes
Heating Type
Forced Air
Car Parking Spaces
60
Construction Materials
Concrete, Mixed Plumbing, Mixed
Cooling Fuel
Electric
Heating Fuel
Natural Gas
Hot Water
Natural Gas
Lot Dimensions Source
Estimated
Lot Features
Rear Yard, Corner
Lot Size Dimensions
731.00 x 0.00
Lot Size Source
Estimated
Lot Size Units
Square Feet
New Construction
no
Sewer Septic
Public Sewer
Tidal Water
no
Total Garage and Parking Spaces
60
Type of Parking
Parking Lot
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Country
US
MLS Area
Upper Providence Twp (10661)
Municipality
UPPER PROVIDENCE TWP
Waterfront
no
Zoning Description
M-1 Office / Limited Industrial District
Accessibility Features
32"+ wide Doors, 48"+ Halls, Accessible Switches/Outlets, Chairlift, Doors - Lever Handle(s), Doors - Swing In, Entry Slope
Business Type
Day Care Facility, Flex, Garden Center, Medical, Professional, Recreation, Religious Facility, School, Vet/Kennel, Other
Days on Market
212
Land Use Code
4257
Potential Tenancy
Single
Property Manager
N
Year Assessed
2021
Year Built Source
Estimated
Association Recreation Fee
N
Automatically Update Tax Values
no
Ground Rent Exists
yes
Lease Considered
yes
Net SqFt
17950
Ownership Interest
Fee Simple
Possession
Negotiable
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
52285
Tax Assessed Value
1564990
Tax Lot
010
Tax Year
2020
Vacation Rental
no
Contact - Listing ID PAMC2006624
Brett Furman
528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060
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