861 Kimberton Rd
Chester Springs, PA 19425
Stickman Brews · Retail Property For Sale

$100,000 PRICE REDUCTION!!!!!!!!! KW Commercial presents this stabilized retail property that is located at 861 Kimberton Road, Chester Springs, PA 19425; also known as PA Route 113; is in affluent Chester County and sits at the busy signalized intersection of PA-Route 113 and PA-Route 401 in West Pikeland Township. The commercial property consists of a 2,200 square feet restaurant/brewery, which was built in 1968 and renovated in 1993. The property is a corner property on the main thoroughfares of Route 113, which has an average daily vehicle count of 20,000 vehicles, and Route 401, which has an average daily vehicle count of 11,000 vehicles on these section of the roads; offering high exposure of this property to passerby vehicles. The property currently has a retail tenant, Stickman Brews, which is a micro-brewery that has a five-year lease in place and that lease expires in 2023, with one five-year extension in place; offering stabilization to the new owner of the property. The property is a 1.10 acre, (47,916 SF), future redevelopment opportunity and is currently zoned V-1 (Village Preservation District 1), which allows for commercial use. This corner property is an ideal location for either a national flag banking institution and/or a national flag drug store chain that is not yet in the immediate area. Chester Springs' population is expected to grow 18.44% by 2022 and this sub-market has seen a growth of 64.37% since 2000. With the town projecting so much growth in the upcoming years, more shopping and services will be needed to accommodate the new residents and this site is the perfect development opportunity to support the town's needs. The property would be attractive to a number of potential buyers due to its high-exposure location and being located in a rapidly growing area. This corner property gives potential buyers the opportunity to either own a stabilized retail property with a brewery as the tenant; or upon the current lease expiring, to develop this pad site with a new structure for a national flag retailer to be located here. The growing population will easily be able to support whichever investor purchases this property.