Under contract

ACTIVE UNDER CONTRACT

220 W Gay St

West Chester PA, 19380

$2,500,000


$216.11 per sqft

Under contract

ACTIVE UNDER CONTRACT

11,568 sqft

Commercial

Built in 2025

SALE: $2,500,000
Introducing a once-in-a-lifetime opportunity to acquire 220 W. Gay Street, an iconic and historic building located in the heart of West Chester. This trophy property, situated in the vibrant downtown area, offers a rare chance to transform a classic West Chester structure into a standout development. With its prime location surrounded by upscale shops, restaurants, and cultural landmarks, the property exudes historic charm and architectural character, making it perfect for an adaptive reuse project.
The possibilities for this property are limitless. Whether you are looking to develop a prestigious Class A office space, create exquisite multifamily residences, or craft a unique private residence, 220 W. Gay Street presents unparalleled potential. Its central location and historic appeal make it an ideal candidate for a Class A office space, attracting professional tenants seeking sophistication and convenience in West Chester's bustling borough. Alternatively, developers can seize the opportunity to build luxury multifamily units, offering tenants modern amenities within a charming historic setting. For the visionary, this property offers the chance to create an award winning program--one that blends exclusivity and luxury with deep ties to West Chester's rich history.
Properties like this rarely come to market, making 220 W. Gay Street a unique investment opportunity. Whether you are an investor, developer, or someone with a dream to build a one-of-a-kind home, this property is your canvas for innovation and legacy in one of West Chester's most desirable locations. Don't miss this extraordinary chance to create something truly special.

PACT2075580

MLS ID

October 4, 2024

Listed

November 22, 2024

Updated

Map

220 W Gay St
West Chester PA, 19380

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Public Sewer

Other Property Details

Area Name

WEST CHESTER BORO


Taxes

$14,872


Tax Frequency

Annually


Days on Market

28


Garage

No


Parking

On Street


Parking Total

7


View

No


County

CHESTER


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/31/2024

Under contract

Listed by Pillar Real Estate Advisors
Listing Contact: 6108887948 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/22/2024 at 1:53 AM UTC

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