623 Schuylkill RdPhoenixville, PA 19460

This exceptional 2,528 square foot retail property, situated on a 0.65-acre lot at 623 Schuylkill Road in Phoenixville, PA, presents a unique investment opportunity. Currently housing a well-established restaurant and ice cream shop, this property boasts significant upside potential due to its prime location within a rapidly expanding market. The property benefits from exceptionally high daily traffic counts (12,000-17,000 vehicles) on Route 724, a major thoroughfare connecting Phoenixville and Pottstown. Its proximity to a new elementary school (opening 2025), two upscale residential communities (featuring homes priced over $600,000), and a new mixed-use apartment and retail development further enhances its desirability. The property itself includes a 30+ seat restaurant with an in-line kitchen, a separate ice cream/takeout area, a walk-in refrigerator, additional prep space with a pizza oven, and a utility room with a half-bath. Located just outside the vibrant downtown Phoenixville area, this property offers the best of both worlds: high visibility and access to a thriving community. Zoned MU (Mixed Use) in East Pikeland Township, it allows for diverse operational possibilities. Furthermore, its location within a LERTA (Local Economic Revitalization Tax Assistance) overlay district may qualify the new owner for tax exemptions on improvements. This is a rare chance to own a well-positioned commercial property in a booming area, offering substantial returns for an owner-user with vision. The asking price is $599,900.