711 HOLLOW ROAD

PHOENIXVILLE, PA, 19460

$3,900,000

$217 per ft²
$3,900,000
$217 per ft²
Active
Active
 - For Sale
carpenters-square
17,950 ft²
property_type
Commercial
calendar
Built 2002
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.
MLS® ID:
PAMC2006624
Updated:
10/1/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Forced Air

Exterior/Building Features

Lot Size
4.43 acres lot
Lot Details
Rear Yard, Corner
Sewer
Public Sewer

School Information

School District
UPPER PERKIOMEN

Other Property Details

Area Name
Upper Providence Twp (10661)
Taxes
$52285.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
MONTGOMERY
Water Source
Public
Pool
No
Zoning
M-1 OFFICE / LIMITED INDU

Property History

Date
Event
Price
Value
2/15/22
Price Change
$3,900,000
-13%
10/15/21
Price Change
$4,500,000
-22%
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