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300 N Bailey Road

THORNDALE, PA 19372
  • $1,199,000
  • STATUS: Active
  • ON SITE: 63 Days
  • ID#: PACT2048456
Price Reduced
UPDATED: 52 min ago
$1,199,000
  • 0
    BEDS
  • 3.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

School District:

Description

Attention Investors, Restaurateurs, Historians, or if your looking for 1031 Exchange property! This is your chance to own a piece of history in the heart of Chester County, this 12,464 SQ FT Mansion belonged to President Buchanan in the past and it has 6 fireplaces, large rooms, high ceilings, and exudes history and charm. This Magnificent Mansion is situated on 3.3 acres overlooking Ingelside Golf course and was a thriving upscale restaurant and bar before covid caused them to shut down.The price includes a Chester county Type R Liquor License, Building, and all of the equipment in the building. This massive 12,464 SQ FT building sits on 3.30 acres and has 60+ on-site parking spaces with lighting., Type R Liquor Licenses are movable throughout Chester county, meaning the purchaser can choose to move it into other townships if proper approval is acquired.The Liquor License is also available for purchase without the building at a price of $600,000 directly from the seller. Transferring the license out of Caln Township can take over 90 days for PLCB to complete the paperwork. If both the building and the liquor license are purchased together, the Liquor license must be settled prior to building at the settlement table. The seller will either sell the liquor license by itself or the building and the license together. Type R Liquor licenses do not become available very oftenThe property is zones R-5 (Pre-Existing Planned Residential Community). Other uses may be possible but the buyer must verify with Caln Township and may require township approval. Buyers are recommended to do their due diligence to inquire about possible alternative uses. Owners belongings are not included in the sale and they will be removed before settlement. The Listing Agent and the Seller are related.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-22T17:54:12.313.
www.johnkrizateam.com/homes/141658593
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300 N Bailey Road THORNDALE, PA 19372

  • Price: $1,199,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 52 min ago
  • ID#: PACT2048456
0
Beds
0
Baths
0
½ Baths
3.3
Acres
1930
Built
Neighborhood:
Caln Twp (10339)
County:
Chester
Area:
Caln Twp (10339)
School District:
Coatesville Area
Property Description
Attention Investors, Restaurateurs, Historians, or if your looking for 1031 Exchange property! This is your chance to own a piece of history in the heart of Chester County, this 12,464 SQ FT Mansion belonged to President Buchanan in the past and it has 6 fireplaces, large rooms, high ceilings, and exudes history and charm. This Magnificent Mansion is situated on 3.3 acres overlooking Ingelside Golf course and was a thriving upscale restaurant and bar before covid caused them to shut down.The price includes a Chester county Type R Liquor License, Building, and all of the equipment in the building. This massive 12,464 SQ FT building sits on 3.30 acres and has 60+ on-site parking spaces with lighting., Type R Liquor Licenses are movable throughout Chester county, meaning the purchaser can choose to move it into other townships if proper approval is acquired.The Liquor License is also available for purchase without the building at a price of $600,000 directly from the seller. Transferring the license out of Caln Township can take over 90 days for PLCB to complete the paperwork. If both the building and the liquor license are purchased together, the Liquor license must be settled prior to building at the settlement table. The seller will either sell the liquor license by itself or the building and the license together. Type R Liquor licenses do not become available very oftenThe property is zones R-5 (Pre-Existing Planned Residential Community). Other uses may be possible but the buyer must verify with Caln Township and may require township approval. Buyers are recommended to do their due diligence to inquire about possible alternative uses. Owners belongings are not included in the sale and they will be removed before settlement. The Listing Agent and the Seller are related.
Exterior Features

Construction Materials Block Garage YN No Location Type Suburban Lot Features ClearedFront YardPrivateCornerLevelRear YardRoad Frontage Parking Features Handicap ParkingPaved ParkingPrivate Parking Types Parking Lot Riparian Rights YN No Road Responsibility Boro/Township Road Surface Type Access - On Grade Roof Built-UpFlatPitchedShingle View Golf CoursePanoramic Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 12464.00 Cooling Central A/C Exclusions Any Leased Items Flooring Tile/BrickWoodCarpetLaminated Heating Hot Water Heating YN Yes Net Square Feet 12000.00

Property Features

Acceptable Financing ConventionalCash Accessibility Features 2+ Access ExitsEntry Slope <1'Level Entry - Main Assessment Year 2023 Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Cross Street Horseshoe Dr Electric 200+ Amp ServiceCircuit Breakers Foundation Details StoneConcrete Perimeter Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Municipality Caln Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802452965168 Ownership Interest Fee Simple Possession 61-90 Days Cd90-120 Days CdNegotiable31-60 Days Cd Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 15161.00 Tax Assessment Amount 297880.00 Tax Lot 0091.0600 Utilities Water AvailableSewer AvailableNatural Gas AvailableElectric AvailablePhoneCable Tv Available Vacation Rental YN No Water Source Public Zoning R-5

Listing courtesy of : .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-22T17:54:12.313.
 
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