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401 Chandler Dr - Hershey's Mill Golf Club

22,000 SF Sports & Entertainment Building Offered at £7,821,099 in West Chester, PA 19380

Investment Highlights

  • Great local demographics - 1,720 homes in the Hershey’s Mill Community
  • Proximity to Philadelphia market
  • Opportunity to grow Food and Beverage and Banquet business
  • Located in an over 55 active adult community
  • Long term profitable lawn maintenance business included

Executive Summary

Hershey's Mill Golf Club is a 18 hole, private country club located in a 55+ adult active community. The high end club features a well appointed clubhouse that includes 2 restaurants and banquet facility for up to 160 guests. Ownership also provides landscaping and snow service for the many of the residents in the community. There are 1720 homes in the Hershey’s Mills Community.
Hershey’s Mill is a premier 55 + communities in PA, only 24 miles from Center City Philadelphia, and adjacent to the suburban “Main Line”. Nestled on 800 acres of natural beauty and stunning landscaping, Hershey’s Mill is an exciting active adult, gated community with miles of walking and biking paths, community pools, pickleball, tennis courts and a shopping center.
The golf club has significant upside potential on the food and beverage side of the business by tapping deeper into the local residents. With total revenues close to $7.0 million Hershey’s Mill is poised for revenue and income growth with a fresh approach to marketing and membership.
The original developer is now located out of state and is looking to divest from the property at this time to focus on other business interests.

Property Facts

Price £7,821,099
Price Per SF £356
Sale Type Investment
Sale Conditions
Ground Lease Sold
  • Business Value Included
Property Type Sports & Entertainment
Property Subtype Golf Course/Driving Range
Building Class C
Lot Size 133.00 AC
Building Size 22,000 SF
Number of Floors 2
Year Built 1981
Parking Ratio 7.28/1,000 SF

About 401 Chandler Dr , West Chester, PA 19380

High End 18 Hole Private Club with full service 25,000 square foot clubhouse. Includes landscaping and snowplowing business.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
53-002-0025.0000
Land Assessment
£458,846
Improvements Assessment
£644,071
Total Assessment
£1,102,917

zoning

Zoning Code Open Space (Open Space)
Open Space (Open Space)
  • Listing ID: 32640539

  • Date on Market: 31/07/2024

  • Last Updated:

  • Address: 401 Chandler Dr, West Chester, PA 19380

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