3 Acres Zoned TC Mixed Use

Discover prime commercial potential at 222 N Pottstown Pike, Exton—a 3.21-acre property nestled in West Whiteland Township, Chester County, Pennsylvania. Boasting TC Town Center Mixed Use District zoning, this vibrant locale is surrounded by major retailers, restaurants, and financial institutions, just 5 miles from West Chester and 25 miles northwest of Philadelphia. With public utilities readily available and a versatile range of permitted uses—including retail, office, dining, and residential offerings—this property presents an unparalleled opportunity for dynamic commercial development. 

Featuring 5,900 square feet of service buildings, including a 5-bay garage, mechanical garage, 2-car garage, and salt shed, the property accommodates diverse operational needs. In addition, a portion of the parking lot is currently leased to a non-profit group on a month-to-month basis, enhancing community involvement and utilization of the space. 

This property, along with 925 Old Valley Road, Exton is being offered for sale at auction by H.K. Keller Real Estate and Auctions on Thursday, May 2 at 2pm. In-person bidding is available in the Main Meeting Room at the West Whiteland Township Building, 101 Commerce Drive, Exton, PA. Online Bidding is also available at bid.hkkeller.com. For property and auction information, please contact Tim Keller of H.K. Keller at 717-951-3861 or [email protected]. Please see all documents included in this listing. Phase I Environmental Report has been completed. Phase II Environmental Report should be available on March 11. Showings are limited to the scheduled Open House dates of April 3 and April 17, 1pm - 3pm.

By registering as a buyer and/or bidder on the property, you agree to these Terms and Conditions.

The real estate auction will be held on Thursday, May 2, 2024 at 2pm. Online bidding is available starting on Tuesday, April 30 through the live auction happening at 2pm on Thursday, May 2. The auctioneer will stream live from HERE. to sell the property.

This property is being offered free and clear of any liens and encumbrances with no warranties or guarantees in “As-Is” condition with all faults and defects. The sale is not subject to any contingency, including mortgage or inspection contingencies. Purchaser understands that any and all required or needed repairs, inspections, surveys, or permits are strictly and solely Purchaser’s expense and obligation.

There is a 10% buyer's premium paid by the buyer on the winning bid. The winning bid plus the 10% buyer's premium will comprise the total purchase price.

The real estate transfer taxes will be calculated on the total purchase price. The buyer pays both transfer taxes.

The property taxes are estimated to be $35,125 for the current tax year.

Any personal property owned by the tenants remains the tenant's property.

The property is being offered with a reserve and will be sold subject to seller’s confirmation.

The winning bidder will pay a $100,000 down payment and sign the Purchase Agreement and Seller’s Property Disclosure Statement at the conclusion of the auction.

Balance due at settlement. Settle on or before Monday, July 15, 2024.

West Whiteland Township will remain in the property as tenants after property settlement on July 15. The lease will be until December 31, 2024 with 2 one month extensions if needed.

The township will pay $1 per month.

During the period that West Whiteland Township ("Tenant") occupies the property following settlement, the Tenant shall remain responsible for the rendering of any payment of any school, county, or municipal (the “Taxing Bodies”) property taxes associated with the property. No property taxes will accrue to the Owner ("Landlord") during this period. The Landlord is therefore not responsible for any property taxes during this period. Once the Tenant vacates the property, the Landlord will assume responsibility for any reassessment of the improvements on the property and any taxes that may subsequently accrue by the Taxing Bodies. The Tenant's tax exemption ends upon the conclusion of its occupancy. See full lease for details.

Access to Miller Way - West Whiteland Township includes in the terms of sale that the township will allow access to and from Miller Way via the existing driveway. A legal easement or right-of-way will be created by the township by settlement and/or occupancy.

If the purchaser fails to comply with the terms and conditions of this auction or the purchase agreement, the seller may retain the deposit as liquidated damages, and may proceed to make a resale of the property, either at public or private sale.

The seller and/or H.K. Keller has the right to reject any bids.

Only the registered bidder, POA or contracted agent may bid using the registered account, unless arrangements with H.K. Keller have been made.

If you are an online bidder and your bid wins the property, we will give you call regarding collecting the down payment as well as email a Purchase Agreement and Seller’s Property Disclosure Statement to sign electronically or to print, sign, scan and return via email. These documents should be completed and returned within two hours.

Online bidders will have 24 hours from the conclusion of the auction to pay the down payment via wire transfer or cashier’s check unless prior arrangements have been made with the H.K. Keller.

H.K. Keller will pay a 3% commission to a real estate brokerage securing the winning bidder. The 3% commission at auction is calculated on the purchase price. The signed Bidder Registration Form must be submitted to H.K. Keller by 8am on Auction Day, Thursday, May 2, for a brokerage to be compensated. If bidding online, please email completed form to [email protected].

Technical Issues: Neither the company providing the software nor the auction company shall be held responsible for a missed bid or the failure of the software to function properly for any reason. In the unfortunate event of a DDOS attack or server attack/shut down, the auction company reserves the right, but is not required, to extend bidding time. To minimize the chance of being affected by internet or software issues, please use the “Max Bid” feature. Please contact Mike Keller at 717-725-2487 if you need assistance with the online bidding platform or need to bid over the phone.