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Investment Highlights

  • Rare industrial condo ownership opportunity in supply-constrained West Chester
  • Own instead of lease in supply-constrained West Chester
  • Minutes to Rt 202, Rt 322 and Downtown West Chester
  • Flexible for investors or owner-users; individual units available for sale
  • I-3 zoning in established West Goshen Township industrial park
  • Masonry construction, steel frame, high clear ceilings

Executive Summary

890 Fernhill Rd is a multi-tenant industrial/flex building in the established Fern Hill industrial corridor of West Goshen Township, Chester County. Built in 1979 and extensively updated, the building features masonry (CMU) construction with steel frame, high clear ceilings and has been converted to condominium ownership, offering a rare opportunity to own, rather than lease, small-bay industrial space in one of the tightest submarkets in the Philadelphia metro. The building is divided into individual industrial condo units combining functional warehouse with finished office components. Loading is a standout: multiple dock-height positions with bumpers plus drive-in doors. Units feature gas-fired unit heaters, heavy power and flexible layouts suited to contractors, automotive uses, light manufacturing, distribution, and service businesses. I-3 zoning permits a broad range of industrial uses. With ample on-site parking, the property sits minutes from Route 202, Route 322, and Downtown West Chester. Professionally managed condominium association. Units available for sale individually; see individual listings for pricing and availability.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit A + B
  • 4,678 SF
  • Industrial
  • $1,384,221 CAD ($295.90 CAD/SF)
  • $81,085.81 CAD
Sale Type Investment or Owner User
Cap Rate 5.86%
No. Parking Spaces 2
Description
Unit A+B at 890 Fernhill Rd is a 4,678 SF first-floor industrial condo in West Chester's Fern Hill industrial corridor. The unit combines clean, functional warehouse space with a fully renovated office component featuring a reception/lounge area, private office, kitchenette and restroom finished with modern flooring and updated lighting. The warehouse offers high clear ceilings with exposed steel structure, drive-in and dock-height loading, heavy power, a built-in mezzanine for additional storage and durable block construction. This unit has road-front visibility in an established multi-tenant industrial park. Minutes to Route 322, Route 202 and Downtown West Chester.
Sale Notes
Rare opportunity to own a turnkey flex/industrial condo in the supply-constrained West Chester submarket where small-bay industrial ownership opportunities are nearly nonexistent. Unit A+B is currently occupied by a tenant on a month-to-month lease, giving a buyer maximum flexibility: keep the tenant in place for immediate income or take occupancy for your own business with minimal lead time. Ideal for contractors, automotive businesses, trades, manufacturing or service businesses seeking to own rather than lease. Professionally managed condominium association in-place.
  • Unit G + H
  • 3,839 SF
  • Industrial
  • $1,082,081 CAD ($281.87 CAD/SF)
  • $66,466.48 CAD
Sale Type Investment or Owner User
Cap Rate 6.14%
No. Parking Spaces 10
Description
Unit G + H at 890 Fernhill Rd is a premier industrial condo offering some of the best loading in the building. This unit delivers 2 dock-height loading bays plus 2 drive-in doors, a combination that's nearly impossible to find at this size in Chester County. Inside, the space is bright, clean, and wide open: painted white block walls, epoxy-coated floors, LED high-bay lighting throughout, gas-fired unit heaters and high clear ceilings under an exposed steel structure. A true blank canvas. This unit features a dedicated glass-front, covered entrance and two man doors in the rear, masonry (CMU) construction with steel frame, ample on-site parking, and I-3 zoning in West Goshen Township that accommodates a wide range of industrial, automotive, contractor, and service uses. Minutes to Route 202, Route 322, and Downtown West Chester.
Sale Notes
With income in place, Unit G+H is leased through February 2027, delivering immediate cash flow from day one with a clearly defined path to owner occupancy or a market-rate re-lease in under 6 months. For investors: a low-management, income-producing asset in one of the tightest industrial submarkets in the Philadelphia metro, where small-bay vacancy is very low. For owner-users: buy now, collect rent while you plan, and take occupancy at lease expiration.
Unit Unit Size Condo Use Price NOI
Unit A + B 4,678 SF Industrial $1,384,221 CAD ($295.90 CAD/SF) $81,085.81 CAD
Unit G + H 3,839 SF Industrial $1,082,081 CAD ($281.87 CAD/SF) $66,466.48 CAD

Unit A + B

Unit Size
4,678 SF
Condo Use
Industrial
Price
$1,384,221 CAD ($295.90 CAD/SF)
NOI
$81,085.81 CAD

Unit G + H

Unit Size
3,839 SF
Condo Use
Industrial
Price
$1,082,081 CAD ($281.87 CAD/SF)
NOI
$66,466.48 CAD

Unit A + B

Unit Size 4,678 SF
Condo Use Industrial
Price $1,384,221 CAD ($295.90 CAD/SF)
NOI $81,085.81 CAD
Sale Type Investment or Owner User
Cap Rate 5.86%
No. Parking Spaces 2
Description
Unit A+B at 890 Fernhill Rd is a 4,678 SF first-floor industrial condo in West Chester&#39;s Fern Hill industrial corridor. The unit combines clean, functional warehouse space with a fully renovated office component featuring a reception/lounge area, private office, kitchenette and restroom finished with modern flooring and updated lighting. The warehouse offers high clear ceilings with exposed steel structure, drive-in and dock-height loading, heavy power, a built-in mezzanine for additional storage and durable block construction. This unit has road-front visibility in an established multi-tenant industrial park. Minutes to Route 322, Route 202 and Downtown West Chester.</li></ul>
Sale Notes
Rare opportunity to own a turnkey flex/industrial condo in the supply-constrained West Chester submarket where small-bay industrial ownership opportunities are nearly nonexistent. Unit A+B is currently occupied by a tenant on a month-to-month lease, giving a buyer maximum flexibility: keep the tenant in place for immediate income or take occupancy for your own business with minimal lead time. Ideal for contractors, automotive businesses, trades, manufacturing or service businesses seeking to own rather than lease. Professionally managed condominium association in-place.</li></ul>

Unit G + H

Unit Size 3,839 SF
Condo Use Industrial
Price $1,082,081 CAD ($281.87 CAD/SF)
NOI $66,466.48 CAD
Sale Type Investment or Owner User
Cap Rate 6.14%
No. Parking Spaces 10
Description
Unit G + H at 890 Fernhill Rd is a premier industrial condo offering some of the best loading in the building. This unit delivers 2 dock-height loading bays plus 2 drive-in doors, a combination that&#39;s nearly impossible to find at this size in Chester County. Inside, the space is bright, clean, and wide open: painted white block walls, epoxy-coated floors, LED high-bay lighting throughout, gas-fired unit heaters and high clear ceilings under an exposed steel structure. A true blank canvas. This unit features a dedicated glass-front, covered entrance and two man doors in the rear, masonry (CMU) construction with steel frame, ample on-site parking, and I-3 zoning in West Goshen Township that accommodates a wide range of industrial, automotive, contractor, and service uses. Minutes to Route 202, Route 322, and Downtown West Chester.</li></ul>
Sale Notes
With income in place, Unit G+H is leased through February 2027, delivering immediate cash flow from day one with a clearly defined path to owner occupancy or a market-rate re-lease in under 6 months. For investors: a low-management, income-producing asset in one of the tightest industrial submarkets in the Philadelphia metro, where small-bay vacancy is very low. For owner-users: buy now, collect rent while you plan, and take occupancy at lease expiration.</li></ul>

Property Facts

The following property facts and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 4,678 SF
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Showroom
  • Industrial Service
Building Class B
Floors 1
Typical Floor Size 4,678 SF
Year Built 1979
Lot Size 2.00 AC
Zoning I3

Utilities

  • Water - City
  • Sewer - City
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 41318972

  • Date on Market: 2026-07-16

  • Last Updated:

  • Address: 890 Fernhill Rd, West Chester, PA 19380

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