For Sale
$665,000

504 Chestnut StPottstown, PA 19464

High-potential multi-family development site.

Overview

Added:
Feb 3
Days on market:
60
This exceptional 15,430 square foot property, situated on a 0.37-acre lot at the corner of Chestnut and North Washington Streets in Pottstown, PA, presents a unique redevelopment opportunity. Currently designated as an "Old Mill Type" industrial property (Land Use: 3345 Ind), this site is ideally positioned within the Traditional Town Neighborhood Zoning District, making it highly attractive for residential conversion. The borough actively encourages residential development, specifically condos and apartments, addressing a current shortage of rental units in the area. This presents a significant upside for developers seeking to capitalize on this unmet demand. The property's location at 504-512 Chestnut Street (formerly known as 68 N Washington St, a change made by the borough for clarity) offers excellent visibility and accessibility. A successful precedent exists, with a similar warehouse building converted into residential units on Beech and Evans Streets in 2016. This property's size and zoning make it an exceptional investment for developers looking to create a thriving residential community in a desirable Pottstown location. The asking price is $665,000.

Property Details for 504 Chestnut St

Property type
Square Feet
15,430 SF
Year Built
1920
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Pottstown
County
Montgomery
State
Pennsylvania
Latitude
40.24623
Longitude
-75.64165
504 Chestnut St, Pottstown, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
504 Chestnut St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message