62 High St Pottstown, PA 19464

This fee-simple, vacant storefront property at 62 E High St #64 in Pottstown, PA, offers a significant investment opportunity. The 12,948 square foot building sits on a 1.02-acre lot (44,605 sq ft) and is zoned Downtown (D), allowing for versatile commercial use. Originally built in 1970, the single-story building features high ceilings (15+ feet), a robust security system, and oil/hot water heating. The property includes a spacious bar room, large kitchen, social room, banquet hall, and ample public restrooms. With over 75 parking spaces available, this free-standing building offers unparalleled convenience and accessibility. Its prime downtown location, half a block from Montgomery Community College, ensures high foot traffic and visibility. The property's proximity to major highways, railway, and bus routes further enhances its appeal. The asking price is $1,750,000, with a pro-forma cap rate of 10.71% and a pro-forma NOI of $187,470. The building's previous use as the Treasured Heirlooms Auction House demonstrates its adaptability to various commercial ventures. This is a rare opportunity to acquire a substantial property in a thriving downtown area. The APN is 16-00-13800-008.