24 Charlotte StPottstown, PA 19464

Property Details for 24 Charlotte St

Year built

1910

Lot size

0.06 AC

Property size (Sq ft)

6,448 SF

Zone code

TTN

Property type

Investment properties

Property subtype

Live-work space

APN

16-00-03176-00-3

APU

160003176003

Description

This exceptional 1,250 square foot commercial space, located at 24 N Charlotte Street in Pottstown, PA, presents a unique opportunity for a variety of businesses. Situated in Montgomery County, this single-tenant property boasts a prime location with high visibility and significant foot traffic, making it ideal for retail, office, or service-based enterprises. The building, constructed in 1880, is a three-story structure with a charming historic character. While the main space offered is 1,250 square feet, the total building size is not specified. The property includes two parking spaces, a significant asset in a bustling downtown area. Its convenient location near King Street further enhances its accessibility and appeal. The flexible layout allows for customization to suit diverse business needs, making it an attractive option for entrepreneurs seeking a space to establish or expand their operations. The property's history and location offer a unique blend of character and convenience, promising a thriving business environment. This is a rare opportunity to secure a well-positioned commercial space in a vibrant community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,779,229

  6.5%

  $1,642,365

  7%

  $1,525,054

• Comparable approach

  Method

  Valuation

  Relative Method

  $884,605

  Geo Method

  $842,496

• Alternative Use

  Use

  Valuation

  Residential

  $2,036,533

  Hospitality

  $1,865,453

  Educational

  $1,552,035

  Medical

  $1,605,412

  Retail

  $2,414,277

Location Insight

City

Pottstown

County

Montgomery

State

Pennsylvania

Latitude

40.246

Longitude

-75.6473

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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