159 High StPottstown, PA 19464

Property Details for 159 High St

Year built

1960

Lot size

0.38 AC

Property size (Sq ft)

45,382 SF

Zone code

D

Property type

Office properties

Property subtype

Office buildings

APN

16-00-14728-00-7

APU

160014728007

Description

This unique commercial property at 159 E High Street, Pottstown, PA, offers exceptional versatility and prime downtown visibility. Situated on a 0.38-acre lot at a major intersection, this building presents numerous possibilities for a variety of businesses. The first floor features several rooms adaptable to various needs, with the option to remove walls for a large open space. This floor's abundant natural light, thanks to numerous windows, makes it ideal for office space or a restaurant with captivating nighttime views. A potential outdoor seating area in a garden space adds further appeal. The second floor currently offers mostly open space, easily divisible into smaller units for multiple tenants. The property's location is unparalleled, within walking distance of restaurants, beer gardens, breweries, and the Schuylkill River Trail. Its proximity to Montgomery County Community College and The Hill School provides convenient access to a large potential customer base. The lease terms and price are negotiable, depending on the desired square footage and any build-out requirements. Potential uses are extensive and include, but are not limited to: fitness center, bookstore/coffee shop, light manufacturing, research laboratories, and retail. Contact us to discuss your specific needs and explore the many possibilities this exceptional property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $12,522,484

  6.5%

  $11,559,216

  7%

  $10,733,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,225,986

  Geo Method

  $5,929,612

• Alternative Use

  Use

  Valuation

  Residential

  $14,333,427

  Hospitality

  $13,129,342

  Educational

  $10,923,459

  Medical

  $11,299,133

  Retail

  $16,992,046

Location Insight

City

Pottstown

County

Montgomery

State

Pennsylvania

Latitude

40.246

Longitude

-75.6507

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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