415 High StPottstown, PA 19464

Property Details for 415 High St

Year built

1968

Lot size

0.62 AC

Property size (Sq ft)

7,570 SF

Zone code

D

Property type

Banks

APN

16-00-14908-00-7

APU

160014908007

Description

This exceptional 2-story commercial building, located at 415 High Street in Pottstown, PA, presents a unique investment or owner-use opportunity. Previously a well-established bank, this 0.62-acre property boasts excellent facilities, including central air and heat, and requires no renovations. The building offers versatile space adaptable to various uses, such as banking, office space, a care center, retail, warehouse, or lending company. The first floor provides ample space, while the second floor is easily configurable, offering either several partitioned compartments or a large open area. Three driveways and a 30-car parking lot, accessible from four different points, ensure convenient access. An additional rear entrance enhances functionality. The roof was recently replaced just two years ago. The property is available for lease at a significantly reduced monthly rent of $6,900.00 NNN, or for sale. This prime location offers high visibility and accessibility, making it an ideal investment for a discerning buyer or tenant seeking a move-in ready commercial space. The property's history as a successful bank underscores its inherent value and potential.

• CAP approach

  CAP return

  Valuation

  6%

  $3,070,578

  6.5%

  $2,834,379

  7%

  $2,631,924

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,617,104

  Geo Method

  $2,492,522

• Alternative Use

  Use

  Valuation

  Residential

  $2,390,905

  Hospitality

  $2,190,056

  Educational

  $1,822,101

  Medical

  $1,884,766

  Retail

  $2,834,379

Location Insight

City

Pottstown

County

Montgomery

State

Pennsylvania

Latitude

40.2452

Longitude

-75.6441

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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].