20 York StPottstown, PA 19464
- Mixed-use properties
- 2,200 SF
Property Details for 20 York St
- Year built
- 1922
- Lot size
- 0.03 AC
- Property size (Sq ft)
- 2,200 SF
- Zone code
- OR
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 16-00-33568-00-4
- APU
- 160033568004
Description
This 600-square-foot commercial space, located at 20 N York Street, First Floor, in Pottstown, Pennsylvania, presents a fantastic opportunity for a single-tenant business. Situated in Montgomery County, this property boasts a prime location directly across from Lords & Ladies Salon, ensuring high foot traffic and excellent visibility. The space is classified as both Creative and Traditional Office, and also suitable for retail uses. The charming storefront features an inviting entrance leading to a bright and versatile interior, perfect for a variety of businesses, including beauty services (lashes, facials, med spa) or boutique retail. A convenient half-bath is included. The space offers flexibility for creative layouts and interior design to suit individual branding needs. The lease is a one-year term with a 3% rent increase for renewal years. Rent and utilities are the responsibility of the tenant. For specific zoning information or to explore additional potential uses, contact the Pottstown Borough. This is an exceptional opportunity to establish or expand a business in a thriving Pottstown location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $607,057
- 6.5%
- $560,360
- 7%
- $520,335
-
Comparable approach
- Method
- Valuation
- Relative Method
- $301,819
- Geo Method
- $287,452
-
Alternative Use
- Use
- Valuation
- Residential
- $694,847
- Hospitality
- $636,476
- Educational
- $529,541
- Medical
- $547,752
- Retail
- $823,730
Location Insight
- City
- Pottstown
- County
- Montgomery
- State
- Pennsylvania
- Latitude
- 40.2466
- Longitude
- -75.6525
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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