Skip To Content

504 - 512 Chestnut Street

POTTSTOWN, PA 19464
  • $750,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: PAMC2094246
UPDATED: 10 min ago
$750,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

School District:

Description

Attenion Real Estate Developers!With a shortage of rentals, this property has a tremendous upside especially for residential, apartment and condo development The borough also would like to see residential development such as condos and or apartments. A similar warehouse building was converted on the corner of Beech and Evans St in 2016.The property at 504-512 Chestnut St is situated on the corner of Chestnut and North Washington St, Pottstown PA 19464 and is located in the TRADITIONAL TOWN NEIGHBORHOOD ZONING DISTRICT.The property at 504 Chestnut St formerly known as 68 N Washington St. was changed by Pottstown borough for identification purposes as certain documentation was conflicting. The property is Land Use: 3345 Ind: Old Mill Type, < 50000 Sq Ft Structure Type: Manufacturing/Processing Use Type: WarehouseThe warehouse portion of the property consists of 11280 SF+/- ( 4120 SF for the 1st and2nd floors This parcel also consists of a house appx 3960SF+/- with a full basement consisting of 1280SF +/-.In addition, the property has 2 Fresh water WELLS and the parcel is completely paved. Was recently supplied natural gas (No meter set yet) and has 3 phase available on Chestnut St. These above structures are sound but the brick facade on warehouse needs repainting and repair along with the roof repair as the natural light roof needs to be replaced and leaks when raining.512 Chestnut St consists of a very sound concrete block structure 3750 SF+/- also zoned Industrial, the second floor needs floor repair and is used very little currently. This floor is ONLY accessible by the other warehouse. (See Video Walk-through) . In Addition another structure consisting 400 SF +/- between and attached to both warehouse buildings. This parcel is more detailedThis parcel also is fully paved as well.BOTH properties consist of about 15430SF +/- of above ground footage with another 4300 SF +/+- support and basement areas.The original asking price for COMPLETE corner and aforesaid properties was $65 per foot or $1M. REDUCED to $800,000Seller would entertain a partnership, financing, and of course a cash purchase with transfer, and or Lease with option to purchase.Seller is willing to assist Buyer in every way to make this property a profitable acquisition. Taxes reflect both properties combined.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-29T07:01:50.49.
www.locomusings.com/homes/147076484
Print Image

504 - 512 Chestnut Street POTTSTOWN, PA 19464

  • Price: $750,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 10 min ago
  • ID#: PAMC2094246
0
Beds
0
Baths
0
½ Baths
0.37
Acres
1920
Built
Neighborhood:
Pottstown Boro (10616)
County:
Montgomery
Area:
Pottstown Boro (10616)
School District:
Pottstown
Property Description
Attenion Real Estate Developers!With a shortage of rentals, this property has a tremendous upside especially for residential, apartment and condo development The borough also would like to see residential development such as condos and or apartments. A similar warehouse building was converted on the corner of Beech and Evans St in 2016.The property at 504-512 Chestnut St is situated on the corner of Chestnut and North Washington St, Pottstown PA 19464 and is located in the TRADITIONAL TOWN NEIGHBORHOOD ZONING DISTRICT.The property at 504 Chestnut St formerly known as 68 N Washington St. was changed by Pottstown borough for identification purposes as certain documentation was conflicting. The property is Land Use: 3345 Ind: Old Mill Type, < 50000 Sq Ft Structure Type: Manufacturing/Processing Use Type: WarehouseThe warehouse portion of the property consists of 11280 SF+/- ( 4120 SF for the 1st and2nd floors This parcel also consists of a house appx 3960SF+/- with a full basement consisting of 1280SF +/-.In addition, the property has 2 Fresh water WELLS and the parcel is completely paved. Was recently supplied natural gas (No meter set yet) and has 3 phase available on Chestnut St. These above structures are sound but the brick facade on warehouse needs repainting and repair along with the roof repair as the natural light roof needs to be replaced and leaks when raining.512 Chestnut St consists of a very sound concrete block structure 3750 SF+/- also zoned Industrial, the second floor needs floor repair and is used very little currently. This floor is ONLY accessible by the other warehouse. (See Video Walk-through) . In Addition another structure consisting 400 SF +/- between and attached to both warehouse buildings. This parcel is more detailedThis parcel also is fully paved as well.BOTH properties consist of about 15430SF +/- of above ground footage with another 4300 SF +/+- support and basement areas.The original asking price for COMPLETE corner and aforesaid properties was $65 per foot or $1M. REDUCED to $800,000Seller would entertain a partnership, financing, and of course a cash purchase with transfer, and or Lease with option to purchase.Seller is willing to assist Buyer in every way to make this property a profitable acquisition. Taxes reflect both properties combined.
Exterior Features

Construction Materials BrickConcreteBlock Garage YN No Parking Types On StreetParking Lot Property Condition Major Rehab Needed Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 15430.00 Cooling None Exclusions Owners equipment Heating None Net Square Feet 13000.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Business Type Apartment Building Central Air YN No Cooling Fuel None Heating Fuel None Hot Water None Lease Considered YN No Municipality POTTSTOWN BORO Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802839116700 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 15534.00 Tax Assessment Amount 254410.00 Vacation Rental YN No Water Source Public Zoning TTN

Listing courtesy of Richard A Zuber Realty-Royersford: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-29T07:01:50.49.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802839116700-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802839116700-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802839116700-2.jpg
Logo
LoCoMusings | Century 21 Redwood Realty
540 Fort Evans Road Suite 303
Leesburg VA, 20176