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1486 S Hanover Street Pottstown, PA $ 2,500,000
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$ 2,500,000 Get more info
1486 S Hanover Street
$ 2,500,000
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1486 S Hanover Street

Pottstown, PA, 19465
$ 2,500,000
Baths0.0 Sq 23,000

Monthly Estimate*

$ 17,463

1486 S Hanover Street, Pottstown, PA 19465 - Image 1
1486 S Hanover Street, Pottstown, PA 19465 - Image 2
1486 S Hanover Street, Pottstown, PA 19465 - Image 3
1486 S Hanover Street, Pottstown, PA 19465 - Image 4
1486 S Hanover Street, Pottstown, PA 19465 - Image 5
1486 S Hanover Street, Pottstown, PA 19465 - Image 6
Studio

Commercial Property for sale in Pottstown, PA

for $2,500,000. This 23,000 square foot building was built in 1980 on a lot size of 3.02.

ANOTHER 422 OPPORTUNITY !!! This is a 3 building, 4 tenant investment property situated on 3+ acres. Property is 100% leased. NOI is approx $130k+/year. Taxes for '24 at 2% discount are $25849, insurance is $12575 and CAM is $25000. 3 tenants are multi-year terms, 1 tenant prefers renewing year-to-year, and has done so for 15-20 years. Seller specifies sale, "As Is". Rear home on 1.44 acres can also be purchased for additional monies and is also zoned C-1. Total square footage of all leased space is 23,000 and this includes upper and lower levels. Zoning and flyer attached under docs.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 24,353

Style

General Retail

Lot Size

3.02

Year Built

1980

Town/City

Pottstown

County/Region

Chester

MLS | Web ID

PACT2061696
Features
Interior
Heating Fuel Propane - Leased
Flooring Carpet Concrete
Hot Water Electric
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Total Restrooms 4
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General
Sewer Public Sewer
Heating 90% Forced Air Heat Pump - Electric BackUp
Cooling Central A/C
Possession Negotiable
Roof Shingle
Zoning C-1
Construction Materials Block Aluminum Siding Frame Stone
Year Built 1980
Property SubType Retail
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality NORTH COVENTRY TWP
Business Type Other/General Retail
Building Name NONE AVAILABLE
Accessibility None
County CHESTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Rt 100 N or S. Property is south of Rt 422 and north of Rt 23 and just south of Suburbia Shopping Center & Wawa. situated on east side of Rt 100.
City POTTSTOWN
Buyer Agent Compensation 2.11
Zoning Description This is the most intensive commercial zoning in township aside from shopping center allowing many retail uses. Zoning attached.
Total Units 3
MLS Area North Coventry Twp (10317)
Lot Size Square Feet 131421.00
Waterfront Y/N N
Street Name HANOVER
Tax Annual Amount 24353.0
Price Per Sq Ft 108.7
Acceptable Financing Cash Conventional FNMA
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 37
Location Type Highway
Standard Status Active
Year Built Source Assessor
Tax Lot 0237
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 23000.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 3.02
Road Surface Type Black Top
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility State
Land Assessed Value 105300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1486
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* Excluded Features
List By
422 Commercial Realty

Broker

jwatters@422commrealty.com

Email

Affordability Calculator

$19,493
Per Month
90%
10%
0%
Monthly Principal & Interest
$17,463
Monthly Property Taxes
$2,029
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/11/2024$2,500,000 Listed Price

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1486 S Hanover Street, Pottstown, PA, 19465 is a Commercial Property for sale at $2,500,000 with 23,000 sqft and a lot size of 3.02. 1486 S Hanover Street is a studio with 0.0 baths and was built in 1980. The property's zip code is 19465 which is in Pottstown, PA

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