504-512 Chestnut Street
Pottstown, PA, 19464 $ 665,000
Bedrooms-- Baths-- Sq 15,540 Monthly Estimate*
$ 4,149
for $665,000. This 15,540 square foot building was built in 1920 on a lot size of 0.29.
Attention Real Estate Developers! The property at 504-512 Chestnut St, Pottstown, PA, offers great potential, especially for conversion to residential, apartment, or condo development, as there is a shortage of rentals in the area. The borough encourages residential projects such as condos or apartments, similar to a warehouse conversion done in 2016 at Beech and Evans St. The property lies within the Traditional Town Neighborhood Zoning District, which has restrictions and will require zoning variances for certain uses. The site includes multiple structures, notably a warehouse (11,280 SF) and a house (3,960 SF), both with basements. The warehouse requires some repairs, including brick facade repointing and roof repairs due to leaks. Additionally, the property at 512 Chestnut St features a concrete block structure (3,750 SF), with some floor repairs needed on the second floor. The parcel has a total of 15,430 SF of above-ground space, plus 4,300 SF of basement areas. The property is fully paved, includes two fresh water wells, and is recently supplied with natural gas. It is priced at $665,000, down from the original asking price of $1M. The seller is open to partnerships, financing options, or a cash purchase, and offers support to facilitate a profitable acquisition, especially for residential, apartment, or condo development.
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FeaturesInteriorHeating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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GeneralSewer Public Sewer
Heating Other
Cooling Other
Possession Negotiable
Zoning TTN
Construction Materials Other Block Brick
Exclusions Owner's personal possessions
Year Built 1920
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality POTTSTOWN BORO
Business Type Other
Accessibility Other
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status PENDING
Directions From High and Hanover Street Head East on E High St Turn left onto N Evans St Turn right onto Chestnut St
City POTTSTOWN
Disclosures Prop Disclosure
Number Of Units Total 0
MLS Area Pottstown Boro (10616)
Lot Size Units Square Feet
Lot Size Square Feet 12600.00
Tax Annual Amount 15672.0
Acceptable Financing Conventional Negotiable Other Variable Joint Venture Cash
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Pending
Year Built Source Assessor
Tax Lot 001
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ExteriorParking Features Paved Parking Private
Lot Features Corner
Water Source Public
Inclusions 2 parcels - id 16-00-32024-009 & 16-00-05676-005
Type of Parking On Street Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 90.00 x 0.00
Lot Size Acres 0.29
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByHerb Real Estate, Inc.Broker
garypacerealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,149
- Monthly Property Taxes
- $1,306
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyCommerical listings in Pottstown, PA
Average List Price $550,000
Percent of Sale Price 17%
About Pottstown, PA 22,645 Population
4% Since 2002
$ 45,789 Median Income
38.23 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/6/2025 | $665,000 | | Listed Price |