Flex Space with
For Sale
$369,000
20 E 7TH STREET, Pottstown, PA 19464
Concrete-and-block commercial building with office, bathroom, workshop space, and off-street parking for business operations.
Property Size4,300 SF
Price / SF$85.81
Days on Market52
Property Features for 20 E 7TH STREET
General Information
Standard status
Active
Size
4,300 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Power
200 amps
Office Units
1
Building Details
Year Built
1928
Buildings
1
Building Size
4,300 SF
Construction
concrete and block frame
Tenancy
Single
Listing Agency:
Realty One Group Restore - Collegeville
(484) 902-8880
Listed By:
Terri Lynn Murgitroyde · License #RS367043
(610) 960-0751
Source:
Cummingsrealtors
Added: Aug 24
Changed: Oct 13
Last Checked: Oct 12 at 7:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Restore - Collegeville
Investment Insights
Based on property information with market context.
Built in 1928, this 4,300 sq/ft flex property combines garage and warehouse space with an office, full bathroom, and workshop. The concrete-and-block building sits on just under 10,000 sq/ft and includes ample off-street parking. Improvements include a new water heater, 200 amp electric service, and a roof that is 3 years old.
Located at 20 E 7th Street in Pottstown Borough, the property offers access to Routes 422, 100, 663, and 724. The building currently houses a carpet cleaning company and can support continued business use or occupancy by other businesses.
Located at 20 E 7th Street in Pottstown Borough, the property offers access to Routes 422, 100, 663, and 724. The building currently houses a carpet cleaning company and can support continued business use or occupancy by other businesses.
Key Highlights
- 4,300 sq/ft garage and warehouse building with office, full bathroom, and workshop
- Concrete‑and‑block construction on just under 10,000 sq/ft
- 200 amp electric service and new water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,569
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,380
$631.4K
Cap Rate 7%
$450,986
$451.0K
Cap Rate 9%
$350,767
$350.8K
Market Conditions
NOI Build-Up for 4,300 SF
Gross rent
$49.0K $11.40/SF
− Vacancy
−$3.9K −$0.91/SF
EGI
$45.1K $10.49/SF
− OpEx
−$13.5K −$3.15/SF
NOI
$31.6K $7.34/SF
Area
Montgomery County, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,380
Cap Rate 7%
$450,986
Cap Rate 9%
$350,767
Alternative Uses
Best Use
Office B
$965.8K
$845.0K – $1.13M
NOI $67,603 @ 7.0% cap · market cap 18.32%
Second Best
Flex RnD
$704.1K
$616.1K – $821.4K
NOI $49,284 @ 7.0% cap · market cap 13.36%
Theoretical Best
Specialty Retail
$2.47M
$2.16M – $2.89M
NOI $173,138 @ 7.0% cap · market cap 46.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19464, PA
48,409
Population
19,985
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
25.6 sq mi
ZIP Area
1,891
Density / Sq Mi
$76,338
Median Household Income
$44,888
Median Earnings
$1,226
Median Rent
$231,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Concrete-and-block commercial building with office, bathroom, workshop space, and off-street parking for business operations.
Where is this flex space located?
The property is located at 20 E 7TH STREET Pottstown, PA.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 4,300 sq/ft garage and warehouse building with office, full bathroom, and workshop; Concrete‑and‑block construction on just under 10,000 sq/ft; 200 amp electric service and new water heater
