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First-Floor Office Unit
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345 KING STREET #2, Pottstown, PA 19464

Two-room commercial suite with a kitchen, washroom facilities, and one assigned parking space.

Property Size4,869 SF
Price / SF$0.20
Days on Market54

Property Features for 345 KING STREET #2

General Information

Standard status Active
Size 4,869 SF
Total Parking Spaces 1
Property subtype Commercial

Additional Details

Floor 1st Floor

Amenities

full kitchen
half bath
separate stall shower

Building Details

Year Built 1890
Listing Agency: Herb Real Estate, Inc.
Listed By: Andrew S Herb · License #AB067900
Source: Cummingsrealtors
Added: Aug 31 Changed: Oct 21 Last Checked: Oct 23 at 9:31AM

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 Herb Real Estate, Inc.

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Investment Insights

Based on property information with market context.

Located at 345 King Street #2 in Pottstown, this first-floor office unit offers 4,869 square feet arranged across two rooms. The space includes a full kitchen, half bath, and separate stall shower, providing a practical configuration for office or other commercial use. The building dates to 1890.

One assigned parking space accompanies the property. Operating responsibilities identified for the space include landlord-paid water, sewer, and heat, while electric, trash, hot water, and cable/internet are paid by the tenant.

Key Highlights

  • 4,869‑square‑foot first‑floor office unit at 345 King Street #2, Pottstown, PA 19464
  • Two‑room layout with a full kitchen
  • Includes a half bath and separate stall shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,549
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,980 $1.5M
Cap Rate 7%
$1,093,557 $1.1M
Cap Rate 9%
$850,544 $850.5K
Market Conditions
NOI Build-Up for 4,869 SF
Gross rent
$126.8K $26.04/SF
− Vacancy
−$24.7K −$5.08/SF
EGI
$102.1K $20.96/SF
− OpEx
−$25.5K −$5.24/SF
NOI
$76.5K $15.72/SF
Area
Montgomery County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,980
Cap Rate 7%
$1,093,557
Cap Rate 9%
$850,544

Alternative Uses

Best Use
Office B
$1.09M
$956.9K – $1.28M (±1% cap)
NOI $76,549 @ 7.0% cap · market cap 8,057.79%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.80M
$2.45M – $3.27M (±1% cap)
NOI $196,049 @ 7.0% cap · market cap 20,636.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Dart Dumpsters General Contractor

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Tech Support Center Catering Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,098
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Two-room commercial suite with a kitchen, washroom facilities, and one assigned parking space.
Where is this office unit located?
The property is located at 345 KING STREET #2 Pottstown, PA.
What are key features of this property?
This property features: 4,869‑square‑foot first‑floor office unit at 345 King Street #2, Pottstown, PA 19464; Two‑room layout with a full kitchen; Includes a half bath and separate stall shower
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