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    1000 Ridge Rd Pottstown, PA 19465

    For Sale
    $1,700,000

    Prime Retail Location, High Traffic Area

    Property size:
    9,376 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a two-story, 9,376 square foot retail/office building situated on a 1.83-acre lot in Pottstown, Pennsylvania. The property, located at 1000 Ridge Rd, enjoys a prominent corner location at the four-way signalized intersection of Ridge Road and Pottstown Pike, ensuring high visibility and accessibility. The main building, totaling 7,297 square feet, previously housed a bank branch and offers versatile space adaptable to various retail or office uses. An additional 2,079 square foot free-standing shell building provides further expansion potential. The property benefits from two existing access points and is meticulously maintained. The site's strategic location along preferred commercial corridors attracts over 19,000 vehicles daily, providing significant exposure to potential customers. The asking price is $1,700,000, translating to $181.31 per square foot. The property is zoned Village Mixed Use, offering flexibility for a range of commercial endeavors. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a thriving Pennsylvania market. The property's size, location, and existing infrastructure make it an ideal investment for both established businesses and new ventures.

    Property Features for 1000 Ridge Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,376 SF
    Lot Size
    79,715 SF

    HighLights

    • 9,376 SF retail/office building on a 1.83‑acre lot in Pottstown, PA.
    • Prominent corner location at a signalized intersection with high visibility and accessibility.
    • Main building (7,297 SF) previously a bank branch, adaptable for various uses; plus a 2,079 SF freestanding shell building.
    • Two access points, meticulously maintained, over 19,000 vehicles daily.
    • $1,700,000 asking price ($181.31/SF), Village Mixed Use zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    First Bank Bank Malvern Bank National ... Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pottstown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.6630156
    Latitude
    40.1746904

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Location, High Traffic Area
    Where is this individual retail property located?
    The property is located at 1000 Ridge Rd Pottstown, PA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 9,376 SF retail/office building on a 1.83-acre lot in Pottstown, PA.; Prominent corner location at a signalized intersection with high visibility and accessibility.; Main building (7,297 SF) previously a bank branch, adaptable for various uses; plus a 2,079 SF freestanding shell building.
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    1000 Ridge Rd Pottstown, PA 19465
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 Ridge Rd Pottstown, PA 19465
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