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    Pottstown Investment Opportunity: Pub & Apartments Title is generated by Realmo AI

    978 E High St, Pottstown, PA

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    Turn-key bar/restaurant with apartments and commercial space for sale.

    Type:RETAIL
    Property size:
    14,804 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $175/SF
    Added:
    Nov 4, 2025
    Days on Market:
    219
    Last Refresh:
    May 20 at 8:08 pm

    Property Features for 978 E High St

    General Information

    Standard status
    Active
    Size
    14,804 SF
    Lot size
    0.44 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Steve Dibattista
    Steve Dibattista

    Listing agent Steve Dibattista License #PA327769

    Listing office Zommick McMahon Commercial Real Estate

    Listing date Nov 4, 2025

    Source Moodyscre

    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 Zommick McMahon Commercial Real Estate

    HighLights

    • Turn‑key bar/restaurant (Jack Cassidy's Irish Pub) with 7‑figure gross annual income.
    • Includes a full liquor license.
    • 9 fully renovated and occupied 1‑bedroom apartments at 990 E High St (Avg. $1,000‑1,200/mo).
    • Sale includes two buildings: 990 E High St and 978 E High St, totaling 14,804 SF.
    • 978 E High St features a spacious commercial space and a recently renovated 3‑bedroom unit.
    • 25 parking spaces available.

    Overview

    An exceptional opportunity exists to acquire Jack Cassidy’s Irish Pub, a Pottstown establishment since 2007. The sale encompasses two buildings, located at 990 E High St and 978 E High St, totaling 14,804 square feet. The offering includes a bar and restaurant business with a reported seven-figure gross annual income. A full liquor license is available. The property at 990 E High St houses Jack Cassidy’s Pub along with nine fully renovated one-bedroom units, all of which are currently occupied with average rents ranging from $1,000 to $1,200 per month. The building at 978 E High St features a commercial space on the first floor and a recently renovated, large three-bedroom unit on the second floor. A shared parking lot provides 25 parking spaces. The seller owns multiple properties and may consider a package sale.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $266.5k $18.00
    − Vacancy −$27.4k −$1.85
    EGI $239.0k $16.15
    − OpEx −$71.7k −$4.84
    NOI $167.3k $11.30
    14,804 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.39M
    $2.09M – $2.79M (±1% cap)
    NOI $167,318 @ 7.0% cap · market cap 6.44%
    Second Best
    Apartment 5plus
    $2.29M
    $2.01M – $2.68M (±1% cap)
    NOI $160,526 @ 7.0% cap · market cap 6.17%
    Theoretical Best
    Office A
    $4.49M
    $3.93M – $5.24M (±1% cap)
    NOI $314,190 @ 7.0% cap · market cap 12.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pubs

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pottstown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.6285
    Latitude
    40.2439

    FAQs

    What type of property is this?
    Pub - Turn-key bar/restaurant with apartments and commercial space for sale.
    Where is this pub located?
    The property is located at 978 E High St Pottstown, PA.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Turn‑key bar/restaurant (Jack Cassidy's Irish Pub) with 7‑figure gross annual income.; Includes a full liquor license.; 9 fully renovated and occupied 1‑bedroom apartments at 990 E High St (Avg. $1,000‑1,200/mo).
    (610) 368-2801 Call to check price and availability
    More about this property
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