Pottstown Investment Opportunity: Pub &
For Sale
Contact for pricing
978 E High St, Pottstown, PA
Turn-key bar/restaurant with apartments and commercial space for sale.
Property Size14,804 SF
Lot Size0.44 Acres
Price / SF$175.63
Days on Market358
Property Features for 978 E High St
General Information
Standard status
Active
Size
14,804 SF
Lot size
0.44 Acres
Property subtype
RETAIL
Listing Agency:
Zommick McMahon Commercial Real Estate
(610) 359-1100
Listed By:
Steve Dibattista · License #PA327769
(610) 368-2801
Source:
Moodyscre
Added: Nov 4, 2025
Changed: Oct 25
Last Checked: Oct 26 at 8:15PM
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
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Investment Insights
Based on property information with market context.
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.
Key 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).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,318
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,346,360
$3.3M
Cap Rate 7%
$2,390,257
$2.4M
Cap Rate 9%
$1,859,089
$1.9M
Market Conditions
NOI Build-Up for 14,804 SF
Gross rent
$266.5K $18.00/SF
− Vacancy
−$27.4K −$1.85/SF
EGI
$239.0K $16.15/SF
− OpEx
−$71.7K −$4.84/SF
NOI
$167.3K $11.30/SF
Area
Chester County, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,346,360
Cap Rate 7%
$2,390,257
Cap Rate 9%
$1,859,089
Alternative Uses
Best Use
Retail
$2.39M
$2.09M – $2.79M
NOI $167,318 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$2.29M
$2.01M – $2.68M
NOI $160,526 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$4.49M
$3.93M – $5.24M
NOI $314,190 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
516
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
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).
