601 High St Pottstown, PA 19464
- Banks
- 5,440 SF
- 0.35 lot acres
Current Use by Public Records
- Boenning & Scattergood / Financial Consultant
Property Details for 601 High St
- Year built
- 1970
- Lot size
- 0.35 lot acres
- Property size
- 5,440 SF
- Zone code
- OR
- Property type
- Banks
- APN
- 16-00-15060-00-8
- APU
- 160015060008
Description
This exceptional 5,440 square foot office building, situated on a 0.35-acre lot at 601 E High Street in Pottstown, Pennsylvania, presents a remarkable investment or owner-user opportunity. Originally constructed in 1970 as a bank, this meticulously maintained property boasts significant versatility. Currently configured as a financial services office, its adaptable layout lends itself to a variety of uses, including continued operation as office space, conversion to retail, event space, or even a restaurant. The main floor offers impressive 12-foot ceilings and over 2,000 square feet of clear-span, open space, ideal for flexible configurations. Equally impressive is the lower level, mirroring the main floor's square footage and featuring a fully equipped call center, expanded men's and women's restrooms, a convenient kitchen/break room, and a dedicated utility area. The building's solid construction and prime location in Pottstown make it an attractive proposition for discerning buyers seeking a well-maintained property with substantial potential for future growth and adaptation. The asking price for this unique property is $525,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $425,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $545,000
- 6.5%
- $600,000
- 7%
- $595,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $575,000
- Geo Method
- $540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $615,000
- Retail
- $565,000
- Mixed-Use
- $650,000
- Hospitality
- $645,000
- Educational
- $535,000
- Residential Income
- $520,000
- Energy
- $475,000
- Income-Based Land
- $650,000
- Food Service
- $650,000
Location Insight
- Map
- Local Demand
- City
- Pottstown
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.6394
- Latitude
- 40.2446
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA