267 King St Pottstown, PA 19464
- Investment properties
- 4,457 SF
- 0.07 lot acres
Current Use by Public Records
- Dahlia Nails / Nail Salon
Property Details for 267 King St
- Year built
- 1900
- Lot size
- 0.07 lot acres
- Property size
- 4,457 SF
- Zone code
- TTN
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 16-00-17772-00-5
- APU
- 160017772005
Description
This exceptional retail space at 267 King Street in Pottstown, PA, presents a fantastic opportunity for a salon or barber shop. The property features a convenient powder room and pantry, abundant natural light, and additional basement storage. Its previous use as a barber shop and nail salon speaks to its suitability for similar businesses. The location is unbeatable, offering proximity to numerous amenities including Highland Park, Brookside Country Club, major retailers like Walmart and Costco, various restaurants, and pharmacies. Easy access to Routes 100 and 422 ensures excellent visibility and convenient commuting. The property requires a minimum credit score of 580 and a verifiable monthly income of $2400. Utilities are tenant-responsible, with electric costs covered entirely and water/sewer shared at 25%. Move-in costs include first month's rent and a $995 security deposit. A business license application with the Borough of Pottstown is required. Credit and background checks are conducted for all occupants over 18. An application fee of $40 applies. This is a truly exceptional opportunity in a high-traffic, desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $240,000
- 6.5%
- $280,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $225,000
- Mixed-Use
- $245,000
- Hospitality
- $230,000
- Educational
- $210,000
- Residential Income
- $235,000
- Energy
- $270,000
- Income-Based Land
- $280,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Pottstown
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.6476
- Latitude
- 40.2466
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA