Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
209 Hanover St Pottstown, PA 19465-7021
Individually Owned
11-yr Hold
Free & Clear
Property ID
US73-1976495
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1972
Total area
2,400 SF
Lot
0.31 ac (13,440 SF)
Zoning code
C2
APN
1703D00450000
UPID
US73-1976495
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Beyond Process Service Law Firm
-
Riverside Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Stewartz,michael A|fessler,michelle V · 11 yrs held
Stewartz,michael A|fessler,michelle V
since 2015
4 recorded transactions
Zoning & alternative use
C2 · Pottstown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pottstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pottstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,188
Tax year 2024
Assessed value
$51,670
Assessed 2024
Previous assessed
$51,670
+0.0% YoY
Effective rate
4.23%
On assessed value
Assessed land
$21,210
Assessed improvement
$30,460
Land market value
$21,210
Improvement market value
$30,460
Total market value
$51,670
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1972
Heating
HOT WATER
Cooling
WINDOW A/C
Total area
2,400 SF
Lot
0.31 ac (13,440 SF)
Zoning code
C2
APN
1703D00450000
UPID
US73-1976495
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Pottstown, PA
Zoning C2 · permitted uses
C2 · Pottstown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pottstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
HOT WATER
Cooling
Yes
Lot
0.31 ac
Current owner
From public records · entity-resolved
Stewartz,michael A|fessler,michelle V
Individual
Free & Clear · 11 yrs held
Mailing address
305 W MOYER RD, POTTSTOWN, PA 19464-1412
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2015
—
Stewartz,michael A|fessler,michelle V
Stewartz Michael A
Quit Claim Deed
related
—
Feb 22, 2013
$42,500
Michael A Stewartz
Stewartz,genevieve J
Grant Deed
related
—
Aug 5, 2011
—
Michael A Stewartz
Stewartz Geraldine M
Quit Claim Deed
related
—
Jul 19, 2006
—
Genevieve J Stewartz
Stewartz,genevieve J
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 209 Hanover St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
