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Property profile & analytics
FOR SALE
Warehouses

379 Cherry St Pottstown, PA 19464

28,478 SF 0.38 ac lot Built 1900
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-0302068
Property summary
AI-generated overview

This exceptional 28,478-square-foot commercial property at 379 Cherry Street in Pottstown, Pennsylvania, presents a unique investment opportunity. Situated on a 20,832-square-foot lot, this three-story building, originally constructed in 1900 and extensively renovated in 2024, offers flexible space ideal for a variety of uses. Currently configured as flex and traditional office space with multiple tenancies, the property boasts ample parking for 36 vehicles. Four of the five commercial spaces are currently vacant, presenting a significant opportunity for redevelopment. The zoning is TTN, and the property is located in a Qualified Opportunity Zone (QOZ), offering potential tax advantages. The building's history as a former Italian Social Club adds to its unique character. The substantial lot size allows for future expansion or alternative uses, including potential conversion to residential apartments. This property is located in Montgomery County, Pennsylvania, and offers a rare combination of size, location, and redevelopment potential. The building's recent renovation ensures modern amenities and functionality, making it an attractive option for both investors and businesses seeking a versatile and well-located space.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1900
Total area 28,478 SF
Lot 0.38 ac (16,520 SF)
Zoning code RMHD
APN 16-00-05132-00-9
UPID US73-0302068
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
  • Ama Paper co. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cherry Lane LLC · 4 yrs held
Cherry Lane LLC
since 2022
Last sale
$240,000
7 recorded transactions
2022
$240,000
2017
Price N/A
1999
$115,000
1997
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RMHD · Pottstown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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