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415 High St Pottstown, PA 19464-5621

OFF-MARKET Banks Google Maps
7,570 SF 0.62 ac lot Built 1968
Individually Owned 8-yr Hold ~ Est. High Equity
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US73-0288255

Property summary

AI-generated overview

This exceptional 2-story commercial building, located at 415 High Street in Pottstown, PA, presents a unique investment or owner-use opportunity. Previously a well-established bank, this 0.62-acre property boasts excellent facilities, including central air and heat, and requires no renovations. The building offers versatile space adaptable to various uses, such as banking, office space, a care center, retail, warehouse, or lending company. The first floor provides ample space, while the second floor is easily configurable, offering either several partitioned compartments or a large open area. Three driveways and a 30-car parking lot, accessible from four different points, ensure convenient access. An additional rear entrance enhances functionality. The roof was recently replaced just two years ago. The property is available for lease at a significantly reduced monthly rent of $6,900.00 NNN, or for sale. This prime location offers high visibility and accessibility, making it an ideal investment for a discerning buyer or tenant seeking a move-in ready commercial space. The property's history as a successful bank underscores its inherent value and potential.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1968
Total area 7,570 SF
Lot 0.62 ac (27,160 SF)
Zoning code D
APN 16-00-14908-00-7
UPID US73-0288255

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2017
5 recorded transactions
2017
$310,000
2016
Price N/A
2011
$300,000
2008
$220,000
2004
Price N/A

Zoning & alternative use

D · Pottstown, PA
Zoning description

Downtown (Conservation). § 321 Gateway District - Intent. § 322 Gateway District - Effect. § 323 Gateway District - Design Review Procedure for Existing Buildings. § 324 Gateway District - Design Review Procedure for New…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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