504 Chestnut St Pottstown, PA 19464-5620
- Manufacturing properties
- 14,452 SF
- 0.29 lot acres
Current Use by Public Records
- Schuylkill Valley Pool Services / Swimming Pool Contractor
Property Details for 504 Chestnut St
- Year built
- 1920
- Lot size
- 0.29 lot acres
- Property size
- 14,452 SF
- Zone code
- RHD
- Property type
- Manufacturing properties
- APN
- 16-00-32024-00-9
- APU
- 160032024009
Description
This exceptional 15,430 square foot property, situated on a 0.37-acre lot at the corner of Chestnut and North Washington Streets in Pottstown, PA, presents a unique redevelopment opportunity. Currently designated as an "Old Mill Type" industrial property (Land Use: 3345 Ind), this site is ideally positioned within the Traditional Town Neighborhood Zoning District, making it highly attractive for residential conversion. The borough actively encourages residential development, specifically condos and apartments, addressing a current shortage of rental units in the area. This presents a significant upside for developers seeking to capitalize on this unmet demand. The property's location at 504-512 Chestnut Street (formerly known as 68 N Washington St, a change made by the borough for clarity) offers excellent visibility and accessibility. A successful precedent exists, with a similar warehouse building converted into residential units on Beech and Evans Streets in 2016. This property's size and zoning make it an exceptional investment for developers looking to create a thriving residential community in a desirable Pottstown location. The asking price is $665,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pottstown
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.6416
- Latitude
- 40.2464
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
