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 / General Contractor
Property Details for 504 Chestnut St
- Year built
- 1920
- Lot size
- 0.29 lot acres
- Zone code
- RHD
- Property type
- Manufacturing properties
- APN
- 16-00-32024-00-9
- APU
- 160032024009
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 13, 2015 | $11,000 | Jdl Property Management LLC | Sheriff Of Montgomery County|lyons,edward | Trustees Deed · related | — |
| Nov 13, 2012 | $4,500 | Edward Lyons | Tax Claim Bureau Of Montgomery Cn | Tax Deed · related | — |
| — | — | Robert Sieracko | — | Deed Of Trust · related | $60k · National Penn Bank |
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 Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $970,000
- AI Estimate
- $661,000
Market price range: $970k - $2.21MMarket price range: $661k - $1.92M
Get a detailed, property-specific estimation — fast and free
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
