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Property profile & analytics
OFF-MARKET
Banks

601 High St Pottstown, PA 19464-5726

5,440 SF 0.35 ac lot Built 1970
Individually Owned 17-yr Hold Free & Clear
Property ID
US73-1848246
Property summary
AI-generated overview

This exceptional 5,440 square foot office building, situated on a 0.35-acre lot at 601 E High Street in Pottstown, Pennsylvania, presents a remarkable investment or owner-user opportunity. Originally constructed in 1970 as a bank, this meticulously maintained property boasts significant versatility. Currently configured as a financial services office, its adaptable layout lends itself to a variety of uses, including continued operation as office space, conversion to retail, event space, or even a restaurant. The main floor offers impressive 12-foot ceilings and over 2,000 square feet of clear-span, open space, ideal for flexible configurations. Equally impressive is the lower level, mirroring the main floor's square footage and featuring a fully equipped call center, expanded men's and women's restrooms, a convenient kitchen/break room, and a dedicated utility area. The building's solid construction and prime location in Pottstown make it an attractive proposition for discerning buyers seeking a well-maintained property with substantial potential for future growth and adaptation. The asking price for this unique property is $525,000.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1970
Total area 5,440 SF
Lot 0.35 ac (15,354 SF)
Zoning code OR
APN 16-00-15060-00-8
UPID US73-1848246
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
  • Boenning & Scattergood Financial Advisor
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
Daniel B Boyer III · 17 yrs held
Daniel B Boyer III
since 2008
Last sale
$512,500
2 recorded transactions
2008
Price N/A
2007
Price N/A
Zoning & alternative use
OR · Pottstown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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