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The New York Plaza 238-244 E High St 30,421 SF 76% Leased Office Building Pottstown, PA 19464 $1,549,000 ($50.92/SF)
Investment Highlights
- Located along East High Street (PA Route 724), one of Pottstown’s primary commercial corridors.
- Approximately 20 miles from King of Prussia and within commuting distance of major Montgomery, Chester, and Berks County employment centers.
- Located within a mixed-use commercial environment that includes office, retail, restaurant, entertainment, and community-service uses.?
- Convenient access to US Route 422, providing regional connectivity to King of Prussia, Reading, and the broader Philadelphia metropolitan area.
- Served by local bus transportation and walkable to many downtown amenities, supporting employee and visitor accessibility.
- Ample nearby residential neighborhoods provide a local customer and workforce base for office, retail, and service-oriented businesses.
Executive Summary
This prominent building in Pottstown offers over 30,000 square feet of space, featuring a large parking lot with approximately 90 spaces and four floors. Currently, the building is home to three tenants: a food and beverage/event space, a retail store, and a non-profit organization occupying the ground and lower levels. The third and fourth floors are ideal for apartment conversions, with four units on the third floor and three units on the fourth. Each apartment has its own plumbing, utilities, and fire escape. In addition to the tremendous value potential in the apartment conversion, the building is fully sprinklered, equipped with 3-phase power and upgraded panels throughout, newer mechanical systems, and a piston-driven elevator. With its unique configuration and numerous upgrades, this property is a rare find in Pottstown.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
30,421 SF
Building Class
C
Year Built/Renovated
1921/1989
Price
$1,549,000
Price Per SF
$50.92
Percent Leased
76%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
7,500 SF
Building FAR
2.41
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
CB - Central Business District zoning is designed to support a mix of commercial activities, including retail, office spaces, and other business uses
Parking
100 Spaces (3.33 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
7200 SF AVAILABLE
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 7,200 SF | Office | Partial Build-Out | Now |
2nd Floor
| Size |
| 7,200 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size | 7,200 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
7200 SF AVAILABLE
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Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 16-00-13912-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $369,900 |
Property Taxes
Parcel Number
16-00-13912-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$369,900
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Contact the Sale Advisor
The New York Plaza | 238-244 E High St