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JDL Property 504-512 Chestnut St 15,540 SF 100% Leased Flex Building Pottstown, PA 19464 $665,000 ($42.79/SF)
INVESTMENT HIGHLIGHTS
- Great Potential, especially for conversion to residential apartments or condo development
- Fully paved, two fresh water wells, natural gas, call for financing information
- Total of 15,430 SF of above ground space plus 4,300 SF of basement areas
EXECUTIVE SUMMARY
Prime Development Opportunity – 504-512 Chestnut St, Pottstown, PA
Attention Real Estate Developers! This versatile property presents an incredible opportunity for residential, apartment, or condo development in a high-demand rental market. With the borough actively encouraging residential projects, this site is ideal for a warehouse-to-residential conversion, similar to the successful transformation at Beech & Evans St in 2016.
Property Highlights:
?? Total Above-Ground Space: 15,430 SF + 4,300 SF of basement areas
?? Zoned Traditional Town Neighborhood District (Zoning variances may be required)
?? Multiple Structures Included:
• Warehouse: 11,280 SF (with basement) – Requires façade repointing & roof repairs
• House: 3,960 SF (with basement)
• Concrete Block Building: 3,750 SF (some second-floor repairs needed)
Additional Features:
Fully paved parcel
Two fresh water wells
Recently supplied with natural gas
Now offered at $665,000 (Reduced from $1M!)
The seller is open to partnerships, financing options, or a cash purchase and is willing to assist in facilitating a profitable redevelopment project.
Don’t miss this chance to invest in Pottstown’s growing market! Contact us today for details.
Attention Real Estate Developers! This versatile property presents an incredible opportunity for residential, apartment, or condo development in a high-demand rental market. With the borough actively encouraging residential projects, this site is ideal for a warehouse-to-residential conversion, similar to the successful transformation at Beech & Evans St in 2016.
Property Highlights:
?? Total Above-Ground Space: 15,430 SF + 4,300 SF of basement areas
?? Zoned Traditional Town Neighborhood District (Zoning variances may be required)
?? Multiple Structures Included:
• Warehouse: 11,280 SF (with basement) – Requires façade repointing & roof repairs
• House: 3,960 SF (with basement)
• Concrete Block Building: 3,750 SF (some second-floor repairs needed)
Additional Features:
Fully paved parcel
Two fresh water wells
Recently supplied with natural gas
Now offered at $665,000 (Reduced from $1M!)
The seller is open to partnerships, financing options, or a cash purchase and is willing to assist in facilitating a profitable redevelopment project.
Don’t miss this chance to invest in Pottstown’s growing market! Contact us today for details.
PROPERTY FACTS Under Contract
| Price | $665,000 | Lot Size | 0.38 AC |
| Price Per SF | $42.79 | Rentable Building Area | 15,540 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 1920 |
| Building Class | C | ||
| Zoning | TTN - Traditional Town Neighborhood | ||
| Price | $665,000 |
| Price Per SF | $42.79 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.38 AC |
| Rentable Building Area | 15,540 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | TTN - Traditional Town Neighborhood |
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Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $147,960 | |
| Land Assessment | $107,450 | Total Assessment | $255,410 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$107,450
Improvements Assessment
$147,960
Total Assessment
$255,410
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JDL Property | 504-512 Chestnut St
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