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PRICE $665,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 12,633 sqft
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Attention Real Estate Developers!


The property at 504-512 Chestnut St, Pottstown, PA, offers great potential, especially for conversion to residential, apartment, or condo development, as there is a shortage of rentals in the area. The borough encourages residential projects such as condos or apartments, similar to a warehouse conversion done in 2016 at Beech and Evans St.

The property lies within the Traditional Town Neighborhood Zoning District, which has restrictions and will require zoning variances for certain uses. The site includes multiple structures, notably a warehouse (11,280 SF) and a house (3,960 SF), both with basements. The warehouse requires some repairs, including brick facade repointing and roof repairs due to leaks. Additionally, the property at 512 Chestnut St features a concrete block structure (3,750 SF), with some floor repairs needed on the second floor.

The parcel has a total of 15,430 SF of above-ground space, plus 4,300 SF of basement areas. The property is fully paved, includes two fresh water wells, and is recently supplied with natural gas. It is priced at $665,000, down from the original asking price of $1M.

The seller is open to partnerships, financing options, or a cash purchase, and offers support to facilitate a profitable acquisition, especially for residential, apartment, or condo development.


DAYS ON MARKET 55 LAST UPDATED 2/5/2025
YEAR BUILT 1920 COMMUNITY Pottstown Boro (10616)
COUNTY MONTGOMERY STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District POTTSTOWN
High School POTTSTOWN SENIOR


ADDITIONAL DETAILS
AIR Electric, Other
AIR CONDITIONING Yes
AREA Pottstown Boro (10616)
CONSTRUCTION Block, Brick, Other
HEAT Other
LOT 0.29 acre(s)
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 90.00 x 0.00
PARKING On Street, Private, Paved, Parking Lot
SEWER Public Sewer
TAXES 15672
WATER Public
ZONING Traditional Town Neighborhood
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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