The Jocelyn Shay Team

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1486 S HANOVER STREET, Pottstown, PA 19465

 (Sold on )

$2,250,000

  • Open House
  • New Listing
  • Price Reduced$250,000
  • Active
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • Sqft
  • 0Acres
  • CommercialType
  • PACT2061696MLS#
-1 More Schedule

Property Description

ANOTHER 422 OPPORTUNITY !!! This is a 3 building, 4 space/tenant investment property situated on 3+ acres. Property is 100 % leased. Current NOI is approx $153k+/year. Taxes for '26 at 2% discount are $25415, insurance is $12575 and CAM is $25000. 3 tenants are multi-year terms, 1 tenant prefers renewing year-to-year, and has done so for 15-20 years. Seller specifies sale, "As Is". Rear home on 1.44 acres can also be purchased for additional monies and is also zoned C-1. Total square footage of all leased space is 23,000 and this includes upper and lower levels. Zoning and flyer attached under docs.

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Property Details 1486 S HANOVER STREET, POTTSTOWN, PA 19465

Facts & Features

  • MLS #: PACT2061696
  • Status: Active
  • Date Listed: 03/11/2024
  • Type: Commercial
  • Sub Type: Retail
  • Year Built: 1980
  • Price: $2,250,000
  • Acres: 3.02
  • Area: North Coventry Twp (10317)
  • County: Chester

Amenities

  • Waterfront Type: Public

Interior

  • Flooring: Carpet, Concrete
  • Heating: 90% Forced Air, Heat Pump - Electric BackUp
  • Cooling: Central A/C

Exterior

  • Roof: Shingle
  • Construction: Block, Aluminum Siding, Frame, Stone

Schools

  • School District: Owen J Roberts

Additional Information

  • Zoning: C-1

Tax Information

  • Tax: $25,934

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