1486 Rt 100, N. Coventry Twp, Chesco - Storefront Retail/Office FOR SALE


Pottstown, PA 19465
$2,250,000 USD
610-574-6271
1486 Rt 100, N. Coventry Twp, Chesco, Pottstown, PA for Sale
$2,250,000 USD
Storefront Retail/Office - FOR SALE
1/21
null | 6.67% Cap Rate

1486 Rt 100, N. Coventry Twp, Chesco
Pottstown, PA 19465


HIGHLIGHTS

  • 100 % leased.
  • Tenant longevity.
  • Does it get much better than Rt 100 road frontage???
  • Concentrated retail area.
  • Varied uses on property lends to wider tenant base.

OVERVIEW

ANOTHER 422 OPPORTUNITY !!! This is a 3 building, 4 space investment property situated on 3+ acres. Property is 100 % leased. NOI now is approx +$150k/year. Taxes for '25 at 2% discount are $24836, 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 available space is 23,000 and this includes upper and lower levels.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

6.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rt 100

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.02 AC

LAND SF

131,551 SF

ZONING

C-1

APN/PARCEL ID

17-007-0237.0000

ASK ABOUT THIS PROPERTY

Jim Watters422 Commercial RealtyMore Info
610-574-6271

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Jim Watters422 Commercial RealtyMore Info
610-574-6271

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.