238-244 E High St - Office FOR SALE


Pottstown, PA 19464
$1,650,000 USD
484-947-8988
238-244 E High St, Pottstown, PA for Sale
$1,650,000 USD
Office - FOR SALE
1/48
null | Request Cap Rate

238-244 E High St
Pottstown, PA 19464


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The New York Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

CB

APN/PARCEL ID

16-00-13912-004

ASK ABOUT THIS PROPERTY

Rich DiPrimioKeller Williams RealtyMore Info
484-947-8988

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Rich DiPrimioKeller Williams RealtyMore Info
484-947-8988

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