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.