PA > Pottstown
Pottstown, PA 19464,504-512 CHESTNUT ST
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Pottstown, PA 19464,504-512 CHESTNUT ST
Pottstown, PA 19464,504-512 CHESTNUT ST
Pottstown, PA 19464,504-512 CHESTNUT ST
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Dana Ubele

Dana Ubele

+1(856) 888-1133
Listed by Gary A Pace • Herb Real Estate, Inc.
$ 665,000
Est. payment /mo
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Pending

504-512 CHESTNUT ST Pottstown, PA 19464

0.29 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PAMC2128772

Year Built 1920

Annual Tax Amount $15,672

Tax Year 2024

Lot Size 0.289 Acres

Acres 0.29

Lot Dimensions 90.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

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.

Location

State PA

County Montgomery

Area Pottstown Boro (10616)

Zoning TTN

Interior

Hot Water Other

Heating Other

Cooling Other

Inclusions 2 parcels - id 16-00-32024-009 & 16-00-05676-005

Heat Source Other

Exterior

Garage Spaces 20.0

Water Access N

Accessibility Other

Total Parking Spaces 20

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Pottstown Senior

School District Pottstown

Others

Tax ID 16-00-32024-009 & 16-00-05676-005

Ownership Fee Simple

Acceptable Financing Conventional, Negotiable, Other, Variable, Joint Venture, Cash

Listing Terms Conventional, Negotiable, Other, Variable, Joint Venture, Cash

Financing Conventional,Negotiable,Other,Variable,Joint Venture,Cash

Special Listing Condition Standard

Bright MLS (BMLS)
Dana Ubele

Dana Ubele

Broker | License ID: 0448855

+1(856) 888-1133

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504-512 CHESTNUT ST

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