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Rt 100 1486 Rt 100, N. Coventry Twp, Chesco

23,000 SF 100% Leased Retail Building Pottstown, PA 19465 $3,589,725 CAD ($156.07 CAD/SF) 5.20% Cap Rate

Mixed Use Properties Pennsylvania Pottstown 1486 Rt 100, N. Coventry Twp, Chesco, Pottstown, PA 19465

INVESTMENT HIGHLIGHTS

  • 100% leased.
  • Does it get much better than Rt 100 road frontage???
  • Tenant longevity.
  • Concentrated retail area.

EXECUTIVE SUMMARY

ANOTHER 422 OPPORTUNITY !!! This is a 3 building, 4 tenant investment property situated on 3+ acres. Property is 100% leased. NOI is approx $130k+/year. Taxes for '24 at 2% discount are $25849, 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.

ATTACHMENTS

zoning
Flyer 3-24

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
23,000 SF
Building Class
C
Year Built
1980
Price
$3,589,725 CAD
Price Per SF
$156.07 CAD
Cap Rate
5.20%
NOI
$186,666 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.17
Lot Size
3.02 AC
Zoning
C-1 - C-1 represents the most intensive commercial zoning aside from shopping center, in township.
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NEARBY MAJOR RETAILERS

KeyBank
Giant
Fitness 1440

PROPERTY TAXES

Parcel Number 17-007-0237.0000 Improvements Assessment $671,610 CAD
Land Assessment $150,572 CAD Total Assessment $822,181 CAD

PROPERTY TAXES

Parcel Number
17-007-0237.0000
Land Assessment
$150,572 CAD
Improvements Assessment
$671,610 CAD
Total Assessment
$822,181 CAD
(610) 574-6271

CONTACT

  • Listing ID: 31184358

  • Date on Market: 2024-03-11

  • Last Updated:

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

The Retail Property at 1486 Rt 100, N. Coventry Twp, Chesco, Pottstown, PA 19465 is currently available for sale. Contact 422 Commercial Realty for more information.

NEARBY LISTINGS

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1486 Rt 100, N. Coventry Twp, Chesco, Pottstown, PA for sale Building Photo- Image 1 of 6
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1486 Rt 100, N. Coventry Twp, Chesco, Pottstown, PA for sale Building Photo- Image 4 of 6
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Rt 100 | 1486 Rt 100, N. Coventry Twp, Chesco
(610) 574-6271 x

Rt 100 | 1486 Rt 100, N. Coventry Twp, Chesco

Jim Watters

(610) 574-6271

(610) 574-6271

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