438 E High St, Pottstown, PA 19464

$675,000

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List Price
$675,000
Days on Market
0
Status
COMING SOON
MLS#
PAMC2192814
Lot Size (Acres)
0.1
Style
Victorian
Year Built
1900
County
Montgomery
School District
Pottstown

Property Description

A Rare Opportunity to Own a Piece of Pottstown History! Imagine the possibilities with over 7,800 square feet of space! Located at 438 & 440 E. High Street, this unique offering consists of two parcels and two twin homes being sold together as one opportunity. For approximately 40 years, this property has been utilized as a halfway house serving individuals in recovery, creating a long-standing presence within the Pottstown community. This is a unique opportunity for an owner-operator, investor, or entrepreneur looking to continue the existing use or explore the property's many potential uses. 438 E. High Street offers approximately 4,205 square feet with annual real estate taxes of approximately $6,351. 440 E. High Street offers approximately 3,646 square feet with annual real estate taxes of approximately $6,315. Combined, the properties offer over 7,800 square feet of space with tremendous potential. The first floors of both properties are currently configured as office space, providing flexibility for professional, administrative, or business use. The upper & lower levels offer the potential for approximately 5–6 individual apartment units. Each floor features a private entrance, kitchen, bathroom, bedroom, and living area, creating a variety of possibilities for an investor looking to generate rental income or an owner looking to reposition the property. Buyers have the opportunity to purchase the real estate only or acquire the real estate together with the existing business. The purchase price will vary depending on which option is selected. The existing business has an approximately 40-year history, offering an opportunity for an operator interested in continuing the current use, subject to all applicable licensing, zoning, and municipal requirements. Whether you envision continuing the existing operation, creating individual rental units, leasing office space, or developing an entirely new concept, 438 & 440 E. High Street offer exceptional flexibility and investment potential. Two parcels. Two twin homes. Over 7,800 square feet. Endless possibilities. Bring your vision and explore the potential of this truly unique Pottstown property! Property is being sold AS IS. Buyer is responsible for completing any required Borough inspections, obtaining any required certifications, permits, licenses, or approvals, and addressing any requirements resulting from such inspections. Buyer is responsible for independently verifying zoning, permitted uses, occupancy requirements, and all municipal requirements.

Additional Information

Area
Pottstown Boro (10616)
Taxes
$6683
School District
Pottstown
Heating
Baseboard - Electric, Forced Air
Heating Fuel
Natural Gas, Electric
Cooling
Central A/C, Window Unit(s)
Roof
Shingle, Slate
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of CG Realty, LLC. Contact: 6105665182