Property
Pottstown, PA 19465 1486 S Hanover Street
$2,500,000
1 more
Presented By: 422 Commercial Realty
SQFT • 23,000
Home Details
ANOTHER 422 OPPORTUNITY !!! This is a 3 building, 4 tenant investment property situated on 3+ acres. Property is 100% leased. NOI is approx $128k+/year. Taxes for '24 at 2% discount are $28811, 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. Zoning and flyer attached under docs.
Presented By: 422 Commercial Realty
Interior Features for 1486 S Hanover Street
Bathrooms
Total Restrooms4
Other Interior Features
Central Air Y/NYes
FlooringCarpet, Concrete
Heating FuelPropane - Leased
Heating Y/NYes
Hot WaterElectric
Total Stories2
General for 1486 S Hanover Street
Acceptable FinancingCash, Conventional, FNMA
AccessibilityNone
Association Recreation FeeN
Building NameNONE AVAILABLE
Business TypeOther/General Retail
CityPOTTSTOWN
Construction MaterialsBlock, Aluminum Siding, Frame, Stone
Cool FuelElectric
CoolingCentral A/C
CountyCHESTER
DirectionsRt 100 N or S. Property is south of Rt 422 and north of Rt 23 and just south of Suburbia Shopping Center & Wawa. situated on east side of Rt 100.
FULLFee Simple
Gross Income193400.00
Heating90% Forced Air, Heat Pump - Electric BackUp
Lease Considered Y/NNo
Location TypeHighway
Lot Size Square Feet131421.00
Lot Size UnitsSquare Feet
MLS AreaNorth Coventry Twp (10317)
ModificationTimestamp2024-12-19T06:45:44
MunicipalityNORTH COVENTRY TWP
Net Operating Income128000.00
New ConstructionNo
NumberOfUnitsTotal3
PossessionNegotiable
Price Per Sq Ft Total AG108.7
Property SubtypeRetail
Property TypeCommercial Sale
Property UseInvestment
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount24899.0
Tax Assessed Value574980.0
Tax Lot0237
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1980
Year Built SourceAssessor
ZoningC-1
Zoning DescriptionThis is the most intensive commercial zoning in township aside from shopping center, allowing many retail uses. Zoning attached.
Exterior for 1486 S Hanover Street
Building Area Total23000.00
Car Parking Spaces25
Fencing Y/NN
Land Assessed Value105300.00
Land Use CodeC30
Lot Dimensions0.00 x 0.00
Lot Size Acres3.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Road ResponsibilityState
Road Surface TypeBlack Top
Total Loading Docks0
Total Parking Spaces26
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Fabiane Farias
Associate