Property
Pottstown, PA 19464 1060 W High Street
$375,000
35 more
Presented By: 422 Commercial Realty
SQFT • 1,391
Home Details
ANOTHER 422 OPPORTUNITY !!! Users and Investors, we have successfully brought you another fine property to purchase. This is a 1 parcel, 2-tenant, 2 building property, on a major thoroughfare. Gross revenue is $43200. NOI $33.1k producing an 8.82% CAP. Owner only pays taxes and insurance. Tenants pay water & sewer. Property consists of a 2-bay garage leased by an independent mechanic and a used car office building & lot leased by "We Buy Any Car" for the past 13 years.
1) Garage floor plan: 1575 sq feet, 2-bay garage, office, parts room, bathroom, 2 misc utility rooms & outside bathroom. 2 lifts.
2) Used Car lot: recently renovated 424 sq foot rectangular office w/ bathroom and 25 parking spots.
This was a gas station in another life and seller has tank removal and appropriate tank closure documentation.
Presented By: 422 Commercial Realty
Interior Features for 1060 W High Street
Bathrooms
Total Restrooms2
Other Interior Features
Central Air Y/NNo
Heating FuelNone
Hot WaterNone
General for 1060 W High Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Association Fee0.00
Association Recreation FeeN
Building NameNONE AVAILABLE
Business TypeAuto Related
Cap Rate8.79
CityPOTTSTOWN
Construction MaterialsBlock, Concrete
Cool FuelNone
CoolingNone
CountyMONTGOMERY
DirectionsAcross from 7-11 store in Stowe. Use Stowe interchange of Rt 422. make right at Turkey Hill, property 1/4 mile on right. Rt 100 N to W High Street curved ramp just before King Street. Drive 1-2 miles
DisclosuresOther
Electric Expense0.00
Exclusionstenants tools
Fuel Expense0.00
Gross Income42600.00
HeatingNone
Historic Y/NNo
Insurance Expense1000.00
Lease Considered Y/NNo
Location TypeHighway
Lot Size Square Feet30996.00
Lot Size UnitsSquare Feet
MLS AreaWest Pottsgrove Twp (10664)
MaintenanceExpense0.00
ModificationTimestamp2025-05-12T18:45:50
MunicipalityWEST POTTSGROVE TWP
Net Operating Income33969.00
New ConstructionNo
Number Of Units Total0
OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG269.59
Property ConditionAverage
Property SubtypeRetail
Property TypeCommercial Sale
RoofUnknown
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount7631.0
Tax Assessed Value150110.0
Tax Lot28
Tax Year2025
TopographyFlat, highway frontage
Total Actual Rent42600.00
TransportationBus Stop less than 1 mile
Trash Expense0.00
UtilitiesAbove Ground
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Waterfront Y/NNo
Year Built1950
Year Built SourceAssessor
ZoningCB-COMMERCIAL BUSINESS
Exterior for 1060 W High Street
Building Area Total1391.00
Car Parking Spaces20
Fencing Y/NN
Inclusionscar lift
Land Assessed Value0.00
Land Use Code4280
Lot Dimensions405.00 x 0.00
Lot FeaturesLevel
Lot Size Acres0.71
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Road Frontage Length405
Road ResponsibilityState
Road Surface TypeBlack Top
Topography DescriptionFlat, highway frontage
Total Loading Docks0
Total Parking Spaces21
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate