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1486 S Hanover Street

POTTSTOWN, PA 19465
  • $2,500,000
  • STATUS: Active
  • ON SITE: 191 Days
  • ID#: PACT2061696
UPDATED: 53 min ago
$2,500,000
  • 0
    BEDS
  • 3.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1980
County:

School Ratings & Info

School District:

Description

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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-09-19T08:53:45.95.
www.johnkrizateam.com/homes/148471218
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1486 S Hanover Street POTTSTOWN, PA 19465

  • Price: $2,500,000
  • Status: Active
  • On Site: 191 Days
  • Updated: 53 min ago
  • ID#: PACT2061696
0
Beds
0
Baths
0
½ Baths
3.02
Acres
1980
Built
Neighborhood:
North Coventry Twp (10317)
County:
Chester
Area:
North Coventry Twp (10317)
School District:
Owen J Roberts
Property Description
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.
Exterior Features

Construction Materials BlockAluminum SidingFrameStone Garage YN No Location Type Highway Parking Types Parking Lot Road Responsibility State Road Surface Type Black Top Roof Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 23000.00 Cooling Central A/C Flooring CarpetConcrete Heating 90% Forced AirHeat Pump - Electric BackUp Heating YN Yes Net Square Feet 23000.00

Property Features

Acceptable Financing CashConventionalFNMA Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street Glocker Way Gross Income 193400.00 Heating Fuel Propane - Leased Hot Water Electric Lease Considered YN No Municipality NORTH COVENTRY TWP Navigable Water YN N Net Operating Income 128000.00 New Construction YN No Number Of Units Total 3 Original MLSNumber 802917191020 Ownership Interest Fee Simple Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 24353.00 Tax Lot 0237 Vacation Rental YN No Water Source Public Zoning C-1 Zoning Description This is the most intensive commercial zoning in township aside from shopping centerallowing many retail uses. Zoning attached.

Listing courtesy of 422 Commercial Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-09-19T08:53:45.95.
 
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