1060 W HIGH ST Active Save Request In-Person Tour Request Virtual Tour
Pottstown,PA 19464
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAMC2139694
Year Built 1950
Annual Tax Amount $7,631
Tax Year 2025
Lot Size 0.712 Acres
Acres 0.71
Lot Dimensions 405.00 x 0.00
Property Sub-Type Retail
Source BRIGHT
Property Description
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 tank closure documentation is attached. AKA 1040 & 1070 W. High Street.
Each bldg has its own on-site sewage system, both are older but functioning. After township and seller inspections, Township approves continued use of existing systems. If systems fail, township will require connection to public sewer or holding tanks installed. See attached seller septic report.
Location
State PA
County Montgomery
Area West Pottsgrove Twp (10664)
Zoning CB-COMMERCIAL BUSINESS
Interior
Hot Water None
Heating None
Cooling None
Inclusions car lift
Heat Source None
Exterior
Garage Spaces 21.0
Utilities Available Above Ground
Water Access N
View Street
Roof Type Unknown
Street Surface Black Top
Accessibility None
Road Frontage State
Total Parking Spaces 21
Garage N
Building
Lot Description Level
Sewer On Site Septic
Water Public
New Construction N
Schools
School District Pottsgrove
Others
Tax ID 64-00-02332-007
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard