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1486 S Hanover St

$2,250,000

1486 S Hanover St, Pottstown, PA 19465

Active
Last Updated: 06/29/2025

108,689

NOI

23,000 sqft

Building Size

Details:
NOI:    $108,689
Building Size:    23,000 sqft
Year Built:    1980
Price Per Sqft:    $97.83
Zoning:    C-1
Roof:    Shingle
Highlights:
  • Days on Market: 476
  • Heating: 90% Forced Air, Heat Pump - Electric BackUp
Description:

ANOTHER 422 OPPORTUNITY !!! This is a 3 building, 4 space investment property situated on 3+ acres. Property is 75% leased. Current NOI is approx $108.7k+/year w/ an upside of $153.7k/yr. Taxes for '25 at 2% discount are $25336, insurance is $12575 and CAM is $25000. 2 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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