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About the Listing 422COMM - 3171587
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 split water and contract/pay grass snow. 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.
Listing Highlights for 1060 W High St
Status
Active
Days on Site
175
Property Type
Commercial Sale
MLS ®
PAMC2139694
Year Built
1950
Total Square Footage
1,391
Lot/Acreage
0.71
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 41
- Lot Dimensions: 405.00 x 0.00
- Zoning: Typical retail uses.
- Roof: Unknown
- Others: Average
- Sewer: On Site Septic
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,631
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1060 W High St Pottstown, PA 19464
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