000 Old Reading Pike, Pottstown, Pennsylvania 19464
Listing ID1000271303
Price$8,800,000
StatusACTIVE
SqFt
33,000
Acres
64
CountyMontgomery
Property TypeCommercial Sale
Property Sub TypeIndustrial
Industrial Land - Possible Rail Served This is the former Flagg Brass property, now consisting of 64 +/- acres located in Pottstown Borough and West Pottsgrove Township. It is ESTIMATED that about 25 acres would be useable (the other 35 acres are affected by a current landfill and/ or a FEMA "AE" flood zone). This property is bordered by Norfolk Southern Rail - so rail spur service would be available. The majority of the 28 acres in Pottstown Borough consists of a landfill and a lake. The owner has received closure for the landfill under the guidelines of PADER, Approximately 3 to 4 acres on the western end of the Pottstown Borough land appears to be useable for future development. The Pottstown Borough land is zoned FO (Flex office) The remaining 32 acres is in West Pottsgrove Township and is zoned Industrial, There is a 33,000 +/- SF steel frame building on this portion of the property which is in poor condition and would require major renovations. There is also approximately .7 acre of land fronting on West High Street which is zoned commercial. Current access to the 50 +/- acres is via a 24 foot easement running from Old Reading Pike to the NW corner of the site (in front of 300 Old Reading Pike). The Schuylkill Trail intersects this site and the site is visible from Route 422. Water, sewer, gas and electric are available. Easy access to both Route 422 and Route 100. This property consists of the following tax map parcels: 1600-15352-004; 1600-15352-013; 6400-02368-016; 6400--03841-001 and 6400--03840-803. The total assessments for all 5 parcels is 462,190 and the total taxes for all 5 parcels are $22,133. It is requested that the listing agent accompany you when inspecting the property. This site can be sold as follows: .7 +/- acre (designated as "C" on the attached site location map) zoned commercial on West High Street in West Pottsgrove Twp at $200,000 (Seller will retain the right to construct and own one billboard location on this parcel). 14 +/- acres (designated as "B" on the attached site location map) with 50 feet of frontage on Old Reading Pike in West Pottsgrove Township (situated between Route 422 Expressway and the Schuylkill Bike Path) and zoned industrial at $1,400,000 (seller will retain the ownership to the current billboard that is located on this parcel). 50+/- acres in West Pottsgrove Twp (zoned Industrial) and Pottstown Borough (zoned Flex Office) at $7,200,000 (designated as "A: on the attached site location map). Owners will also entertain leasing the property or build to suit for qualified tenants.
County
Montgomery
Price/SqFt
266.67
Property Sub Type
Industrial
Property Type
Commercial Sale
Zoning
INDUSTRIAL & FLEX OFFICE
Building Total SqFt Source
Estimated
Central Air
no
Cooling Type
None
Flooring Type
Heavy Duty
Heating Type
None
Building Units Total
1
Construction Completed
no
Construction Materials
Steel Siding, Frame
Cooling Fuel
None
Exterior Amenities
Highway Exposure, Rail System Extension
Fencing
N
Foundation Details
Slab
Heating Fuel
None
Hot Water
None
Lot Size Dimensions
834 X IRR
Lot Size Source
Estimated
Lot Size Units
Square Feet
New Construction
yes
Road Responsibility
Boro/Township, Private
Roof
Unknown
Sewer Septic
Public Sewer
Tidal Water
no
Type of Parking
Other
Utilities
Water Available, Sewer Available, Natural Gas Available, Electric Available
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Country
US
Location Type
Urban
MLS Area
West Pottsgrove Twp (10664)
Municipality
WEST POTTSGROVE TWP
Topography
Level, Rolling, Flood Plain
Waterfront
no
Zoning Description
Industrial in West Pottsgrove Township and Flex Office in Pottstown Borough
Accessibility Features
None
Business Type
Cold Storage, Cross Dock/Truck Terminal, Flex, Manufacturing, Storage, Warehouse
Days on Market
1729
Historic
no
Potential Tenancy
Multiple
Property Condition
Major Rehab Needed
Year Built Source
Assessor
Acceptable Financing
Conventional
Association Recreation Fee
N
Automatically Update Tax Values
no
Ground Rent Exists
no
Lease Considered
yes
Net SqFt
33000
Ownership Interest
Fee Simple
Possession
Immediate
Riparian Rights
no
Sale Includes
Land and Building, Land Only
Sale Type
Standard
Tax Annual Amount
22133
Tax Assessed Value
462190
Tax Data Updated
no
Tax Lot
58
Tax Year
2020
Vacation Rental
no
Listing courtesy of Brode & Brooks Inc (215) 679-4200
© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Brode & Brooks Inc. Data last updated on Thursday, March 23rd, 2023 05:08:34 PM.
Contact - Listing ID 1000271303
Brett Furman
528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060
Data services provided by IDX Broker
