205 E High Street

Description

Iconic 21,000+ SF Redevelopment Opportunity in the Heart of Downtown PottstownFormerly home to PNC Bank, this landmark property offers more than 21,000 square feet of space featuring soaring ceilings, expansive open floor areas, an impressive two-story banking hall, an elevator, multiple staircases, and several historic bank vaults that showcase the building's unique architectural character.The interior has been substantially opened, creating a blank canvas for redevelopment and adaptive reuse. Whether you're envisioning a corporate headquarters, medical or laboratory facility, educational institution, nonprofit headquarters, event venue, brewery, restaurant, creative office, or mixed-use redevelopment, this property offers the scale and flexibility to bring your vision to life.Located on a prominent corner in the heart of Pottstown's revitalizing downtown, the property is within walking distance of Montgomery County Community College, Steel River Playhouse, Borough Hall, local restaurants, the Schuylkill River Trail, and numerous public and private redevelopment projects.A redevelopment incentive up to $286,414 in low-interest rehabilitation financing is currently available through Pottstown Area Economic Development (PAED). Qualified purchasers may apply by submitting a rehabilitation proposal for approval. Funds are available for eligible improvements and can help offset redevelopment costs. (Program terms, competitive bidding requirements, prevailing wage requirements, and approval conditions apply.)For investors, developers, and visionary owner-users seeking a signature property with exceptional redevelopment potential, 205 E. High Street represents one of downtown Pottstown's premier adaptive reuse opportunities. Square footage includes the basement, which was formerly used as offices and a kitchen. Showings by appointment only. One of the sellers is a licensed real estate salesperson in the Commonwealth of Pennsylvania.