$1,850,000
$2,400,000
22.9%For more information regarding the value of a property, please contact us for a free consultation.
50,000 SqFt
SOLD DATE : 10/23/2023
Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 50,000 sqft
Price per Sqft $37
MLS Listing ID PABK2032818
Sold Date 10/23/23
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $32,760
Tax Year 2022
Lot Dimensions 0.00 x 0.00
Property Description
Industrial Investment Opportunity. Approximately 50,000 SF +/- comprised of:
1) 38,000 SF (14' ceiling clear), 1st floor tenant = hardwood distributor; and
2) 12,000 SF (10' ceiling clear), 2nd floor tenant = flag manufacturer/distributor and includes freight elevator.
Both tenants have 5-year leases (commenced on July 1, 2021) + one, 5-year option. The two Premises have separate, electrical service, gas service, loading/delivery facilities and restrooms.
Brokers and prospective buyers must sign a confidentiality and non-disclosure agreement prior to the release of leases and financial information.
Location
State PA
County Berks
Area Douglas Twp (10241)
Zoning LI - LIMITED INDUSTRIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 24.0
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 24
Garage N
Building
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Boyertown Area
Others
Tax ID 41-5386-14-44-6804-C04
Ownership Fee Simple
SqFt Source Estimated
Security Features Fire Detection System
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard
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Bought with Joey Ariel Benjamini • Keller Williams Main Line
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "