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    60 E Penn Ave Wernersville, PA 19565

    For Sale
    $2,800,000

    24,500 SF building suitable for redevelopment near Route 422.

    Property size:
    24,500 SF

    Property Features for 60 E Penn Ave

    General Information

    Size
    24,500 SF

    Building Details

    Year built
    1941

    Source: Patrick Zerbe Agent Patrick Zerbe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redevelopment Opportunity in Wernersville, PA

    Located at 60 E Penn Ave, Wernersville, PA, this 24,500 SF building presents a redevelopment opportunity, particularly given the ongoing development along the 422 corridor. The property benefits from current development trends in the area. Its location near Route 422 and Route 422 Business provides accessibility for customers and tenants. The property's proximity to a residential community offers a customer base for retail businesses and a potential source of employees for future tenants. The area has a small-town charm with nearby points of interest.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wernersville
    County
    Berks
    State
    Pennsylvania
    Longitude
    -76.08135
    Latitude
    40.329502

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    FAQs

    What type of property is this?
    Retail property - 24,500 SF building suitable for redevelopment near Route 422.
    Where is this retail property located?
    The property is located at 60 E Penn Ave Wernersville, PA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity in a rapidly evolving market.; - Strategic location along the developing 422 corridor.; - Excellent accessibility via Route 422 and Route 422 Business.
    (610) 370-8507
    Request Owner's contact information
    60 E Penn Ave Wernersville, PA 19565
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    Wernersville, PA 19565
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    60 E Penn Ave Wernersville, PA 19565
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