Mixed-Use Property With
127 SECOND AVENUE, Collegeville, PA 19426
For Sale
$869,000
Village Commercial zoning accommodates an office-oriented property with substantial outdoor storage and parking areas.
Property Size4,643 SF
Days on Market134
Property Features for 127 SECOND AVENUE
General Information
Standard status
Size
Total Parking Spaces
Zoning
Additional Details
Office Units
Taxes and HOA fees
Annual Taxes
Amenities
full kitchen
enclosed wrap-around porch
large storage areas
concrete bin storage bays
storage shed with electric service
fenced grass area
Central Air, Electric
Natural Gas, Forced Air
Electric Water Heater
Fenced
Parking Lot
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Tosco Real Estate Services
Listed By:
Anthony Tosco · License #RM423457
(610) 587-5885
Source:
Evrealestate
Added: Jun 26
Changed: Nov 4
Last Checked: Nov 6 at 9:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tosco Real Estate Services
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Investment Insights
Based on property information with market context.
This mixed-use commercial property at 127 Second Avenue includes seven offices, two full bathrooms, a kitchen, and an enclosed wrap-around porch. Built in 1868, the building is served by two newer Lennox HVAC systems with approximately 90% gas efficiency. The site also provides parking, storage areas, three concrete bin bays, a designated 30-yard dumpster area, and a 13' x 25' electric storage shed. Four 6' x 20' metal storage containers are available for separate purchase.
Village Commercial zoning and the existing layout provide a basis for evaluating office, contractor, storage, residential, or combined configurations, subject to municipal approvals. A fenced grass area offers additional outdoor space, while the property’s position near the ongoing Road and Bridge Project places it within an area identified for future traffic and economic activity. Buyers should verify permitted uses with the municipality.
Village Commercial zoning and the existing layout provide a basis for evaluating office, contractor, storage, residential, or combined configurations, subject to municipal approvals. A fenced grass area offers additional outdoor space, while the property’s position near the ongoing Road and Bridge Project places it within an area identified for future traffic and economic activity. Buyers should verify permitted uses with the municipality.
Key Highlights
- Seven offices, two full bathrooms, a kitchen, and an enclosed wrap‑around porch
- Two newer Lennox HVAC systems with approximately 90% gas efficiency
- Three concrete bin storage bays plus a designated area for a 30‑yard dumpster
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,996
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,459,920
$1.5M
Cap Rate 7%
$1,042,800
$1.0M
Cap Rate 9%
$811,067
$811.1K
Market Conditions
NOI Build-Up for 4,643 SF
Gross rent
$120.9K $26.04/SF
− Vacancy
−$23.6K −$5.08/SF
EGI
$97.3K $20.96/SF
− OpEx
−$24.3K −$5.24/SF
NOI
$73.0K $15.72/SF
Area
Montgomery County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,459,920
Cap Rate 7%
$1,042,800
Cap Rate 9%
$811,067
Alternative Uses
Best Use
Office B
$1.04M
$912.5K – $1.22M
NOI $72,996 @ 7.0% cap · market cap 8.40%
Second Best
Mixed Use
$686.5K
$600.7K – $800.9K
NOI $48,055 @ 7.0% cap · market cap 5.53%
Theoretical Best
Specialty Retail
$2.67M
$2.34M – $3.12M
NOI $186,949 @ 7.0% cap · market cap 21.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
7
Office units
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
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Business Placement
Demographics for 19426, PA
43,541
Population
14,136
Households
3.1
Avg Household Size
40
Median Age
53%
College-Educated
93%
High-School Grad
34.0 sq mi
ZIP Area
1,281
Density / Sq Mi
$151,030
Median Household Income
$62,482
Median Earnings
$1,932
Median Rent
$471,200
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Montgomery County, PA
Properties on Market for Mixed-use properties in Montgomery County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Village Commercial zoning accommodates an office-oriented property with substantial outdoor storage and parking areas.
Where is this mixed-use property located?
The property is located at 127 SECOND AVENUE Collegeville, PA.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Seven offices, two full bathrooms, a kitchen, and an enclosed wrap‑around porch; Two newer Lennox HVAC systems with approximately 90% gas efficiency; Three concrete bin storage bays plus a designated area for a 30‑yard dumpster
