Three-Story Brick Manufacturing
50 1ST AVENUE, Royersford, PA 19468
For Sale
$1,150,000
Historic industrial building with open interiors, three-phase electric, and public water and sewer.
Property Size14,256 SF
Price / SF$80.67
Days on Market97
Property Features for 50 1ST AVENUE
General Information
Standard status
Size
Property subtype
Additional Details
Utilities to Site
Three-Phase Power
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
Kline Real Estate Works
(610) 948-5739
Listed By:
Keith S Kline · License #RM426216
(610) 213-1473
Source:
Cummingsrealtors
Added: Aug 4
Changed: Nov 6
Last Checked: Nov 8 at 5:51AM
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 Kline Real Estate Works
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Investment Insights
Based on property information with market context.
Built in 1885, this three-story brick industrial building in Royersford Borough contains 14,256 square feet of open interior space. The property is currently used as a woodworking studio and includes natural gas steam heat, three-phase electric service, public water, and public sewer.
The offering also includes adjacent tax parcel 19-00-01389-005, a .07-acre parking lot beside the building. The property sits along the Schuylkill River within a downtown revitalization project, with the structure positioned at 50 1st Avenue in Royersford, Pennsylvania.
The offering also includes adjacent tax parcel 19-00-01389-005, a .07-acre parking lot beside the building. The property sits along the Schuylkill River within a downtown revitalization project, with the structure positioned at 50 1st Avenue in Royersford, Pennsylvania.
Key Highlights
- 14,256‑square‑foot, three‑story brick industrial building
- Constructed in 1885
- Currently operating as a woodworking studio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,662
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,093,240
$2.1M
Cap Rate 7%
$1,495,171
$1.5M
Cap Rate 9%
$1,162,911
$1.2M
Market Conditions
NOI Build-Up for 14,256 SF
Gross rent
$162.5K $11.40/SF
− Vacancy
−$13.0K −$0.91/SF
EGI
$149.5K $10.49/SF
− OpEx
−$44.9K −$3.15/SF
NOI
$104.7K $7.34/SF
Area
Montgomery County, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,093,240
Cap Rate 7%
$1,495,171
Cap Rate 9%
$1,162,911
Alternative Uses
Best Use
Flex RnD
$2.33M
$2.04M – $2.72M
NOI $163,393 @ 7.0% cap · market cap 14.21%
Second Best
Industrial
$1.50M
$1.31M – $1.74M
NOI $104,662 @ 7.0% cap · market cap 9.10%
Theoretical Best
Specialty Retail
$8.20M
$7.18M – $9.57M
NOI $574,014 @ 7.0% cap · market cap 49.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
Explore this area
Business Placement
Demographics for 19468, PA
27,869
Population
11,560
Households
2.4
Avg Household Size
41
Median Age
48%
College-Educated
95%
High-School Grad
16.9 sq mi
ZIP Area
1,649
Density / Sq Mi
$106,261
Median Household Income
$60,951
Median Earnings
$1,688
Median Rent
$383,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Historic industrial building with open interiors, three-phase electric, and public water and sewer.
Where is this manufacturing property located?
The property is located at 50 1ST AVENUE Royersford, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 14,256‑square‑foot, three‑story brick industrial building; Constructed in 1885; Currently operating as a woodworking studio
