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Mixed-Use Building with Rental Apartment
For Sale
$490,000

6631 Perkiomen Ave, Birdsboro, PA 19508

Two-level property combining commercial space with a renovated residential unit and prominent Route 422 exposure.

Property Size3,700 SF
Price / SF$132.43
Days on Market75

Property Features for 6631 Perkiomen Ave

General Information

Standard status Active
Size 3,700 SF

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Gross Income $60,000
Multifamily Units 1

Building Details

Year Built 1970
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: United Real Estate Strive 212
Listed By: Chad A Schlanger · License #RS306495
Source: Lgagne
Added: Jul 31 Changed: Oct 5 Last Checked: Oct 7 at 1:07PM

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 United Real Estate Strive 212

Investment Insights

Based on property information with market context.

This 3,700-square-foot mixed-use building, constructed in 1970, combines a first-floor commercial area with a fully renovated second-floor two-bedroom apartment. The layout supports commercial occupancy alongside residential rental use, while tenants are responsible for their own utilities.

Located along Route 422, the property benefits from road frontage and signage exposure. Capital improvements include a replacement roof over the commercial portion, updated electrical service, a new furnace, a new well system, and a new water heater. Both the commercial and residential components have received renovations with modern finishes.

Key Highlights

  • 3,700 SF mixed‑use building constructed in 1970
  • First‑floor commercial space with second‑floor 2‑bedroom apartment
  • Fully renovated residential unit with modern finishes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,516
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,320 $750.3K
Cap Rate 7%
$535,943 $535.9K
Cap Rate 9%
$416,844 $416.8K
Market Conditions
NOI Build-Up for 3,700 SF
Gross rent
$55.9K $15.12/SF
− Vacancy
−$2.3K −$0.64/SF
EGI
$53.6K $14.48/SF
− OpEx
−$16.1K −$4.35/SF
NOI
$37.5K $10.14/SF
Area
Berks County, PA
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,320
Cap Rate 7%
$535,943
Cap Rate 9%
$416,844

Alternative Uses

Best Use
Retail
$535.9K
$469.0K – $625.3K (±1% cap)
NOI $37,516 @ 7.0% cap · market cap 7.66%
Second Best
Mixed Use
$523.3K
$457.9K – $610.5K (±1% cap)
NOI $36,630 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$607.4K
$531.5K – $708.6K (±1% cap)
NOI $42,517 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Restaurant Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby

Demographics for 19508, PA

15,855
Population
6,357
Households
2.5
Avg Household Size
42
Median Age
28%
College-Educated
92%
High-School Grad
40.7 sq mi
ZIP Area
390
Density / Sq Mi
$83,409
Median Household Income
$46,255
Median Earnings
$1,108
Median Rent
$242,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combining commercial space with a renovated residential unit and prominent Route 422 exposure.
Where is this mixed-use property located?
The property is located at 6631 Perkiomen Ave Birdsboro, PA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 3,700 SF mixed‑use building constructed in 1970; First‑floor commercial space with second‑floor 2‑bedroom apartment; Fully renovated residential unit with modern finishes
More about this property
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