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    515-523 Old Swede Rd Douglassville, PA 19518

    For Sale
    $1,350,000

    Multi-tenant office buildings, high ROI potential.

    Property size:
    14,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a well-maintained, multi-tenant office complex situated on 2.58 acres at 515-523 Old Swede Road (Route 662) in Douglassville, Pennsylvania, 19518. The property boasts three buildings totaling over 14,500 square feet, offering a diverse range of spaces. One building has housed a long-term tenant (24+ years) and a fully leased barn building contributes to a stable income stream. The third building, currently featuring a 1400 square foot garage and covered parking, presents significant upside potential with its vacant second floor, ideal for additional office space. The property benefits from ample parking (48+ spaces) and enjoys a prime location with convenient access to Routes 22, 73, and 422. Most tenants have maintained a long-term presence (5+ years), demonstrating the property's desirability and stability. Built in 1992, this two-story complex is offered at $1,350,000, representing a compelling price per square foot of $93.10. This is an excellent opportunity for investors seeking a strong, established income-producing asset with significant expansion possibilities.

    Property Features for 515-523 Old Swede Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    14,500 SF
    Lot Size
    112,385 SF

    Building Details

    Year Built
    1992
    Buildings
    3
    Stories
    2

    HighLights

    • Excellent access to Routes 422 and 73 in Douglassville.
    • High‑traffic location with strong visibility.
    • Ample parking available for tenants and customers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Douglassville
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.7240427
    Latitude
    40.2722393

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    FAQs

    What type of property is this?
    Office Property / Space - Multi-tenant office buildings, high ROI potential.
    Where is this office property / space located?
    The property is located at 515-523 Old Swede Rd Douglassville, PA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Excellent access to Routes 422 and 73 in Douglassville.; High-traffic location with strong visibility.; Ample parking available for tenants and customers.
    Request Owner's contact information
    515-523 Old Swede Rd Douglassville, PA 19518
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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
    515-523 Old Swede Rd Douglassville, PA 19518
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