100 7Th St Perkasie, PA 18944
- Warehouses
- 5,060 SF
- 0.13 lot acres
Current Use by Public Records
- Garzio Ralph J OD / Optometrist
- Hartman Scale Co / Industrial Equipment Supplier
Property Details for 100 7Th St
- Year built
- 1920
- Lot size
- 0.13 lot acres
- Property size
- 5,060 SF
- Zone code
- I2
- Property type
- Warehouses
- APN
- 33-005-461
- APU
- 33005461
Description
This newly renovated 1,222 square foot commercial building is situated in the heart of Perkasie Borough's vibrant downtown area, at 100 S 7th Street. Located in the I2 Zoning District within the Town Center Overlay, this property offers a unique opportunity for a variety of businesses. The building boasts five rooms, two of which include sinks, and a half bath. Recent renovations include fresh paint, new vinyl flooring, updated electrical systems, new exit signs, a new roof, new windows, and newer siding. The property also features natural gas heat, central air conditioning, a convenient back exit, and ample storage space, including a basement. Perkasie's downtown is known for its historical architecture, charming shops, and numerous events throughout the year, attracting thousands of visitors. These events include the oldest tree lighting in the nation, fall festivals, car shows, First Fridays, and a weekly farmers market. The building's zoning allows for a range of uses, including office space, retail establishments, and personal service businesses. Further zoning details are available from the Perkasie Borough. Owning property in this dynamic and culturally rich downtown corridor is a rare opportunity. This property presents a compelling investment in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $430,000
- 6.5%
- $485,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $440,000
- Geo Method
- $490,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $475,000
- Retail
- $395,000
- Mixed-Use
- $475,000
- Hospitality
- $465,000
- Educational
- $465,000
- Residential Income
- $480,000
- Energy
- $540,000
- Income-Based Land
- $515,000
- Food Service
- $505,000
Location Insight
- Map
- Local Demand
- City
- Perkasie
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -75.295
- Latitude
- 40.3757
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
