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Property profile & analytics
FOR LEASE
Retail space

1 W Philadelphia Ave Boyertown, PA 19512

19,528 SF 0.14 ac lot Built 1880
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US73-1485235
Property summary
AI-generated overview

This exceptional office space, totaling 3,614 square feet, is located on the third floor of a four-story building at 1 W. Philadelphia Ave., Boyertown, PA 19512. Situated in the heart of Boyertown's business district, this executive/traditional office space offers convenient access to Route 100. The building, constructed in 1910 and renovated in 1976, features a Class B designation and boasts a total of 25,792 square feet. This specific space includes finished offices and an open bullpen area, accessible by elevator and equipped with in-suite restrooms. On-site parking is available for tenants, with 13 spaces plus a shared lot. The building is zoned Central Commerce (C-1) and sits on a 0.35-acre lot in Berks County. The property is currently multi-tenant, with Truist Bank occupying a significant portion of the building. This presents a unique opportunity for a business seeking a prominent location in a well-established building with convenient amenities and ample parking. The building's configuration allows for multi-tenant occupancy, making it suitable for a variety of business needs. The entire building is also available for sale.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1880
Total area 19,528 SF
Lot 0.14 ac (6,098 SF)
APN 5387-20-81-9417
UPID US73-1485235
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
$664k
Blend (final) Blend
$515k
Owner & transaction history
Strasburg Square Properties LLC · 7 yrs held
Strasburg Square Properties LLC
since 2019
4 recorded transactions
2020
Price N/A
2019
$2.0M
2019
$815,000
2007
$800,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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