115 Main St Collegeville, PA 19426

Property Details for 115 Main St

Year built

2010

Lot size

0.46 lot acres

Property size

6,126 SF

Zone code

C1

Property type

Office buildings

APN

23-00-00838-00-3

APU

230000838003

Description

This exceptional investment opportunity presents a fully leased, 1300000 USD office building located at 115 W Main Street in Collegeville, Pennsylvania. Situated on a 0.46-acre lot, the property offers a turnkey solution for investors seeking immediate cash flow. The anchor tenant is MyEyeDr, a prominent national eye care provider with over 500 locations, ensuring strong tenant stability. A significant value-add opportunity exists with one smaller tenant currently operating under a month-to-month lease at below-market rent. This presents the potential for immediate rental income increases. Furthermore, the buyer may be able to incorporate a management fee into the common area maintenance (CAM) charges, generating additional revenue. The building is conveniently equipped with an elevator and is fully compliant with the Americans with Disabilities Act (ADA) accessibility standards. Ample parking is provided with 22 dedicated off-street spaces for tenants and visitors. This property represents a compelling investment prospect with significant upside potential due to the existing lease structure and the potential for increased revenue streams. The strong anchor tenant and the strategic location in Collegeville, PA, contribute to the overall attractiveness of this offering. This is a rare opportunity to acquire a well-maintained, fully leased office building in a desirable location.

Location Insight

City

Trappe

County

Montgomery

State

Pennsylvania

Longitude

-75.4663

Latitude

40.1952

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments