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Property profile & analytics
OFF-MARKET
Automotive properties

2 Penn Ave Wernersville, PA 19565-1629

3,412 SF 1.66 ac lot Built 1926
Individually Owned 22-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-0852424
Property summary
AI-generated overview

This exceptional commercial property in Wernersville, Pennsylvania, presents a unique investment opportunity. The offering encompasses a prime 1.66-acre lot in the Town Center zoning district, boasting 314 feet of frontage on heavily trafficked US Route 422 (over 16,000 vehicles daily). Two traffic signals and two side entrances (off Werner Street and Stitzer Avenue) provide excellent accessibility. The property's zoning permits a mixed-use development, including restaurants, offices, retail spaces, and residential apartments, subject to a 20-foot front yard setback along Penn Avenue. The site offers outstanding signage opportunities and excellent drive-thru potential. In addition to the land, the sale includes a 25,000 square foot existing building situated directly across Werner Street on an additional 0.74 acres. This building features a former auto showroom, offices, and service garages. The property is located at 2 and 60/74/78 East Penn Avenue, Wernersville, PA 19565 (Tax ID Nos. 90-4366-11-57-7029, 90-4366-11-57-9170, 90-4366-11-67-0038, & 90-4366-11-67-1007). The asking price for this entire property is $3,000,000. This is a truly exceptional location in Wernersville.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1926
Total area 3,412 SF
Lot 1.66 ac (72,310 SF)
APN 4366-11-57-7029
UPID US73-0852424
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Heidelberg Heritage Society · 22 yrs held
Heidelberg Heritage Society
since 2003
2 recorded transactions
2003
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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