201 Main St Bernville, PA 19506
- Banks
- 7,128 SF
- 0.68 lot acres
Current Use by Public Records
- Banks
Property Details for 201 Main St
- Year built
- 1925
- Lot size
- 0.68 lot acres
- Property size
- 7,128 SF
- Property type
- Banks
- APN
- 4450-15-64-2425
- APU
- 445015642425
Description
This exceptional 9,000 square foot mixed-use building at 201 N Main Street, Bernville, PA presents a remarkable investment opportunity. Situated on a 0.68-acre lot, this three-story property offers unparalleled versatility, suitable for a wide range of commercial uses. Potential tenants could include financial institutions, offices, medical practices, retail businesses, or food and beverage establishments. However, prospective buyers should verify permitted uses with the Bernville Borough. The building boasts convenient features designed for optimal functionality and accessibility. These include two stairwells, an elevator servicing all three floors, multiple restrooms, and several private offices. Ample off-street parking is available, along with a valuable drive-through feature, enhancing the property's appeal and practicality for various businesses. The asking price is $699,900. A net-net-net (NNN) lease option is also available for interested parties. This property's prime location, extensive amenities, and flexible usage potential make it an exceptional investment in the thriving Bernville market. Don't miss this chance to acquire a highly desirable commercial property in a sought-after location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $510,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $510,000
- 6.5%
- $585,000
- 7%
- $520,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $550,000
- Geo Method
- $600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $575,000
- Retail
- $475,000
- Mixed-Use
- $470,000
- Hospitality
- $535,000
- Educational
- $560,000
- Residential Income
- $530,000
- Energy
- $470,000
- Income-Based Land
- $570,000
- Food Service
- $460,000
Location Insight
- Map
- Local Demand
- City
- Bernville
- County
- Berks
- State
- Pennsylvania
- Longitude
- -76.1108
- Latitude
- 40.4321
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA