Technical
Financial
Distress signals
Property profile

346 Main St Oley, PA 19547

OFF-MARKET
Investment properties
Property ID
US73-5075063
8,592 SF 0.34 ac lot Built 1850
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 346 E Main Street in Oley, Pennsylvania, presents a fantastic opportunity for a variety of businesses. Previously utilized as a doctor's office, this 0.34-acre property offers a first-floor space ideal for medical practices, satellite offices, or general business operations. The building features a welcoming main street entrance leading to a common area with a reception desk. The office space itself comprises five separate rooms beyond the reception area: four exam rooms (easily adaptable as offices) and a private office. All rooms boast soundproof walls and ceilings, ensuring privacy and quiet work environments. A handicap-accessible restroom is conveniently located down the hall. Ample parking is provided with a newly paved lot accommodating 18 vehicles, including a designated handicap parking space. The property is in excellent condition and ready for immediate occupancy. An additional 600 square feet of basement space is available for lease and can be negotiated separately. This prime location in the beautiful Oley Valley offers a blend of convenience and accessibility, making it an attractive option for businesses seeking a well-maintained and functional space.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1850
Total area 8,592 SF
Lot 0.34 ac (14,810 SF)
APN 5349-19-50-3420
UPID US73-5075063

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Skin Care Clinic

Location

346 Main St Oley, PA 19547-8712
Oley metro Census 12902 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$567k
Blend (final) Blend
$290k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $920,000 +64.3%
Office building $835,000 +49.6%
Restaurant $770,000 +37.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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