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Property profile & analytics
FOR SALE
Apartment buildings

350 Main St Schwenksville, PA 19426

6,300 SF 0.17 ac lot Built 1970
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US73-2628847
Property summary
AI-generated overview

This exceptional free-standing, two-story commercial building, situated on a 0.76-acre lot at 350 W Main Street in Trappe, Pennsylvania, presents a unique investment opportunity. Built in 2005, this corner property boasts 8,442 square feet of space, with 2,814 square feet on each of the two floors, plus a full basement. The building features high visibility from its Main Street location, offering excellent exposure to a high volume of traffic. Ample parking is available with a 30+ car lot. The property is zoned VC (Village Commercial), allowing for a wide range of office and professional uses. The lower level suite, measuring 2,814 square feet, is currently leased at $13.00 per square foot, generating $3,048.00 in monthly rent (plus utilities). The building includes convenient amenities such as ADA-compliant features, restrooms, and kitchenettes on each floor. Annual property taxes are $15,222. Its prime location offers easy access to local stores and restaurants. This is an ideal opportunity to acquire a well-maintained, high-traffic commercial property in a thriving community. The asking price is $1,200,000.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1970
Total area 6,300 SF
Lot 0.17 ac (7,300 SF)
Zoning code C
APN 20-00-00161-00-8
UPID US73-2628847
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
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
$936k
Blend (final) Blend
$705k
Owner & transaction history
Royersford Investments LLC · 5 yrs held
Royersford Investments LLC
since 2021
Last sale
$565,000
5 recorded transactions
2021
$565,000
2008
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C · Schwenksville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Internally illuminated signs shall be permitted by conditional use only in the following districts: VC-1 Village Commercial District, VC-2 Village Commercial District, C Commercial District, IN Institutional District, and MI Manufacturing Industrial District. Internal illumination shall be limited to the letters and logos of a sign only. II. Internal illumin…

Zone name Commercial
General category MIXED_USE
Zone area 1.43 ac
Top alternative use upside
Office building $1.0M +17.7%
Medical building $995,000 +13.4%
Restaurant $885,000 +1.0%
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