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Property profile & analytics
OFF-MARKET Estimated value $1,500,000
Investment properties

50 2nd Ave Collegeville, PA 19426-2689

7,294 SF 0.57 ac lot Built 1979
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-0986101
Property summary
AI-generated overview

This exceptional 900-square-foot commercial property, located at 50 Second Avenue in Montgomery County, presents a unique investment opportunity. The building, constructed in 1979 and renovated in 2012, boasts a Class B designation and offers a blend of executive office and coworking spaces, perfect for a variety of businesses. The entire 900 square feet is currently vacant, providing immediate occupancy for a single tenant or the potential to subdivide the space. The property sits on a 0.567-acre lot and features a two-story building with six total suites. Ample parking is available with 24 spaces. The building is zoned GC - General Commercial, allowing for diverse business applications. While there are no elevators, the building's layout is designed for efficient access to all suites. The convenient location, with proximity to Main Street, ensures high visibility and accessibility for clients and employees. This versatile property is ideal for businesses seeking a well-maintained, centrally located space with ample parking. The property's flexible layout and zoning make it suitable for a wide range of commercial uses. Don't miss this chance to secure a prime location in a thriving Montgomery County market.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1979
Total area 7,294 SF
Lot 0.57 ac (24,700 SF)
Zoning code C2
APN 04-00-01672-00-7
UPID US73-0986101
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
Current use
Occupant on record · Public records
  • Key Knowledge Tutoring Service
  • Carranza Roofing & Remodeling Roofing Company General Contractor
  • Audubon Family Medicine: Schurtz Rannette C MD Pediatrician Physician
  • Nails By Sunshine Nail Salon
  • Assisting Hands of Collegeville Home Health Care Service Home Help Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
$1.16M
Comparable Approach Comparable
$994k
Blend (final) Blend
$1.50M
Owner & transaction history
Perkiomen Creek Properties LLC · 2 yrs held
Perkiomen Creek Properties LLC
since 2024
Last sale
$1.5M
3 recorded transactions
2024
$1.5M
2024
Price N/A
2015
$695,000
Zoning & alternative use
C2 · Collegeville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.2M +193.0%
Retail stores $2.0M +167.0%
Office building $1.2M +62.2%
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