Property profile

904 Penn Ave Wyomissing, PA 19610

FOR SALE
Investment properties
Property ID
US73-0486254
5,323 SF 0.11 ac lot Built 1920
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional two-story medical office building, located at 904 Penn Ave in Wyomissing, Pennsylvania, presents a unique leasing opportunity. The property, boasting 3,500 total square feet, is classified as a Class B building and was constructed in 1920. Currently, there is 1,250 square feet of office space immediately available for lease, ideal for a variety of medical practices. The building sits on a 0.11-acre lot and is zoned C1, offering convenient access and ample parking with 5 spaces available. The building features multiple tenancies, providing a dynamic and collaborative environment. Its central Wyomissing location (zip code 19610) offers easy access to major roadways and a thriving community. The property's APN is 96-4397-20-90-9084, and it is situated in Berks County. This well-established building provides a solid foundation for a growing medical practice, offering a blend of historical charm and modern functionality. The available space is ready for immediate occupancy, presenting a rare opportunity to establish or expand your medical practice in a desirable location. Inquire today to learn more about this exceptional leasing opportunity.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1920
Construction FRAME
Total area 5,323 SF
Lot 0.11 ac (4,792 SF)
APN 4397-20-90-9084
UPID US73-0486254

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
  • Employment Agency
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

904 Penn Ave Wyomissing, PA 19610
Wyomissing metro Census 11102 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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