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Property profile & analytics
OFF-MARKET
Investment properties

908 Penn Ave Wyomissing, PA 19610-3017

4,310 SF 0.16 ac lot Built 1920
Individually Owned 6-yr Hold Free & Clear
Property ID
US73-1946667
Property summary
AI-generated overview

908 Penn Avenue in Wyomissing, Pennsylvania, presents a unique opportunity for a single-tenant office user. This property, previously a dental office, boasts exceptional street frontage along a bustling commercial thoroughfare in the heart of Wyomissing (zip code 19610). The main level offers ample space for a variety of professional office uses. A significant advantage is the inclusion of a +/- 690 square foot lower level, accessible at grade, which is not factored into the main square footage but is included in the lease. This additional space provides flexibility for expansion, storage, or other operational needs. The property's high visibility ensures significant exposure to the considerable foot and vehicle traffic characteristic of this busy commercial area. The building's location within Wyomissing offers easy access to local amenities and a strong professional community. The property is classified as both retail and office space, and specifically as a medical office and traditional office, making it suitable for a wide range of professional practices. This is a single-tenancy property, providing exclusive use and control for the tenant. The property's adaptability makes it an excellent choice for businesses seeking a prominent and convenient location in a thriving Pennsylvania community.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Total area 4,310 SF
Lot 0.16 ac (6,970 SF)
APN 4397-20-90-9013
UPID US73-1946667
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Carol A Labate · 6 yrs held
Carol A Labate
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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