Bldg A | 515-523 Old Swede Rd
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Bldg A 515-523 Old Swede Rd
14,000 SF 100% Leased Office Building Douglassville, PA 19518 $1,350,000 ($96/SF)
Investment Highlights
- Convenient to Rt 22 and to Rt 73 in Berks County
- 48+ parking spaces
- 1400sf garage and covered parking
- 10,000 VPD traffic counts on Old Swede Rd.
Executive Summary
This well-maintained property is located on Old Swede Rd (rt 662). Convenient to Rt 22 and to Rt 73 in Berks County. This property consists of 3 building on the property. One which has been leased to Salon for 24 years. Barn building is fully leased. The third building is currently 1400sf garage and covered parking with office built on
2nd floor. Most tenants on the property have been tenants for over 5 years. 48+ parking spaces and total sf on all 3 buildings is over 14,500 sf.
2nd floor. Most tenants on the property have been tenants for over 5 years. 48+ parking spaces and total sf on all 3 buildings is over 14,500 sf.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
14,000 SF
Building Class
B
Year Built
1992
Price
$1,350,000
Price Per SF
$96
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,667 SF
Building FAR
0.12
Lot Size
2.58 AC
Zoning
Lite Ind/Office - Business, Professional, Office lite industrial
Parking
60 Spaces (4.29 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
Parcel Number | 24-5364-07-58-4708 | Improvements Assessment | $517,200 |
Land Assessment | $97,700 | Total Assessment | $614,900 |
PROPERTY TAXES
Parcel Number
24-5364-07-58-4708
Land Assessment
$97,700
Improvements Assessment
$517,200
Total Assessment
$614,900
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Bldg A | 515-523 Old Swede Rd
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