2214 Farmington Avenue, Boyertown, PA 19512
- $395,000
- List Price
- $395,000
- Price Change
- ▼ $15,000 1539172322
- Days On Market
- 830
- Status
- ACTIVE
- MLS#
- 1001239025
- Lot Size (Acres)
- 20
- Year Built
- 1910
- County
- Berks
Property Description
This building is a perfect small investment or 1031 tax free exchange opportunity - 6% cap rate. Tenant is in the technology industry and has a two year lease (2-1-18 to 1-31-20) at the NET annual rent of $30,600 and $31,365. The tenant also has two (2) two (2) year options. Annual NET rent for the option periods will be released upon request. Landlord pays repairs/ replacements. Tenant pays real estate taxes, owner's insurances, lawn/ snow, water/ sewer, utilities, janitorial and phone/ internet. This building was completely renovated in 1990 with 800 amp 120/208 volt 3 phase electric, 3 gas fired hot air systems with central air, new restrooms (ADA compliant), etc. It can be used as offices, medical manufacturing, research and development, light manufacturing and assembly. There is 3,400 SF on the first floor, 1700 SF on the second floor - plus there is 1700 SF on the lower level (which previously served as a small machine shop) with a double door outside exit. Lunchroom and Drive In Door. A floor plan is attached. Flood Insurance for 2017 is $3,712. This building is part of the Colebrookdale Industrial Condominium Center which includes 5 buildings located along Farmington Avenue - 1.7 miles from Route 100 and 1/2 mile from Route 562. Reserved parking for 10 vehicles - overflow non reserve parking available.
/https://u.realgeeks.media/glenrussell/eXp-Realty.png)
Additional Information
- Area
- Douglas Twp (10241)
- Subdivision
- None Available
- Building Name
- Colebrookdale Industrial
- Taxes
- $4933
- Flooring
- Tile/Brick, Carpet
- Heating
- 90% Forced Air
- Heating Fuel
- Natural Gas, Electric
- Cooling
- Central A/C
- Roof
- Pitched, Rubber
- Utilities
- Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone
- Water
- Well
- Sewer
- On Site Septic
Mortgage Calculator
Listing courtesy of Brode & Brooks Inc.
© 2019 TReND. All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the TReND Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Real Estate Company participates, and is provided by TReND through a licensing agreement. Real estate listings held by brokerage firms other than Real Estate Company are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.