2214 FARMINGTON AVENUE Boyertown, PA $ 395,000
2214 FARMINGTON AVENUE
$ 395,000
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2214 FARMINGTON AVENUE

Boyertown, PA, 19512
$ 395,000
Bedrooms Baths-- Sq 5,100

Monthly Estimate*

$ 1,884

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Commercial Property for sale in Boyertown, PA

for $395,000. This 5,100 square foot building was built in 1910 on a lot size of 20.00 Acre(s).

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.

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Commercial Active

Price

$ 395,000

Property Type

Commercial

Taxes

$ 4,933

Style

Other / Unknown

Lot Size

20.00 Acre(s)

Year Built

1910

Town/City

Boyertown

County/Region

Berks

MLS | Web ID

1001239025

Features
Room Sizes
Master Bedroom
Interior
Appliances Exhaust System
Cooling System Central Air Electric Cooling
Flooring Carpet(s) Tile Flooring
Heating Source Electric Natural Gas
Heating System Forced Air Hot Water Heater: Electric
Interior Clearspan
Sewer On Site Septic Sewer
Water Source Other Well
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Exterior
Construction Brick
Foundation Stone
Lot Description Golf Course Frontage
Road Frontage Boro/Township
Roof Pitched/Sloped Rubber
Waterfront Description Access Creek Waterfront Property
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Miscellaneous
Accessibility Mobility Improvements
Commercial Commercial Refrigerator Kitchen Overhead Door(s) Private Restroom Security System / Alarm
Location Near Highway Suburban
Maintenance Fee Includes Taxes
Utilities Electric Gas Phone Water
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Rental
Lease Terms 3 years
Rent Includes Parking
Tenant Pays Cable Electric Gas Heating Hot Water Insurance Janitorial Lawn Maintenance Pest Control Sewer Snow Removal Trash
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* Excluded Features
List By

Listing Agent

Brode & Brooks Inc

Broker

Affordability Calculator

$2,295
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,884
Monthly Property Taxes
$411
Monthly Home Insurance
--
Edit Insurance and Taxes
Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
COLEBROOKDALE INDUSTRIAL Community
BOYERTOWN AREA School District
Pricing History
DatePricePrice ChangeDescription
10/10/2018$395,000 -3.66% Price Down
10/16/2017$410,000 Listed Price

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2214 FARMINGTON AVENUE, Boyertown, PA, 19512 is a Commercial Property for sale at $395,000 with 5,100 sqft and a lot size of 20.00 Acre(s). 2214 FARMINGTON AVENUE was built in 1910. The property's zip code is 19512 which is in Boyertown, PA