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Key Details
Sold Price $825,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $68
MLS Listing ID PABK357098
Sold Date 06/24/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1972
Annual Tax Amount $13,392
Tax Year 2020
Lot Size 1.430 Acres
Acres 1.43
Lot Dimensions 0.00 x 0.00
Property Description
9 Unit Investment Opportunity! Main building was completely rebuilt in 2009 (plans available) and provides two first floor commercial lease spaces and two second floor apartments, 2 bedrooms each. The first floor spaces are currently occupied by a hair and nail salon and the other by a tanning salon. Ample parking with 39 spaces plus 2 special needs spaces for the commercial tenants. Fire-rated walls, emergency lighting, quality construction. The second building contains five 1-bedroom apartments, all occupied. Great return on investment! In the Hamburg Boro, Village Commercial Zoning provides for many uses. With 1.43 acres, possibility to construct additional building. This also has the opportunity to land lease for up to 5000 Sq Ft building. Lot is currently marketed for land lease see MLS PABK357254.
Location
State PA
County Berks
Area Windsor Twp (10294)
Zoning MIXED RES/COMM
Interior
Hot Water Electric
Cooling Central A/C
Heat Source Propane - Leased
Exterior
Garage Spaces 39.0
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 39
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hamburg Area
Others
Tax ID 94-4495-18-31-4744
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Martin A Yourkavitch • Coldwell Banker Realty