2214 Farmington Avenue

    Boyertown, PA 19512
    • $410,000
    • STATUS: Active
    • ON SITE: 345 days
    • ID#: 7016843
    UPDATED: 37 min ago
    $410,000
    • 0
      BEDS
    • 20
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,100
      SQFT
    • $80
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1911
    County:

    School Ratings & Info

    School District:
    Listing courtesy of Brode & Brooks Inc.

    Description

    This building is a perfect small investment or 1031 tax free exchange opportunity. 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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    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Daunno Realty Services, LLC participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-06-21T06:59:50.63.
    www.daunnorealty.com/homes/74468718

    2214 Farmington Avenue Boyertown, PA 19512

    • Price: $410,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 7016843
    0
    Beds
    0
    Baths
    0
    ½ Baths
    20
    Acres
    5,100
    SQFT
    $80
    $/SQFT
    1911
    Built
    Neighborhood:
    None
    County:
    Berks
    Area:
    Douglas Twp (10241)
    School District:
    Boyertown Area
    Property Description
    This building is a perfect small investment or 1031 tax free exchange opportunity. 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.
    Exterior Features

    Exterior Brick Exterior Amenities HwyexposureSignext Foundation Stone Foundation Load Drive-In Door Location SuburbanMiddlofblockHighway Location Types Stream/Creek Lot Dimensions 000 X IRR Parking 76 to 100 Car GarageLot ParkingPaved ParkingStone ParkingAssignedOff StreetHandicap Parking Roads Boro/Township Roof Pitched RoofRubber Topography Flood Plain Water Front Yes Water Frontage 1000

    Interior Features

    Bathrooms Two BathroomsPrivate Restrooms Building Features CafeteriaClear SpanExhaust SystemKitchen FacilitiesOverhead DoorRefrigeratorSecurity System Floor Tile/BrickCarpetflr Handicap Moblimprmods Hot Water Electric Interior Square Feet Source Listor Leasable Sq Ft 5100.0 Walls Ceilings Sheetrckintw

    Property Features

    Annual Gross Income 30600.0 Annual Lease Price 30600.0 Annual Lease Price Per Sq Ft 6.0 Building Name Colebrookdale Industrial Building Or Business IndustrialOfficeProfessionalR&D Flex SpaceSpcialpurposLightmfg Current Financing ConventionalIndustdevath Electric Service 400+AmpselecCircuit Breakers Fuel On Site On Site GasOn Site Electric Has Contingency No Inclusion Remarks Subject To Existing Lease Land Only No Land Use Code 3335 Lease Type Net Leased Units 1 Lot Number 6804-C03 Property Option Sale Sewer Septic On Site Septic Tax Year 2018 Tenancy 3 Yr Or LessOption to RenewNegotiable Lease Total Assessment 128700.0 Total Taxes 4759.0 Traffic Count Trf5000-9999 Utilities Water AvailableSewer AvailableGas AvailableElectric AvailablePhone Utilities Water Well Zoning Code Li



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Daunno Realty Services, LLC participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-06-21T06:59:50.63.
     
    Daunno Realty Services, LLC
    251 Westfield Ave.
    Clark NJ, 07066
    Listing courtesy of Brode & Brooks Inc.