$2,150,000
$2,300,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
41,000 SqFt
SOLD DATE : 09/09/2020
Key Details
Sold Price $2,150,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 41,000 sqft
Price per Sqft $52
Subdivision Baltic Mews
MLS Listing ID PABK350798
Sold Date 09/09/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1975
Annual Tax Amount $58,925
Tax Year 2020
Lot Size 6.130 Acres
Acres 6.13
Lot Dimensions 0.00 x 0.00
Property Description
Another 422 Opportunity !!!This is a NN investment. 4.5 years left on lease. $204,800 NOI/year. 8.90% CAP. Credit tenant categorized as an "Essential Business" because of ample government contracts, keeping facility open, providing pay checks for employees and insuring a rent check for landlord.
Location
State PA
County Berks
Area Amity Twp (10224)
Zoning LI/O-LIGHT INDUSTRIAL/OFF
Direction East
Interior
Hot Water Other
Cooling Central A/C
Flooring Concrete
Heat Source Natural Gas
Exterior
Garage Spaces 87.0
Waterfront N
Water Access N
Roof Type Other
Street Surface Black Top
Accessibility None
Road Frontage Boro/Township
Parking Type Parking Lot
Total Parking Spaces 87
Garage N
Building
Sewer Public Sewer
Water Well
New Construction N
Schools
School District Daniel Boone Area
Others
Tax ID 24-5344-07-78-4960
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Other
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