Wernersville PA Commercial for Sale
$2,850,000
5 E Penn Avenue Wernersville, PA 19565
- Type:
- Other
- Sq.Ft.:
- 8,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.41 Acres
- Year built:
- 1890
- Baths:
- MLS#:
- PABK2046956
- Subdivision:
- None Available
ADDITIONAL INFORMATION
*** Projected Annual NOI of $430,000***Discover a rare investment opportunity with this 42-unit historic building, in a prime, high-traffic location. Boasting 38 residential rooming units, 17 of which having their own private bathrooms and 4 thriving commercial spaces. The commercial units are anchored by an open and thriving bar, a cozy cafe, a fully equipped kitchen, and a spacious restaurant/ballroom area ideal for events. In addition to a thrift shop adds to the building's diverse tenant mix. Included in the sale is an additional parcel just across the street, featuring a barn with its own parking lot. With zoning approval, this versatile space could be transformed into additional storage, parking, or even expanded living quarters, offering further potential to increase value. This profitable property offers stable income with significant upside for the savvy investor. Additional financials are available upon request, and all offers are welcome. Don't miss your chance to own a piece of history with endless possibilities. Schedule your showing today!
$2,490,000
2 E Penn Avenue Wernersville, PA 19565
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.66 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- PABK2029476
ADDITIONAL INFORMATION
1.66 Acre Lot (Full Block Zoned Town Center) in PRIME LOCATION with 314 Foot Frontage Along U.S. Rt. 422 (16,000 Vehicles per Day) with 2 Traffic Signals and 2 Side Streets (Werner Street & Stitzer Avenue) with Drive-Thru Potential for Fast-Food, Pharmacy, or Other Retail. Ideal for Restaurant, Convenience Food Store, Retail, Office, Residential, or Mixed Uses with Highly Visible Signage Opportunities. Town Center Zoning Allows for 60% Building Lot Coverage with 20-Foot Building Set-Back Off of Penn Avenue (U.S. Rt. 422). LONG-TERM GROUND LEASE AVAILABLE.
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Wernersville Real Estate
The median home value in Wernersville, PA is $330,000. This is higher than the county median home value of $257,000. The national median home value is $338,100. The average price of homes sold in Wernersville, PA is $330,000. Approximately 67.78% of Wernersville homes are owned, compared to 27.59% rented, while 4.63% are vacant. Wernersville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wernersville real estate agent to arrange a tour today!
Wernersville, Pennsylvania has a population of 2,780. Wernersville is more family-centric than the surrounding county with 34.28% of the households containing married families with children. The county average for households married with children is 28.1%.
The median household income in Wernersville, Pennsylvania is $56,282. The median household income for the surrounding county is $69,272 compared to the national median of $69,021. The median age of people living in Wernersville is 46.4 years.
Wernersville Weather
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 44.7 inches per year, with 24 inches of snow per year.