2214 Farmington Ave

Estimated Monthly Payment: $2,212/mo 2214 Farmington Ave, Boyertown, PA 19512 MLS# 1001239025 Commercial Sale Listing Status: ACTIVE
Brode & Brooks, Inc. Brode & Brooks, Inc. Brode & Brooks, Inc. Logo (215) 679-4200 Contact Me
623
229
0
5

REMARKS:

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.

OVERVIEW:

Commercial Sale
ACTIVE
TREND
None Available
1910
20
871200
Flood Plain
Stone
Pitched, Rubber
Lot, Paved Parking, Stone Driveway, Assigned, Off Street, Handicap Parking
Natural Gas, Electric
Well
On Site Septic
Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone
Creek
1000

FEATURES:

Highway Exposure, Sign
Tile/Brick, Carpet

FINANCIAL:

395000
4933
4933

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Brode & Brooks Inc

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Brode and Brooks shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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