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5 E PENN AVENUE, WERNERSVILLE, PA 19565
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$2,850,000
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Home Details for 5 E PENN AVENUE
Price
$2,850,000
Type
Commercial/Industrial
Year Build
1890
Lot Size
0.41
County
BERKS
Tax
$7,335
MLS®️ Listing#
PABK2046956
On exitrealty.com
368 days
Property Description
*** 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!
- Heating Information
- Natural Gas
- Baseboard
- Parking
- Private
- Parking Lot
- Cooling Information
- Window Unit(s)
- Water Features
- Public
Listing Courtesy: Pagoda Realty - 610-985-7700
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-01-08 08:00:58
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EXIT PREFERRED REALTY
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$2,850,000
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EXIT PREFERRED REALTY
2105 Laurel Bush Rd. Suite 110, Bel Air, MD 21015