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Babak Taghavi
Direct Office:
703-975-5089
sailer40@aol.com
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Babak Taghavi
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Direct Office:
703-975-5089
sailer40@aol.com
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FOR SALE
$2,850,000

5 E Penn Avenue
Wernersville, PA 19565

General Commercial
Commercial
0.41
Acre Lot
Courtesy: Pagoda Realty, 6109857700
Home> Pennsylvania> Wernersville> 19565
*** 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!
PABK2046956
General Commercial
WERNERSVILLE BORO
BERKS
1890
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0.41 Acres
Gas Water Heater, Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Pagoda Realty, 6109857700
This content last refreshed on 9/13/2024 8:21 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.