515-523 Old Swede RdDouglassville, PA 19518

Property Details for 515-523 Old Swede Rd

Year built

1992

Lot size

2.58 AC

Property size (Sq ft)

14,500 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional investment opportunity presents a well-maintained, multi-tenant office complex situated on 2.58 acres at 515-523 Old Swede Road (Route 662) in Douglassville, Pennsylvania, 19518. The property boasts three buildings totaling over 14,500 square feet, offering a diverse range of spaces. One building has housed a long-term tenant (24+ years) and a fully leased barn building contributes to a stable income stream. The third building, currently featuring a 1400 square foot garage and covered parking, presents significant upside potential with its vacant second floor, ideal for additional office space. The property benefits from ample parking (48+ spaces) and enjoys a prime location with convenient access to Routes 22, 73, and 422. Most tenants have maintained a long-term presence (5+ years), demonstrating the property's desirability and stability. Built in 1992, this two-story complex is offered at $1,350,000, representing a compelling price per square foot of $93.10. This is an excellent opportunity for investors seeking a strong, established income-producing asset with significant expansion possibilities.

Location Insight

City

Douglassville

County

Berks

State

Pennsylvania

Latitude

40.2722

Longitude

-75.724

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