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

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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