1321 Broad StQuakertown, PA 18951

Property Details for 1321 Broad St

Year built

1992

Lot size

0.33 AC

Property size (Sq ft)

6,698 SF

Zone code

NC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

35-002-046

APU

35002046

Description

This 7,000-square-foot retail space, formerly a brew-house, is available for lease at 1321 W Broad St in Quakertown, Pennsylvania. Located on West Broad Street, this single-tenant building offers significant renovation potential. The existing structure is ready for customization to suit a new tenant's specific business needs. The property features a recently installed HVAC system with four split-system heating and cooling units, ensuring energy efficiency and year-round comfort. Three ADA-compliant restrooms are included, enhancing accessibility. Ample parking is provided with over 50 private spaces located behind the building. The space boasts a brand-new epoxy floor, ideal for high-traffic areas. Security is enhanced with six new 360-degree view Alibi Witness security cameras. The property is zoned NC and situated in Bucks County. This presents a unique opportunity to establish a business in a thriving Quakertown community. The building's existing infrastructure provides a solid foundation for a variety of retail or restaurant concepts.

• CAP approach

  CAP return

  Valuation

  6%

  $2,445,914

  6.5%

  $2,257,767

  7%

  $2,096,498

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,220,229

  Geo Method

  $2,205,405

• Alternative Use

  Use

  Valuation

  Residential

  $1,904,511

  Hospitality

  $1,744,522

  Educational

  $1,451,422

  Medical

  $1,501,338

  Retail

  $2,257,767

Location Insight

City

Quakertown

County

Bucks

State

Pennsylvania

Latitude

40.4435

Longitude

-75.3534

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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