6631 Perkiomen AveBirdsboro, PA 19508

Property Details for 6631 Perkiomen Ave

Year built

1965

Lot size

1.06 AC

Property size (Sq ft)

3,504 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

5335-16-93-0759

APU

533516930759

Description

This exceptional mixed-use property in Birdsboro, PA, offers 3,663 square feet on a 1.06-acre lot with unparalleled highway visibility on Route 422. The nearly 1,500-square-foot commercial storefront boasts abundant natural light from its extensive window frontage and features a prominent billboard for maximum brand exposure. A large oversized garage door provides access to two sizable storage areas/garages, easily adaptable for additional retail space to suit your business needs. Above the commercial space, a spacious 1,400-square-foot residential apartment includes two bedrooms, one bathroom, and a bright kitchen with ample counter space. This apartment presents a valuable rental income opportunity or comfortable owner's quarters. The property is available for immediate occupancy, presenting a rare chance to acquire a versatile commercial space with significant potential in a high-traffic location. The combination of commercial and residential space makes this an ideal investment for entrepreneurs seeking a blend of business and living space or investors looking for a strong rental income stream. Don't miss this opportunity to own a prime commercial property with excellent visibility and versatile space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,089,444

  6.5%

  $1,005,640

  7%

  $933,809

• Comparable approach

  Method

  Valuation

  Relative Method

  $676,957

  Geo Method

  $709,641

• Alternative Use

  Use

  Valuation

  Residential

  $1,005,640

  Hospitality

  $921,161

  Educational

  $766,395

  Medical

  $792,753

  Retail

  $1,192,171

Location Insight

City

Birdsboro

County

Berks

State

Pennsylvania

Latitude

40.2884

Longitude

-75.8172

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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