500 Hoch RdBlandon, PA 19510

Property Details for 500 Hoch Rd

Year built

1997

Lot size

1.66 AC

Property size (Sq ft)

4,194 SF

Property type

Turn key restaurants

APN

5420-06-49-7903

APU

542006497903

Description

This 4,194 square foot freestanding commercial building in Blandon, Pennsylvania, is available for sale. Located at 500 Hoch Rd, 19510, in Berks County, this single-unit property sits on a 1.66-acre lot and is zoned C-1. Built in 1997, the building offers a turnkey opportunity for an owner-user. The asking price is $800,000, translating to $190.75 per square foot. The property's prime location along a busy road is surrounded by apartments and other retail businesses, making it ideal for a variety of uses. The building is currently configured as a restaurant and storefront, but its versatile zoning allows for various commercial applications. A separate purchase option includes a turn-key Italian restaurant business, complete with inventory and a Berks County liquor license, for an additional $400,000. This presents a unique opportunity to acquire a thriving business alongside a strategically located commercial property in a high-growth area.

• CAP approach

  CAP return

  Valuation

  6%

  $951,596

  6.5%

  $878,396

  7%

  $815,653

• Comparable approach

  Method

  Valuation

  Relative Method

  $810,417

  Geo Method

  $1,380,930

• Alternative Use

  Use

  Valuation

  Residential

  $740,960

  Hospitality

  $678,715

  Educational

  $564,683

  Medical

  $584,103

  Retail

  $878,396

Location Insight

City

Blandon

County

Berks

State

Pennsylvania

Latitude

40.4434

Longitude

-75.8645

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].