180 Old Swede RdDouglassville, PA 19518

  • Retail properties
  • 19,320 SF
For Sale
$249,900 View listing

Property Details for 180 Old Swede Rd

Year built
2007
Lot size
2.93 AC
Property size (Sq ft)
19,320 SF
Property type
Retail properties
Property subtype
Retail space
APN
5364-14-44-6115
APU
536414446115

Description

This thriving 2,000 square foot delicatessen, located at 180 Old Swede Rd in Douglassville, Pennsylvania (zip code 19518), presents a fantastic investment opportunity. Priced at $249,900 ($124.95 per square foot), this well-established business boasts a 15-year history of serving high-quality Italian hoagies, baked goods, and award-winning tomato pie. Situated in the bustling Redner's mall, the deli benefits from consistent foot traffic and a loyal customer base. The current owners, who have operated the business with limited hours, have built a strong reputation for excellence, leaving significant room for growth. A new owner could expand operating hours, incorporate online ordering services (such as DoorDash and Grubhub), and further increase profitability. The current owners are committed to providing comprehensive training to ensure a smooth transition for the new buyer. All necessary documentation will be provided to qualified buyers, subject to landlord approval. This turnkey operation is ideal for a family business or an experienced entrepreneur seeking a profitable, established venture in a prime location. The property is located in Berks County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,836,665
    6.5%
    $7,233,845
    7%
    $6,717,142
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,679,318
    Geo Method
    $6,361,365
  • Alternative Use

    Use
    Valuation
    Residential
    $6,102,019
    Hospitality
    $5,589,416
    Educational
    $4,650,329
    Medical
    $4,810,261
    Retail
    $7,233,845
180 Old Swede Rd, Douglassville, Pennsylvania

Location Insight

City
Douglassville
County
Berks
State
Pennsylvania
Latitude
40.2606
Longitude
-75.7265
CBSA code
39740
CBSA name
READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,594
$280,600
$1,011,400
$1,292,000
-
$280,600
$1,011,400
$1,292,000

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