180 Old Swede RdDouglassville, PA 19518

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.

• 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

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

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