42 4Th StHamburg, PA 19526

  • Retail space
  • 9,896 SF

Property Details for 42 4Th St

Year built
1928
Lot size
0.13 AC
Property size (Sq ft)
9,896 SF
Property type
Retail space
APN
4494-05-19-0642
APU
449405190642

Description

This exceptional retail opportunity is located at 42 S 4th Street in the vibrant borough of Hamburg, Pennsylvania. Situated on a 0.13-acre lot, this property presents a unique chance to establish or expand a business in a bustling commercial area. The building's size is currently undetermined, requiring interested parties to conduct their own due diligence to ascertain the precise square footage. The property is offered at a price to be determined, making it an attractive proposition for buyers seeking a flexible investment. Its prime location within Hamburg offers excellent visibility and accessibility, ensuring high foot traffic and potential for significant customer engagement. The address, 42 S 4th Street, places the property within easy reach of local amenities and residential areas, contributing to its strong commercial viability. This property is ideal for a variety of retail uses, offering a blank canvas for entrepreneurs to create a thriving business. Serious inquiries are encouraged to conduct their own independent assessment of the property's potential and to determine a suitable purchase price. The property's location in the heart of Hamburg provides unparalleled access to a diverse customer base, making it a compelling investment opportunity for those seeking a strong return on their investment. Further details regarding the property's condition and potential uses can be obtained upon request. Don't miss this chance to secure a prime retail space in a thriving Pennsylvania community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,245,348
    6.5%
    $2,072,629
    7%
    $1,924,584
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,912,228
    Geo Method
    $3,258,389
  • Alternative Use

    Use
    Valuation
    Residential
    $1,748,340
    Hospitality
    $1,601,470
    Educational
    $1,332,404
    Medical
    $1,378,228
    Retail
    $2,072,629

Location Insight

City
Hamburg
County
Berks
State
Pennsylvania
Latitude
40.5542
Longitude
-75.9824
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
$3,020
$49,000
$125,100
$174,100
-
$49,000
$125,100
$174,100

FAQs

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