15050 Kutztown RdKutztown, PA 19530

Property Details for 15050 Kutztown Rd

Year built

1999

Lot size

3.01 AC

Property size (Sq ft)

1,244 SF

Property type

Healthcare properties

Property subtype

Hospitals

APN

5443-18-31-8950

APU

544318318950

Description

This exceptional two-story medical office building, totaling 8,495 square feet, presents a fantastic opportunity in Kutztown, Pennsylvania. Currently, 4,343 square feet of contiguous space is available for lease on the lower level, ideal for a variety of commercial uses. The building features two suites in total, with ample parking conveniently located on the lower level. The property boasts a desirable location near Kutztown University, ensuring high visibility and accessibility. The building is equipped with electric power and elevators for convenient access to both floors. The zoning is commercial, allowing for diverse business applications. The minimum divisible space is 4,343 square feet, making it suitable for larger tenants seeking a substantial footprint. The building's flexible layout and prime location make it an attractive option for businesses seeking a well-maintained and conveniently situated office space. The address is conveniently located near Sharadin, offering easy access to major roadways. This is a rare opportunity to secure a significant space in a thriving Berks County location. The available space offers a blend of functionality and convenience, perfect for a variety of professional uses. Don't miss this chance to establish your business in this highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $335,540

  6.5%

  $309,729

  7%

  $287,606

• Comparable approach

  Method

  Valuation

  Relative Method

  $196,265

  Geo Method

  $186,922

• Alternative Use

  Use

  Valuation

  Residential

  $392,904

  Hospitality

  $359,898

  Educational

  $299,431

  Medical

  $309,729

  Retail

  $465,782

Location Insight

City

Kutztown

County

Berks

State

Pennsylvania

Latitude

40.5025

Longitude

-75.7939

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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