41 Centre AveLeesport, PA 19533

  • Retail properties
  • 11,755 SF
For Lease
$144/SF/YR View listing

Property Details for 41 Centre Ave

Year built
1935
Lot size
2.00 AC
Property size (Sq ft)
11,755 SF
Property type
Retail properties
Property subtype
Auto shops
APN
4491-19-61-6727
APU
449119616727

Description

This exceptional 15,000-square-foot freestanding building presents a unique investment opportunity in Leesport. Situated on two acres of land, the property boasts nine bays and includes office space. The building's versatile design makes it suitable for a variety of uses, including automotive, car wash, or hardware businesses. Its strategic location on heavily traveled Route 61 offers excellent visibility and accessibility, with convenient ingress and egress points on both Centre Avenue and East Shackamaxon Street. The property's proximity to established businesses such as Dollar General, Advanced Auto, Subaru, AutoZone (coming soon), Dunkin', McDonald's, Redner's, Sheetz, Rutter's, Leesport Diner, and the Leesport Farmers Market ensures high traffic and strong potential for customer base. Further enhancing its appeal is a 2,400-square-foot garage located at the rear of the property, offering additional storage or workspace. This single-tenant property is ideal for retail, restaurant, office, or medical uses, providing ample space and a prime location for a thriving business. The property is classified as Retail, Office, and Industrial, with subtypes including Manufacturing, Flex, Warehouse, and Distribution.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,667,145
    6.5%
    $2,461,980
    7%
    $2,286,124
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,271,447
    Geo Method
    $3,870,489
  • Alternative Use

    Use
    Valuation
    Residential
    $2,076,772
    Hospitality
    $1,902,312
    Educational
    $1,582,701
    Medical
    $1,637,133
    Retail
    $2,461,980
41 Centre Ave, Leesport, Pennsylvania

Location Insight

City
Leesport
County
Berks
State
Pennsylvania
Latitude
40.45
Longitude
-75.9652
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
$6,901
$202,400
$202,000
$404,400
-
$202,400
$202,000
$404,400

FAQs

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