41 Centre AveLeesport, PA 19533
- Retail properties
- 11,755 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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