346 Main StOley, PA 19547

  • Mixed-use properties
  • 8,592 SF
For Sale

Property Details for 346 Main St

Year built
1850
Lot size
0.34 AC
Property size (Sq ft)
8,592 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
5349-19-50-3420
APU
534919503420

Description

This exceptional commercial property, located at 346 E Main Street in Oley, Pennsylvania, presents a fantastic opportunity for a variety of businesses. Previously utilized as a doctor's office, this 0.34-acre property offers a first-floor space ideal for medical practices, satellite offices, or general business operations. The building features a welcoming main street entrance leading to a common area with a reception desk. The office space itself comprises five separate rooms beyond the reception area: four exam rooms (easily adaptable as offices) and a private office. All rooms boast soundproof walls and ceilings, ensuring privacy and quiet work environments. A handicap-accessible restroom is conveniently located down the hall. Ample parking is provided with a newly paved lot accommodating 18 vehicles, including a designated handicap parking space. The property is in excellent condition and ready for immediate occupancy. An additional 600 square feet of basement space is available for lease and can be negotiated separately. This prime location in the beautiful Oley Valley offers a blend of convenience and accessibility, making it an attractive option for businesses seeking a well-maintained and functional space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,370,834
    6.5%
    $2,188,462
    7%
    $2,032,143
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,178,742
    Geo Method
    $1,122,631
  • Alternative Use

    Use
    Valuation
    Residential
    $2,713,693
    Hospitality
    $2,485,728
    Educational
    $2,068,096
    Medical
    $2,139,222
    Retail
    $3,217,039
346 Main St, Oley, Pennsylvania

Location Insight

City
Oley
County
Berks
State
Pennsylvania
Latitude
40.3886
Longitude
-75.7918
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
$3,008
$37,500
$184,300
$221,800
-
$37,500
$184,300
$221,800

FAQs

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