4718 Kutztown RdTemple, PA 19560

Property Details for 4718 Kutztown Rd

Year built

1971

Lot size

0.31 AC

Property size (Sq ft)

2,536 SF

Property type

Office properties

Property subtype

Office buildings

APN

5309-12-96-3163

APU

530912963163

Description

This exceptional 2,700 square foot mixed-use commercial building is situated on a 0.31-acre lot at 4718 Kutztown Road in Temple, Pennsylvania. Currently configured as two separate units, the property's layout allows for a potential third unit, reflecting its versatile nature. The building's history includes a previous use as a convenience store, contributing to its high visibility and established presence within the community. A significant asset is the large, well-lit parking lot accommodating 15 or more vehicles, complemented by prominent signage opportunities. Additional exterior features include a convenient rear storage shed. The interior boasts recently renovated office space in one unit, featuring reception areas, five private offices, three restrooms, and a kitchenette. This unit currently commands a monthly rent of $3,000. The second unit offers a spacious open area, a private office/meeting room, and two restrooms, currently leased at $825 per month. The property benefits from modern amenities including new gas heating, central air conditioning, and three separate 200-amp electrical services. High-speed internet access is provided via a Comcast system. The building presents numerous possibilities for expansion, redevelopment, or continued operation as a multi-tenant commercial property. The current tenants are willing to relocate or lease a smaller space within the building, ensuring a smooth transition for any new owner. Priced at $449,900, this property represents a compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $391,432

  6.5%

  $361,321

  7%

  $335,513

• Comparable approach

  Method

  Valuation

  Relative Method

  $194,459

  Geo Method

  $331,354

• Alternative Use

  Use

  Valuation

  Residential

  $448,039

  Hospitality

  $410,401

  Educational

  $341,449

  Medical

  $353,192

  Retail

  $531,143

Location Insight

City

Temple

County

Berks

State

Pennsylvania

Latitude

40.4064

Longitude

-75.9205

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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