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 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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