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Marjorie Dick Stuart

  • Cell 240-731-8079
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5 E Penn Ave, WERNERSVILLE, PA – $2,850,000

  • $2.9M Price
  • .41 Acres
  • 110 DOM
  • $2.9M Price
  • .41 Acres
  • 110 DOM

5 E Penn Ave

*** Projected Annual NOI of $430,000***Discover a rare investment opportunity with this 42-unit historic building, in a prime, high-traffic location. Boasting 38 residential rooming units, 17 of which having their own private bathrooms and 4 thriving commercial spaces. The commercial units are anchored by an open and thriving bar, a cozy cafe, a fully equipped kitchen, and a spacious restaurant/ballroom area ideal for events. In addition to a thrift shop adds to the building's diverse tenant mix. Included in the sale is an additional parcel just across the street, featuring a barn with its own parking lot. With zoning approval, this versatile space could be transformed into additional storage, parking, or even expanded living quarters, offering further potential to increase value. This profitable property offers stable income with significant upside for the savvy investor. Additional financials are available upon request, and all offers are welcome. Don't miss your chance to own a piece of history with endless possibilities. Schedule your showing today!

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Essential Information

  • MLS® #PABK2046956
  • Price$2,850,000
  • Bathrooms0.00
  • Acres0.41
  • Year Built1890
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address5 E Penn Ave
  • AreaWernersville Boro (10290)
  • SubdivisionNONE AVAILABLE
  • CityWERNERSVILLE
  • CountyBERKS-PA
  • StatePA
  • MunicipalityWERNERSVILLE BORO
  • Zip Code19565

Amenities

  • ParkingPrivate

Interior

  • HeatingBaseboard - Hot Water
  • CoolingWindow Unit(s)
  • # of Stories4

Exterior

  • ExteriorBrick and Siding, Frame
  • RoofRubber, Shingle
  • FoundationBrick/Mortar

School Information

  • DistrictCONRAD WEISER AREA

Additional Information

  • Date ListedAugust 12th, 2024
  • Days on Market110
  • ZoningRES

Listing Details

  • OfficePagoda Realty
  • Office Contact6109857700
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Listing information last updated on November 29th, 2024 at 5:30pm CST.