Waterfront Property for sale in Boyertown Pennsylvania | Lake Houses of Pennsylvania
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Waterfront Property for sale in Boyertown Pennsylvania

18 photos
$790,000 20 acres
2228 FARMINGTON AVENUE, Boyertown, PA 19512 - Berks County

20 acres Boyertown, PA

2228 to 2234 Farmington Avenue. This is a 26,000 SF two story industrial building that is perfect for a USER who needs 8300 to 13000 SF and can run their operation from a second floor location (loading of material/ product by dock and material lift - buyer will be given a $60,000 credit at settlement for the installation of a product lift). The first floor is rented to 3 tenants with an annual BASE rent of $53,211 PLUS the "nets" (meaning the tenants pay their share of all operating costs in addition to the base rent- which came to $1.20 per SF per year in 2017). All spaces have their own electric service, gas service, offices, restrooms and docks. The BASE rental income from the first floor tenants would support the entire debt service for
10 photos
$395,000 20 acres
2214 FARMINGTON AVENUE, Boyertown, PA 19512 - Berks County

20 acres Boyertown, PA

This building is a perfect small investment or 1031 tax free exchange opportunity - 6% cap rate. Tenant is in the technology industry and has a two year lease (2-1-18 to 1-31-20) at the NET annual rent of $30,600 and $31,365. The tenant also has two (2) two (2) year options. Annual NET rent for the option periods will be released upon request. Landlord pays repairs/ replacements. Tenant pays real estate taxes, owner's insurances, lawn/ snow, water/ sewer, utilities, janitorial and phone/ internet. This building was completely renovated in 1990 with 800 amp 120/208 volt 3 phase electric, 3 gas fired hot air systems with central air, new restrooms (ADA compliant), etc. It can be used as offices, medical manufacturing, research and development