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2228 Farmington Avenue
Boyertown, PA 19512
MLS# 1004013417 ID: 48587365
$725,000
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Property Description
Commercial Sale - BOYERTOWN, PA The building address for ths building is 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 forklift - alternative is to install a material 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 $1.40 per SF per year in 2016). 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 this building (at 75% LTV, 4.75% interest rate on a 20 year amortization schedule)with $11,000 left over. The building has undergone extensive renovations, including: (1) a new rubber roof of 10,000 SF (20 year product warranty), (2)Exterior painted with BEHR Elastomeric paint, (3) 12 new 6' x 6' Andersen 100 Series slider windows, (4)Interior of 8300 SF 2nd floor space has been painted (walls and floors). Other improvements include a new ADA restroom on the 2nd floor, new carpeting in all 2nd floor offices and a new heat/CA system for one of the 1st floor office areas. FEMA has provided written verification that this building is NOT in the Special Flood Hazard Area (SFHA). The current tenants expiration dates for their leases are 3/31/2020; 2/28/23 and 2/28/19. Detail tenant information is available with a signed confidentiality statement. The Colebrookdale Industrial Center is a condominium project of 5 buildings totalling approximately 90,000 SF (with the 2228 to 2234 Farmington Avenue building being one of these buildings). The monthly condo fee for this building is $929 in 2017).
Property Features
Status
Last Updated November 18, 2017
Market Status Available
Description
Property Type Commercial
Year Built 1900
Exterior Features
Exterior Construction Block; Brick
Parking Off Street; Parking Lot; Paved or Surfaced; Special Needs
Legal/Financial
Taxes 9994
Listing Features
Property Type Commercial;
Offered By:
Edwin Brooks
Brode & Brooks Inc
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Reading School District Preschool-5 Public
Preschool-12 Private
Preschool-8 Private
Preschool-8 Private
Preschool-6 Private
Diocese Of Allentown Preschool-k Catholic
Preschool-k Private
Preschool-k Private
Preschool-12 Private
Reading School District Preschool-5 Public
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Preschool-preschool Private
Reading School District Preschool-5 Public
Preschool-12 Private
Preschool-1 Private
Reading School District Preschool-5 Public
Reading School District Preschool-5 Public
Preschool-10 Private
Reading School District Preschool-5 Public
Preschool-preschool Private
Diocese Of Allentown Preschool-8 Catholic
Preschool-k Private
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Reading School District Preschool-5 Public
Reading School District Preschool-5 Public
Preschool-12 Private
Reading School District Preschool-5 Public
Reading School District Preschool-5 Public
Preschool-preschool Private
Reading School District Preschool-5 Public
Preschool-6 Private
Diocese Of Allentown Preschool-k Catholic
School District Grades Type
Reading School District Preschool-5 Public
Preschool-12 Private
Preschool-8 Private
Preschool-8 Private
Preschool-6 Private
Diocese Of Allentown Preschool-k Catholic
Preschool-k Private
Preschool-k Private
Preschool-12 Private
Reading School District Preschool-5 Public
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Reading School District Preschool-5 Public
Preschool-12 Private
Preschool-1 Private
Reading School District Preschool-5 Public
Reading School District Preschool-5 Public
Preschool-10 Private
Reading School District Preschool-5 Public
Diocese Of Allentown Preschool-8 Catholic
Preschool-k Private
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Reading School District Preschool-5 Public
Reading School District Preschool-5 Public
Preschool-12 Private
Reading School District Preschool-5 Public
Reading School District Preschool-5 Public
Reading School District Preschool-5 Public
Preschool-6 Private
Diocese Of Allentown Preschool-k Catholic
School District Grades Type
Reading School District Preschool-5 Public
Daniel Boone Area School District 1-5 Public
Fleetwood Area School District K-4 Public
Preschool-12 Private
Preschool-8 Private
K-12 Private
Tulpehocken Area School District K-6 Public
Daniel Boone Area School District 3-5 Public
Preschool-8 Private
Boyertown Area School District K-6 Public
Brandywine Heights Area School District K-3 Public
Brandywine Heights Area School District 4-5 Public
Governor Mifflin School District K-4 Public
Preschool-6 Private
Muhlenberg School District 5-6 Public
Diocese Of Allentown Preschool-k Catholic
Preschool-k Private
1-10 Private
Boyertown Area School District K-6 Public
Conrad Weiser Area School District K-4 Public
Conrad Weiser Area School District K-4 Public
Wilson School District K-5 Public
Governor Mifflin School District K-4 Public
K-12 Private
Boyertown Area School District K-6 Public
K-12 Private
K-8 Private
Preschool-k Private
Preschool-12 Private
Reading School District Preschool-5 Public
Wilson School District K-5 Public
Kutztown Area School District K-5 Public
Upper Perkiomen School District K-5 Public
K-12 Private
K-k Private
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Governor Mifflin School District 5-6 Public
Exeter Township School District K-4 Public
K-8 Private
K-11 Private
1-12 Private
Kutztown Area School District K-5 Public
Diocese Of Allentown Preschool-8 Catholic
Reading School District Preschool-5 Public
1-12 Private
Preschool-12 Private
Preschool-1 Private
Exeter Township School District K-4 Public
Governor Mifflin School District K-4 Public
Reading School District Preschool-5 Public
Daniel Boone Area School District K-2 Public
Antietam School District 2-6 Public
Antietam School District K-1 Public
Muhlenberg School District K-4 Public
K-12 Private
Reading School District Preschool-5 Public
K-12 Private
Oley Valley School District K-5 Public
1-8 Private
Exeter Township School District K-4 Public
Tulpehocken Area School District K-6 Public
Hamburg Area School District K-5 Public
Boyertown Area School District K-6 Public
Preschool-10 Private
1-11 Private
Exeter Township School District 5-6 Public
Fleetwood Area School District K-4 Public
Reading School District K-5 Public
Twin Valley School District K-4 Public
Diocese Of Allentown K-8 Catholic
Diocese Of Allentown K-8 Catholic
Schuylkill Valley School District K-4 Public
Wilson School District K-5 Public
Reading School District Preschool-5 Public
Wilson School District K-5 Public
Diocese Of Allentown Preschool-8 Catholic
Preschool-k Private
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown K-8 Catholic
Reading School District Preschool-5 Public
Reading School District Preschool-5 Public
Preschool-12 Private
Reading School District Preschool-5 Public
Reading School District Preschool-5 Public
Hamburg Area School District K-5 Public
Reading School District K-5 Public
Reading School District Preschool-5 Public
Boyertown Area School District K-6 Public
Wyomissing Area School District 5-6 Public
1-7 Private
Wilson School District K-5 Public
Fleetwood Area School District K-4 Public
Preschool-6 Private
Wyomissing Area School District K-4 Public
Diocese Of Allentown Preschool-k Catholic
School District Grades Type
Antietam School District 7-12 Public
Preschool-12 Private
Preschool-8 Private
K-12 Private
Preschool-8 Private
Boyertown Area School District 7-9 Public
Brandywine Heights Area School District 6-8 Public
Muhlenberg School District 5-6 Public
1-10 Private
Reading School District 8-9 Public
Conrad Weiser Area School District 5-8 Public
7-12 Private
K-12 Private
Daniel Boone Area School District 6-8 Public
Exeter Township School District 7-8 Public
K-12 Private
K-8 Private
Fleetwood Area School District 5-8 Public
Preschool-12 Private
Governor Mifflin School District 7-8 Public
Hamburg Area School District 6-8 Public
K-12 Private
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Governor Mifflin School District 5-6 Public
K-8 Private
K-11 Private
1-12 Private
Kutztown Area School District 6-8 Public
Diocese Of Allentown Preschool-8 Catholic
1-12 Private
Preschool-12 Private
Muhlenberg School District 7-9 Public
K-12 Private
Reading School District 6-7 Public
Reading School District 6-7 Public
K-12 Private
Oley Valley School District 6-8 Public
1-8 Private
Preschool-10 Private
1-11 Private
Exeter Township School District 5-6 Public
Diocese Of Allentown K-8 Catholic
Diocese Of Allentown K-8 Catholic
Schuylkill Valley School District 5-8 Public
Reading School District 6-7 Public
Reading School District 6-7 Public
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown Preschool-8 Catholic
Diocese Of Allentown K-8 Catholic
Preschool-12 Private
Tulpehocken Area School District 7-12 Public
Twin Valley School District 5-8 Public
Wyomissing Area School District 5-6 Public
1-7 Private
Wilson School District 6-8 Public
Wilson School District 6-8 Public
Wyomissing Area School District 7-12 Public
School District Grades Type
Antietam School District 7-12 Public
Preschool-12 Private
Berks Ctc 9-12 Public
Berks Ctc 10-12 Public
K-12 Private
9-12 Private
Boyertown Area School District 10-12 Public
Brandywine Heights Area School District 9-12 Public
Reading School District 8-9 Public
Conrad Weiser Area School District 9-12 Public
7-12 Private
K-12 Private
Daniel Boone Area School District 9-12 Public
Exeter Township School District 9-12 Public
K-12 Private
Fleetwood Area School District 9-12 Public
Preschool-12 Private
Governor Mifflin School District 9-12 Public
Hamburg Area School District 9-12 Public
K-12 Private
Diocese Of Allentown 9-12 Catholic
9-12 Public
K-11 Private
1-12 Private
Kutztown Area School District 9-12 Public
1-12 Private
Preschool-12 Private
Muhlenberg School District 10-12 Public
K-12 Private
K-12 Private
Oley Valley School District 9-12 Public
9-12 Private
Reading Muhlenberg Career And Technology Center 10-12 Public
Reading School District 10-12 Public
1-11 Private
Schuylkill Valley School District 9-12 Public
Preschool-12 Private
Tulpehocken Area School District 7-12 Public
Twin Valley School District 9-12 Public
Wilson School District 9-12 Public
Wyomissing Area School District 7-12 Public
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 93 Pheasant Run, Boyertown, Pa 19512 4 2 $285,000
2 24 Elaine, Boyertown, Pa 19512 3 1 $175,000
3 205 Water, Boyertown, Pa 19512 3 1 $86,000
4 5 Elaine, Boyertown, Pa 19512 4 2 $209,900
5 45 Walker, Boyertown, Pa 19512 2 1 $75,000
6 57 Walker, Boyertown, Pa 19512 3 1 $180,000
7 57 Walker, Boyertown, Pa 19512 3 1 $102,000
8 76 Popodickon, Boyertown, Pa 19512 3 2 $220,000
9 307 Funk, Boyertown, Pa 19512 4 2 $250,000
10 27 Alans, Boyertown, Pa 19512 3 1 $216,000
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 17,555
Population Growth 4%
Population Density 405
Median Age 43.1
Median Income $59,160
Households 7,077
Weather
Jan Low 18.03
Jan High 35.34
July Low 61.34
July High 84.11
Annual Precipitation (in.) 65.61
Weather Risk Index* 87
*Index score (100 = National Average) that represents the total risk
Boyertown Demographics
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Boyertown Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by TREND MLS

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