20 acres in Berks County, Pennsylvania
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20 acres in Berks County, Pennsylvania

2228 Farmington Avenue, Douglass , Pennsylvania 19512 - Berks County
$790,000 20 Acres
26000 Sq.Ft.
Property ID 4736051

Description

2228 to 2234 Farmington Ave. This is a 26,000 SF two story industrial building that is opportunistic for a USER who needs 8300 to 13000 SF and can run their operation from a 2nd floor location (loading of material/ product by material lift - buyer will be given a $60,000 credit at settlement for the installation of a product lift). The 1st floor is rented to 3 tenants with an annual base rent of $53,211. All leases are "net" ("net" in 2017 was $1.20 SF per year). All spaces have their own electric and gas services, offices, restrooms and docks. Building has just undergone extensive renovations (call for details). FEMA has provided written verification that this building is NOT in the Special Flood Hazard Zone (SFHA). Current tenant lease details are available with signed confidentiality agreement. The Colebrookdale Industrial Center is a condominium project of 5 buildings totaling approximately 90,000 SF (with 2228 - 2234 being 1 building). Monthly condo fee of $615.

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Edwin Brooks
Brode & Brooks Inc

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