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1100 E Philadelphia Ave, Gilbertsville, PA 19525

$7,000,000

  • For Sale
  • Active
  • Commercial
1100 E Philadelphia Ave, Gilbertsville, PA 19525 View this property at 1100 E Philadelphia Ave, Gilbertsville, PA 19525
1100 E Philadelphia Ave Gilbertsville PA 19525

Property Description

Zerns Farmers Market, a family-owned and operated business and cultural icon for the past 94 years is being offered for sale. This is an outstanding business opportunity to own one of eastern Pennsylvania's most long-established farmer's markets, representative of true Americana and the spirit of entrepreneurship. The 24 acre complex is located along the highly traveled Route 73 with additional access and a newly renovated residential home, built in 1751 on Jackson Road, making for ease of entrance and exit along with added business exposure. Founded in 1922, Zerns draws thousands of customers each year to its myriad vendors. Merchants are spread throughout a 200,000 square foot area under roof, with plenty of additional midway space
outdoors for seasonal offerings and a parking for 5,000 cars. The main building houses merchant businesses; many of whom have been vendors for decades and have built a loyal customer base. There is a separate wing where weekly auctions and special events are held including wrestling matches once a month. The second part of the complex is perfect for flea market vendors. The business mix is diverse and includes antiques and collectibles, toys, pets and a pet bakery, clothing, electronics, produce, prepared foods, a full service butcher shop, a delicatessen, a barber shop, two bakeries, a specialty spice, tea and coffee stand and many eateries. Well known in the community and a longtime favorite spot for locals to meet, the market's reputation draws customers from Montgomery County, Berks County, Lehigh Valley, Reading and Philadelphia, New York, New Jersey and Delaware. Regular Zernies make frequent return treks to their favorite vendors. The main building is heated; extraction fans provide cooling in the summer months. Don't miss this opportunity to own an iconic part of the Montgomery County community, an established business with room to grow even larger as consumers embrace buying local, supporting local agriculture, and diverse enterprises.

Full Property Details for 1100 E Philadelphia Ave

  • Price: $7,000,000
  • Taxes: $85,634 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 6894997
  • Updated: 12/6/2016
  • Added: 10 day(s) ago

Property History

  • 1100 E Philadelphia Ave, Gilbertsville, PA
  • Listed at $7,000,000 on 11/27/16

Location

  • Area: Douglass Twp
  • County: MONTGOMERY

Structural Information

  • Current Bldg. Use: 4254
  • Year Built: 1949

Lot Features

  • Lot Size (Acres): 24
  • Lot Dimensions: 485
  • Zoning: GC

Financial Considerations

  • Tax Amount: $85,634
  • Tax Year: 2016

Listed by Kurfiss Sotheby's International Realty

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Estimate the Cost

1100 E Philadelphia Ave will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

1100 E Philadelphia Ave, Gilbertsville, PA 19525 (MLS# 6894997) is a Commercial property. 1100 E Philadelphia Ave is currently listed for $7,000,000 and was received on November 27, 2016. Want to learn more about 1100 E Philadelphia Ave? Do you have questions about finding other Commercial real estate for sale in Gilbertsville? You can browse all Gilbertsville real estate or contact a Coldwell Banker agent to request more information.

Listed by Kurfiss Sotheby's International Realty

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