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805 State Street, Hamburg, PA 19526

$850,000

  • For Sale
  • Active
  • Commercial
805 State Street, Hamburg, PA 19526View this property at 805 State Street, Hamburg, PA 19526
805 State StreetHamburgPA19526

Property Description

Investment Opportunity! Cap Rate 8%. Main building was completely rebuilt in 2002 (plans available) and provides two first floor commercial lease spaces and two second floor apartments, 2 bedrooms each. The first floor spaces are currently occupied by a hair and nail salon and the other by a tanning salon. Ample parking with 39 spaces plus 2 special needs spaces for the commercial tenants. Fire-rated walls, emergency lighting, quality construction. The second building contains five 1-bedroom apartments, all occupied. Great return on investment!

Full Property Detailsfor 805 State Street

General

  • Price: $850,000
  • Taxes: $13,314 (2018)
  • Status: Active
  • Type: Commercial
  • MLS ID: 1000253669
  • Updated: 4/18/2018
  • Added: 676 day(s) ago

Property History

  • 805 State Street, Hamburg, PA
  • Listed at $850,000 on 6/17/16

Business

  • Business Type: Commercial, Professional/Office, Professional Servic
  • Includes: Land and Building, Land Only

Rental Information

  • Rent Includes: Water, Sewer, Common Area Maintenance, Lawn Service, Snow Removal, Trash Removal, Taxes

Interior

  • Flooring: Tile/Brick, Carpet, Vinyl

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Additional Information

  • Other Features: Private Restrooms, Ceiling Fans, Fire Alarm, Fire-Resistance Rating, Security Lighting, Showers

Parking

  • Parking Features: Lot, Paved Parking, Handicap Parking

Location

  • Area: Hamburg Boro (10246)
  • County: Berks
  • Development Name: None Available
  • Subdivision: None Available
  • Building Name: FIORE'S PLAZA
  • Cross Streets: Franklin St
  • Driving Directions: Rt 61 N, bare R into Hamburg on 4th St., turn R onto State St to property on left.
  • Direction Faces: Southeast
  • Location Details: Urban

Heating & Cooling

  • Heating Fuel: Bottled Gas/Propane
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground

Structural Information

  • # Buildings: 2
  • Architectural Info: Other
  • Construction: Aluminum Siding, Stucco, Mixed Plumbing
  • Foundation: Concrete Perimeter
  • Roof: Pitched, Shingle
  • Walls/Ceilings: Other
  • Year Built: 1933
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 1.43
  • Lot Size (Sq. Ft.): 62,291
  • Lot Dimensions: IRREG
  • Topography: Level
  • Zoning: VC

Financial Considerations

  • Tax w/Assessment: $312,400
  • Tax Amount: $13,314
  • Tax Year: 2018
  • Tenant Pays: Electricity, Heat, Gas, Water, Sewer, Hot Water, Cooking Fuel

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: 7 Tanning Beds, 1 Tanning Booth, 2 Saunas, Sound Equipment In Suite B
  • Inclusions: (3) Range/Refrig Units, (2) Ranges
  • Purchase Optional: Yes
  • Lot: 4744

Listed by RE/MAX Of Reading, Debbie J Stine

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Schools

Schoolsserving 805 State Street

School District:Hamburg Area School District
School Name
Grades
Distance
Hamburg Area High School
Windsor St, Hamburg, PA 19526
9-12
0.6 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 805 State Street

Listed by RE/MAX Of Reading, Debbie J Stine

805 State Street, Hamburg, PA 19526 (MLS# 1000253669) is a Commercial property. 805 State Street is currently listed for $850,000 and was received on June 17, 2016. Want to learn more about 805 State Street? Do you have questions about finding other Commercial real estate for sale in Hamburg? You can browse all Hamburg real estate or contact a Coldwell Banker agent to request more information.