1 RIGA LN $2,300,000

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    1 RIGA LN BIRDSBORO, PA 19508

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    $2,300,000

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    • 41,000 sq. ft.
    • 6.13 Acres
    • Commercial
    • MLS# PABK350798
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    Views: 140 Days On Market: 233

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    Property Details

    Another 422 Opportunity !!!This is a NN investment. 4.5 years left on lease. $204,800 NOI/year. 8.90% CAP. Credit tenant categorized as an Essential Business because of ample government contracts, keeping facility open, providing pay checks for employees and insuring a rent check for landlord.

    • General Features
      • County BERKS
      • HOA Y/N N
      • New Construction Y/N N
      • Tax Annual Amount 58925.00
      • Tax Year 2020
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1975
      • Zoning LI/O-LIGHT INDUSTRIAL/OFF
    • Building Features
      • Building Name NONE AVAILABLE
      • Building Total SqFt 41000.00
      • Building Units Total 0
      • Business Type Other
      • Cooling Fuel Electric
      • Cooling Type Central A/C
      • Electric Service 3
      • Flooring Type Concrete
      • Garage Y/N N
      • Heating Fuel Natural Gas
      • Heating Type 90%Forced Air
      • Sewer Septic Public Sewer
      • Total Garage And Parking Spaces 87
    • Property Features
      • Lot Size Acres 6.13
      • Lot Size Dimensions 0.00 x 0.00
    • Schools
      • School District DANIEL BOONE AREA

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    Neighborhood

    19508 (BIRDSBORO) Demographics

    43 Median Age
    415 Population Density (per sq. mile)
    33% College Educated
    $73,321 Estimated Median Income
    5,097 Estimated Total Home Owners
    898 Estimated Total Renters
    85% / 15% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    15,783 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $304,500 Median Sales Price
    14 Homes Sold
    20 New On Market

    Average Days on Market

      Properties for Sale

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,300,000
        3/17/2020 2:12:07 PM Price Reduced Source New Value: $2,300,000 -4.13%
        3/5/2020 2:35:25 PM Price Reduced Source New Value: $2,399,000 -14.01%
        2/11/2020 11:21:57 AM Price Reduced Source New Value: $2,790,000 -5.42%
        11/14/2019 6:44:00 PM New in Database Source New Value: $2,950,000

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2020 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.