$4,500,000 1100 E Philadelphia Ave Gilbertsville, PA

MLS: 6894997   Type: Commercial   County: Montgomery   City: Gilbertsville   Area: Douglass Twp   Zip: 19525     Taxes: $92,855

Mortgage $21,127 /mo

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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.

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Price History

11/28/2016 Listed $7,000,000
7/6/2017 23% - $5,400,000
2/23/2018 17% - $4,500,000

Is Twin No
Listing Area Douglass Twp (10632)
Property Type Commercial
School District Boyertown Area
Subdivision NONE AVAILABLE
Tax Annual Amount 92855.0
Zoning GC

Exterior Features

Lot Dimensions 485
Waterfront N

Property Schools



Direct Link:

https://www.plumerre.net/property/16-6894997-1100-E-Philadelphia-Ave-Gilbertsville-PA-19525

Gallery (21 photos)

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Property vs Zip Code Avg (19525)

Price 4.50M Avg 2.37M

Taxes $92,855 Avg $28,951

Acres 24 Avg 12.1

Visits 10 Avg 162

Walkscore® 46 Avg 34

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Listing Provided Courtesy Of: Kurfiss Sotheby's International Realty




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Location & Address

Plumer & Associates, Inc.
226 South Street
Philadelphia, PA
215-922-4200
215-922-7774