Timothy Kunigus - Coldwell Banker Hearthside
1100 E Philadelphia Ave
GILBERTSVILLE, PA 19525

$4,500,000

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.

Details

MLS#1000271763
StyleIndustrial
Sub-TypeResale
StatusActive
Year1949
Days On Site298

Features

Story(s)0
ZoningGC

Market Activity 19525

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Area Information

StatePA
CityGILBERTSVILLE
Zip Code19525
AreaDouglass Twp (10632)
Listing VS Median (in 19525)
Price:
$4,500,000
low | high
Med:
$337,000
100% of Average
On Site:
298
low | high
Med:
37
100% of Average
Listing Updated: 10/20/2018
MLS Number: 1000271763
Listing Provided By:
Ryan S Cortez  of  Kurfiss Sothebys International Realty

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