Type: Company
Price: $200,000
Location: Reading, Pennsylvania
Address: 2295 Lancaster Pike Reading, PA 19607
Zip: 19607
Condition: Used
For sale by: Broker
Agent: David L Yeager Pagoda Realty
Liquor License Only, No Real Estate.
12 Unit, Zoning conforming, development opportunity near the heart of downtown Reading and just blocks from Alvernia University's College town campus on Penn St.
Note: Rent projections based on the finished project. Be sure to look at the attached floor plan drawings. 12 units require 1.5 parking spaces each unit. (18 total parking spaces needed
with current zoning). Gross Income estimates based on 12 units with an average income of $1,100 = $13,200 / month or $158,400 annually. Expenses unavailable as the property is vacant and has been for a few years. Market rents for average finish: 1 bedroom $900 - $1,000 2 bedroom $1,200 - $1,400 3 bedroom $1,400 - $1,600.
With a premium finish, add 20% to these rents. (Drawings are very rough, not to scale fire exit plans). The exterior of the building is in good condition featuring a newer paint job, updated fire escapes recently installed rubber roof. The interior. is inside. (trying to be funny, but accurate. this is a complete re-do, a gut job. Bring your crew and make this the
premier living destination in Reading)Copyright © 2023 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This property is going to onsite auction 12/12/23 at 2:00 PM and is being sold with reserve.
LISTED PRICE IS ONLY A SUGGESTED OPENING BID, AND IS NOT INDICATIVE OF THE FINAL SALES PRICE WHICH WILL BE BY SELLER CONFIRMATION DAY OF AUCTION. Terms: Down payment of $20,000.00 required day of auction. Settlement on or before February 12, 2024. Transfer
taxes to be paid by buyer. Real Estate taxes shall be prorated. Don't miss this one of a kind property. Located in rural Churchtown along the main highway for easy and convenient access. Great location for highway exposure. Please check with the local municipality on possible uses.
Property conveys with no tenants. Prime investment opportunity. All information is deemed to be accurate, but not guaranteed. Copyright © 2023 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Remarkable building in Manufacturing Commercial zoned section of Reading.
Lots of possibilities in this stone and concrete building! Located at the corner of Spring St and Nichols St this property has a drive up, 76 car garage! In addition to all the parking, there is about 3000 sf of space used as offices and a retail store for the local oil
Great Opportunity in Coplay Borough at High Traffic Intersection.
Property is in C-1 Zoning which allow for multiple commercial uses. First floor is currently occupied as a Restaurant with a full commercial kitchen. Second Floor has four room rentals with shared Kitchen and Bath. Currently rents for $2600 Per Month and has potential to yield
Great Office Space in Downtown Allentown.
535 Hamilton St Suite#105. Last Use Was A Medical Homecare Agency. This Unit Is Nearly 1200 Sqft With Gas Heat and Central Air Conditioning. There's Is A Nice Size Lobby With A Kitchen Area and Several Offices. Easy To See! Call Today!
A wonderful opportunity to develop a level corner lot, zoned C-2, and located on busy Route 209S in the Borough of Lehighton with 176 feet of road frontage.
This property is located in Lehighton's downtown area, seconds from the D & L Trail and just minutes from historic Jim Thorpe. Bring your builder, this lot offers HIGH VISIBILITY and ample
Gorgeous bright retail space for lease on Union Boulevard!
This is an ideal corner location with soaring ceilings, expansive windows and great visibility. The space is currently in shell condition and ready for tenant fit-out. The space will include 2 private restrooms, ample on-site parking and this property has a public transportation bus stop at the adjacent corner!
Calling Investors!
This combo deal is a rare find totaling 1.81 acres! Parcel 1: The 7300+ sq/ft building consists of 2 separate spaces and is situated on 0.42 acres. The front 2000 sq/ft of the building is currenly being rented by long term tenant operating a dance studio. The remaining space is owner occupied. Parcel 2: In addition the vacant lot behind contains 1.39 acres which is zoned NC.
Newly renovated, centrally located commercial space with ample parking is ready for your next business venture!
Clients will enter the glass double doors to the spacious reception area which leads to a kitchenette, restroom, private room with a private entrance, and convenient utility room. This turnkey property is freshly painted and offers
