200 W LANCASTER Ave, Reading, PA 19607

Sqft
15,000
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byDestination Realty LLC
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Overview

Back on the market due to buyer financing falling through. 15 UNIT BUILDING. This commercial property in the heart of downtown Shillington offers a prime investment opportunity with a level 0.3-acre lot. Built in 1910, the structure features a mix of durable materials including brick, concrete, and stucco, ensuring longevity and low maintenance. The property is in below-average condition, presenting a chance for value-add renovations that can significantly increase rental income or resale value. Strategically located less than 10 miles from the airport and within a mile of public transportation, it boasts excellent accessibility, enhancing its appeal to potential tenants. Parking options include private garages and surface lots, catering to various business needs. Investors can capitalize on the growing demand for commercial spaces in urban settings, with the potential for strong returns through strategic improvements and leasing. This property is a solid addition to any investment portfolio, offering both immediate and long-term financial benefits. CLEAN Phase I enviromental assessment report

Location

Full feature list

Basic info

Property type
Other residential
Square feet
15,000
Lot size (acres)
0.30
Year built
1910

Interior features

Basement
Yes

Garage and parking

Garage parking spaces
3

Utilities

Heating
Natural Gas
Cooling
None
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$7,549

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PABK2067046 Last checked:

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