Large Commercial building in the Heart of College Town District in the City of Reading. Perfect for a New Restaurant or lounge. Off street parking in the rear of building and city parking lot next door. This building has potential for residential apartments on the 2nd and 3rd floor. The building is currently leased to a catering company. The lease is month to month and the Caterer will need 60 days to relocate. There is a land lease for the building on the left for $200.00 per month. The catering company pays $2000.00 per month. The building needs updating, the owner is selling the property "AS IS ". Bring your ideas and make an offer! Please give us 48-hour notice for all showings.
Price
$239,900
BERKS
4,000 (approx)
PABK2031468
Active
Description
Large Commercial building in the Heart of College Town District in the City of Reading. Perfect for a New Restaurant or lounge. Off street parking in the rear of building and city parking lot next door. This building has potential for residential apartments on the 2nd and 3rd floor. The building is currently leased to a catering company. The lease is month to month and the Caterer will need 60 days to relocate. There is a land lease for the building on the left for $200.00 per month. The catering company pays $2000.00 per month. The building needs updating, the owner is selling the property "AS IS ". Bring your ideas and make an offer! Please give us 48-hour notice for all showings.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.13 Acres
4,000 (approx)
1920
Brick
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat, Electric Heating,Baseboard, Hot Water
Exterior / Lot Features
6 Parking Spaces,On Street
Brick
0.00 x 0.00
Driving Directions
RIGHT ON PENN ST IN READING, PA
Financial Considerations
05-5307-82-70-1083
$3,943
Listing Price History
Reading Real Estate
Reading is located in Pennsylvania.
Reading, Pennsylvania 19602 has a population of 88,930.
The median household income in Reading, Pennsylvania 19602 is
$29,422.
The median household income for the surrounding county is $65,689
compared to the national median of $66,222.
The median age of people living in Reading 19602 is 41 years.
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Courtesy: Exeter Realty
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