Unveil the potential of your real estate endeavors with this prime development opportunity! With an indoor parking garage for up to 8 vehicles and endless possibilities, this property is a canvas awaiting your vision. With TLC and renovations, picture a thriving a high-end multi-unit property for lucrative cash flow, commercial space or a versatile warehouse. Inside, discover ample room for a welcoming common area or a charming cafe to serve the local community and tenants alike. Furthermore, there is a newly installed rubber roof along with 2 levels of approximately 6,000 square feet on each floor. Please note, mock designs provided are all subject to zoning approval. Schedule your showing today! Seller Financing Available!
Location is key. An auto service center situated in the Inner City presents an opportunity for significant business expansion.
Well established Restaurant and Tavern for over 65 years with "R" Liquor License and its own private rear parking lot which can accommodate 29 vehicles. The restaurant seats approximately 60-65 people. There are also tables and chairs in the bar area in addition to 13 bar stools. The bar is well stocked with everyone's favorite liquor and beers and also has a 6 handle draft system. The dining room consists of several tables and chairs that can be configured for a quiet dinner or rearranged for a private function. There is a gas fireplace in the dining room for additional ambiance. Currently the restaurant is open Thursday-Saturday, but has the potential to be open 7 days a week with an "R" Liquor License. The restaurant boosts a full kitchen with, 6 burner gas stove/oven, broiler. steam table, deep fryer, dishwasher, 2 bay sink, handwashing sink, bain-marie, stand alone refrigerator and freezer, as well as a walk in fridge and walk in freezer. All items will convey with the sale of the real estate as they are owned and not leased. All cookware, dishes, glasses and shelving for storage will also convey with the sale. Patrons can also enjoy their dinner and libations on the outdoor patio. The patio can accommodate another 20-25 people. The second floor is currently being used as a cigar lounge that is open Tuesday-Saturday. It features a well stocked humidor and the opportunity to indulge in a top shelf cocktail while enjoying your premium cigar. There is a full bar upstairs that is covered with the "R" Liquor license as well. It has been rented for private events, meetings, etc. with Wi-Fi availability. Next to the restaurant is a detached 3-4 bedroom home which is on the same deed but has its own tax ID# that is currently rented. There is also an additional free standing, 2 story building/workshop roughly 22' x 28' located in the rear of the parking lot. This building has it's own electric, water/sewer and heat. It would be an ideal location for a contractor, plumber or anyone else in the trades business, as well as a professional business. Currently this building is not rented. Rent alone for these properties has the potential to bring in revenues of $50,000+/year. The taxes, assessed values and acreage reflect both Tax ID #s. ALL REASONABLE OFFERS WILL BE CONSIDERED!
Established Automotive Repair Business. Excellent opportunity to be your own boss. This facility is set up with 3 repair bays. The sale includes the real estate and the majority of the equipment. Great location with strong rooftop demographic. Additionally, there is a second property that the seller currently is under a lease/purchase arrangement. This second parcel provides additional parking and a small storage building. Buyer could continue this arrangement if they so desire.
Welcome to 633 E Lancaster Avenue, a prime commercial property nestled in the heart of the bustling Lancaster Avenue corridor. Boasting a strategic location and an array of desirable features, this investment opportunity presents a lucrative prospect for savvy investors seeking high income-producing assets. Situated on the vibrant Lancaster Avenue corridor, this property enjoys maximum exposure to high traffic flow, ensuring exceptional visibility and accessibility for businesses. Spanning an expansive 9760 square feet, the building offers ample space to accommodate various commercial endeavors. Additionally, the property rests on a generous .56-acre lot, providing substantial room for expansion or development. With over 40 parking spaces available, convenience is prioritized for customers and tenants alike, enhancing the property's appeal and accessibility. Currently leased to a reputable Collision Center, the property benefits from a stable income stream. Furthermore, the tenant assumes responsibility for water, sewer, taxes, and utilities, alleviating the landlord of additional operational costs. This property presents a compelling addition to any investment portfolio, boasting high income-producing potential fueled by its prime location and established tenant. With its strategic location, sizeable footprint, and attractive lease terms, 633 E Lancaster Avenue represents an enticing investment opportunity for discerning investors. Whether seeking to diversify an existing portfolio or capitalize on the thriving commercial landscape of Lancaster Avenue, this property promises enduring value and lucrative returns. Don't miss out on the chance to secure a foothold in one of the region's most coveted commercial corridors. Schedule a viewing today and seize the opportunity to elevate your investment portfolio with this exceptional property.
The best of both worlds. This property consists of a 4 bedroom home which is currently rented to a long term tenant and 12 additional storage units/garages. There are various sized units with the largest being 20 X 35. This unit has a very good historical occupancy rate.
Here is a perfect opportunity to purchase a local running business with an apartment on the second floor. All the store needs is a new owner. The store is already setup for success with a kitchen to prepare hot food as well as cold sandwiches. Make additional income with skill/gaming machines and ATM. You can run the store and live in the apartment upstairs or rent it out for additional income. Sale of the building includes the store with inventory, all appliances, ATM and coolers. The apartment upstairs has 2 nice sized bedrooms, 1 bathroom and is rented to long term tenants.
Calling all multi-unit real estate investors! 5 residential units, within a prime location making it easy to rent out. Both the exterior and interior of the property have been recently freshly painted, in addition to recently replaced flooring throughout. Review the numbers and make this cash flow yours! Please reach out today for additional details and to schedule your private showing. Current rental/lease income per unit/per month. Unit/Apartment 1: 4850. Unit/Apartment 2: $850. Unit/Apartment 3: $850. Unit/Apartment 4: $900. Unit/Apartment 5: $900. Bring an Offer! Can be purchased individually or as a 11 Unit Package Deal or 20 Unit Package Deal. Please reach out for more details.
Calling all investors! 6 residential units, outside of the city, in Mt. Penn Boro. Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Call today for additional details and to schedule your private showing. Current rental/lease income per unit/per month. Unit/Apartment 1: $895. Unit/Apartment 2: $1050. Unit/Apartment 3: $850. Unit/Apartment 4: $650. Unit/Apartment 5: $1150. Unit/Apartment 6: Currently vacant and ready for you to place your tenant of choice. Bring an Offer!
Right in the heart of Reading, this property is ready for a new owner. 19 North 6th Street is occupied by long-reliable tenants, it is positioned right by the Courthouse, a parking garage, and local government offices. The property is in an economic opportunity zone and with most of the tenants being non-profit or County Agencies; you can apply for potential tax relief. There is over 60k in leasable square feet and the courtyard provides an excellent outdoor space for employees to get some fresh air and enjoy their lunch break. The current owner would like to stay and occupy space which leaves just one vacancy on the 5th floor. The projected monthly cash flow is 16k. Perfect for an owner occupant or investor.
$100K price reduction.... !!! 2603 Kutztown Rd Reading PA is address for 8800 sf warehouse. 3 Spring valley Rd Reading PA is address for adjacent Office building. Property record is under 3 Spring Valley Rd Approximately 11,000 Sf building for sale consisting of 2 units. The first unit is 8800 sf warehouse building. Ceiling heights range from 15 ft sloping down to 13 ft. for 6800 sf of warehouse. The warehouse is 85 ft wide and 104ft long. Features two rollup doors 14ft x 12 ft and 12 ft x 10 ft. Drive thru in warehouse is 20 ft wide X 103 ft long. Rollup doors on each end. 15 ft Ceiling height in drive thru for 1500sf and 12 ft ceiling height contains 1100sf 2 half baths in warehouse. Outside Hardwired security cameras (non operational) Fire alarm sensors in warehouse. The property features a steam heating system powered by gas. Public water, and public sewer Second unit consists of 2200sf attached building. Use as office space for your business or lease it out for additional income. 1400sf first floor with 1 half bath, second floor is 800 sf with one half bath. Separate utilities. Former tenants were Doctors office and Temp personal agency office. There is an ADA ramp that is in need of repair. With township approval this building could be converted to single family home. .7 acre lot size. 25 parking spaces. Parking for office building goes all the way to adjacent building. Property is located in I-2 Heavy Industrial District. As of right uses include Manufacturing, Mini warehouses or self-storage units, Warehousing, Wholesale and distribution, Fabrication and finishing establishments, Retail business establishments, Business and professional offices .Centrally located near routes 12, 61, 222 ,422 ,10 and 724. 20 min to PA Turnpike. 40 min to Allentown. 5 min to Reading. 30 min to Pottstown.
Professional Office Building with over 6,700 sq. ft. of space. This tastefully renovated and updated building features an excellent mix of private offices, conference spaces, and large presentation rooms. Multiple bathrooms including two that have walk-in showers. The configuration of this building also brings the possibility of a multi-tenant occupancy. Convenient location just off of Business Rte. 422 (Perkiomen Avenue) just east of the City of Reading, PA.
Large 1.5 acre income producing property with multiple income streams. There are 86 storage units, 12 leased parking spaces, 2 office buildings containing a total of 4 office suites with designated parking. This property has a high occupancy rate with only 3 units currently vacant. This is the income producer you've been looking for !
Another high occupancy storage/garage location in a central location within the city. This property consists of 21 10 x 20 units, 1 30 x 30, 1 20 x 30 & 1 15 x 20. There are also 3 parking spaces. Currently everything is occupied but 1 10 x 20 unit. Recent upgrades at this facility include mostly newer garage doors, most roofs have been replaced, newer electric & lighting and about half of the blacktop have been replaced.
Add this money making property to your portfolio without all the residential tenant issues. This property consists of 10 storage units/garages. One is currently a double and 1 only has a man door. These are large units measuring 12 x 22 & the double 24 x 22. There are also 11 parking spaces for rent. Currently all garages are rented and 9 of 11 parking spaces. This is an all block building and the rear area is fenced.
One of the most visible and known buildings in Reading, Pa. This classic is located at the corner of 2nd and Penn Streets, on the main artery into the Downtown Reading area. Incredible architecture dates back to 1896 when this building was built as the Keystone Firehouse. In 1986 the property was dramatically updated and expanded with the addition of a three story modern office structure. Now, at over 22,400 sq. ft. of space, this property is poised to meet a variety of office, retail, service and restaurant type uses. Zoning is CC (Commercial Core) along with PSO (Penn Street Overlay). The building can be used by a single occupant or, given the layout, it would lend itself well to multi-tenant opportunities. Topping it off is a 59 car parking lot providing excellent access for tenants, customers and guests.
Stop worrying about residential tenant issues and invest in some storage/garage space. This set of garages offers 10 9 x 20 garages. One unit is currently a double unit. This is a high occupancy property with usually 100% of the units being occupied. Have the tenants pay down your debt and gain equity. This property has newer doors and roof.
Various possible uses for this property. There are 2 separate entrances including a 2 car garage door. Possible uses are storage, auto related or other possible commercial uses. Currently rented to long term tenant for $525.
24 Garages/storage units in a good central location within the City of Reading. Easy access to major roads.
The In Town Motel offering 5 commercial units on the 1st floor consisting of a tattoo parlor, barber shop, owner's laundromat, restaurant & notary. There are also 17 room rentals, a 32 car parking lot and skills machines.
Check out this 6-unit Apartment Building that has tons of upside! The property is over 6,000 square feet, which is rare to find in today's market. The property has 6 separate electrical meters. All the units have high ceilings and tons of square footage in each unit. This property easily can bring over $70,000 a year in Gross Revenue.
10.63 Acres in Ontelaunee Township with water and sewer avaialable. The zoning for this parcel of land is General Commercial which includes such uses as retail stores, professional or governmental offices, shopping centers, hotel, restaurants, banks, similar fiancial institutions and places of worship. The parcel rests at the North East corner of Route 61 (Pottsville Pike) and Snyder Road and has a traffic light controlled intersection with 27,000 vehichles travleing by per day.
This property consists of 68 garages and 2 parking spaces. It is adjacent to 330 Robeson St which has an additional 24 garages also currently for sale.
This successful restaurant in Berks county for over 25 years and has loyal customer base. They offer dine-in pick up, delivery and has function room and a large bar. The space is over 5200 sf. The property also comes with 2 rentals on the 2nd and 3rd floor. This Popular restaurant is in a prime location, featuring an Italian food concept. The area is growing and so are sales. Liquor License included in the sale of the business and the Building.
State highway exposure is available along Penn Avenue in Spring Township, West Lawn PA. This 1/2 plus acre lot is offered FOR SALE as well as a ground lease to allow funding a users custom improvements for this rarely available spot with great rooftop numbers and demographics. Join, Wawa, Domino's, Redner's, Wells Fargo Bank, New York Bagelry, Papa Johns, and many many more established businesses along Penn Avenue in West Lawn. With 150 of frontage and a good clear sight from the lots front, this location has both visibility and accessibility. Uses by right in the Penn Avenue Commercial District in Spring Township include: Adult day care, Ambulatory surgical center, Animal hospital, Art and Photography studio, Beverage Distributor, Bakery, Catering establishment, Community center, Construction company, Convenience store, Copy center, Cultural center, Financial establishment, Food stand, Funeral Home, Health club , Medical center, Indoor club or lodge, Nursery school or day care, Office, Personal service establishment, Petr grooming establishment, Recreation, municipal, Restaurant, fast food, Retail store. Check with Spring township for details on Zoning use and questions. Owner Financing available to qualified buyers, up to 65 percent, LTV. See document attached with details of PPL Right-Of-Way.
Reading is located in Pennsylvania. Reading, Pennsylvania has a population of 88,275. Reading is less family-centric than the surrounding county with 24.27% of the households containing married families with children. The county average for households married with children is 29.62%.
The median household income in Reading, Pennsylvania is $28,755. The median household income for the surrounding county is $59,580 compared to the national median of $57,652. The median age of people living in Reading is 29.3 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 46.4 inches per year, with 18.9 inches of snow per year.
