200 W LANCASTER AVENUE, READING, PA, 19607
  • $1,250,000

Overview

MLS ID : PABK2067046
  • Multi-Family, Other
  • Property Type
  • 3
  • Garages
  • 15000
  • Dwelling (SqFt)
  • 1910
  • Year Built

Description

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

Details

Updated on July 24, 2026 at 11:51 am
  • MLS ID PABK2067046
  • Price $1,250,000
  • Property Size 15000
  • Land (Acres) 0.3
  • Garages 3
  • Year Built 1910
  • Property Type Multi-Family, Other
  • Property Status MLS Status ACTIVE-BRIGHT

Additional Detail

  • Above Grade Finished Square Footage 15000
  • Architectural Style Other
  • AssessmentYear 2025
  • Basement 1
  • County Tax 1381
  • FoundationDetails Block, Brick/Mortar, Concrete Perimeter
  • Heating Hot Water
  • Listing Broker Destination Realty LLC
  • Other Structures Above Grade
  • Pool No Pool
  • School District GOVERNOR MIFFLIN
  • School Tax 5074
  • Sewer Public Sewer
  • Short Sale No
  • Annual Taxes 7549

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