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About This Home
This 0-bedroom, 0-bathroom other at 200 W LANCASTER Avenue in READING, PA is listed for $1,250,000. Built in 1910, on a 0.30 acres lot.
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.
Key Features
- Built in 1910
- 0.30 acre lot
- 20 parking spaces
Property Details
Monthly Cost Estimate
$6,685/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
200 W LANCASTER Avenue
READING, PA 19607
SHILLINGTON
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom other at 200 W LANCASTER Avenue is listed at $1,250,000. The estimated monthly payment is $5,417 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.30 acre lot, 20 parking spaces.
This property is listed by Robert Savory and can be reached at 2157836721 or bertskiis@msn.com.