$479,000

34 E Lancaster Ave

READING PA, 19607

Description

Excellent commercial investment opportunity ideally suited for a business owner occupant. The main level office space includes 5 private offices, kitchen, conference room and public waiting rooms. The lower level office space includes cubicle dividers and 2 separate entrances- could potentially be rented out separately. This space can be used for a wide variety of office, retail and service applications. Located on Lancaster Ave, this all brick mixed use commercial building includes 3400 sq. ft. of office on the main and lower level. For added income, there are 3 residential apartments on the 2nd and 3rd floors. The paved lot includes parking for 14 cars and a 2 car detached garage presently rented for additional rental income. The office space is professional first class and has been recently renovated and is ready for immediate occupancy. Recently updated mechanicals including main rubber roof and two high efficiency gas heating systems. Relocating your business? Call today to view this well maintained building in a prime, high visibility location.

Details

MLS#PABK350652
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site266

Features

SQ Feet6,100
Units4
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Area Information
StatePA
CityREADING
Zip Code19607
AreaShillington Boro (10277)
Listing VS Median (in 19607)
Price:
$479,000
low | high
Med:
$184,900
100% of Average
SqFt:
6,100
low | high
Med:
1,183
100% of Average
$ / SqFt:
$79
low | high
Med:
$156
49.042807200829% of Average
On Site:
266
low | high
Med:
3
100% of Average
Listing Updated: 08/03/2020
Mark J Shanaman LogoMLS Number: PABK350652
Listing Provided By:
Mark J Shanaman  of  RE MAX Of Reading