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.
Listed By
Agency Name: Destination Realty LLC
Agency Phone: 6107433310
Shown By
Agent Name: Tom Boeshore
Agent Phone: Cell: (410) 739-4071
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
200 W Lancaster Avenue | MLS# PABK2067020
This commercial property located at 200 W Lancaster Avenue, Reading, PA 19607 is currently listed for sale with an asking price of $1,250,000. W Lancaster Avenue is located within the GOVERNOR MIFFLIN school district. Search Reading real estate on www.tomboeshorerealtor.com today.