515 E Lancaster Avenue Reading, PA $ 549,900
515 E Lancaster Avenue
$ 549,900
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515 E Lancaster Avenue

Reading, PA, 19611
$ 549,900
Baths0.0 Sq 1,720

Monthly Estimate*

$ 3,655

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Studio

Commercial Property for sale in Reading, PA

for $549,900. This 1,720 square foot building was built in 1965 on a lot size of 0.29.

Welcome to 515 E Lancaster Ave, a prime property available TODAY. Situated in a bustling location with high traffic count and excellent exposure, this property offers exceptional business opportunities. One of the standout features of this property is its spacious parking lot, capable of accommodating 22 parking spaces. Additionally, the property extends all the way to the end of the building, where the popular nail salon is located, ensuring increased visibility and foot traffic. Renovated to meet modern standards, this property boasts a range of updated additions. These include a newer roof, upgraded mechanical systems, plumbing enhancements, updated flooring, and a fresh coat of paint throughout. These improvements not only enhance the aesthetics but also ensure a well-maintained and comfortable environment for your business. With its flexible zoning designation of C3 Hwy, this property opens up numerous possibilities for a variety of business uses. Whether you are looking to relocate your current business, start a new venture, or expand your existing operations, this rare commercial space provides the perfect opportunity. Immediate possession is available, allowing you to swiftly transition into your new business space. Don't miss out on the chance to secure this unique property, complete with a large parking lot. Schedule an appointment today and take the first step towards realizing your business goals.

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Commercial Active

Price

$ 549,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,569

Style

Auto Related,Day Care Facility,Hair Salon and Spa

Lot Size

0.29

Year Built

1965

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2040246

Features
Interior
Heating Fuel Natural Gas
Flooring Vinyl
Hot Water Electric
Total Stories 1
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
Total Restrooms 1
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Natural Gas Available
Possession Immediate
Roof Rubber
Zoning COMMERCIAL
Security Features 24 hour security
Construction Materials Brick Concrete
Exclusions Owners Personal Property
Year Built 1965
Electric 200+ Amp Service
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality READING CITY
Business Type Auto Related Day Care Facility Hair Salon and Spa Health Club Medical Professional Restaurant/Bar Supermarket/Grocery Store Convenience Store/Gas
Accessibility Ramp - Main Level
County BERKS
New Construction N
Property Type Commercial Sale
Possible Use Automotive Bar/Tavern/Lounge Barber/Beauty Beer/Wine/Liquor Convenience Store Day Care Dry Cleaner Financial Food & Beverage Food Market Laundromat Medical/Dental Office Professional Service Restaura
Water Access Y/N N
Status ACTIVE
Directions .
City READING
Buyer Agent Compensation 3
Total Units 1
MLS Area Reading City (10201)
Lot Size Square Feet 12632.00
Waterfront Y/N N
Street Name LANCASTER
Tax Annual Amount 5569.0
Property Condition Excellent
Price Per Sq Ft Total 319.71
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 78
Location Type Highway
Standard Status Active
Year Built Source Estimated
Tax Lot 6434
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Handicap Parking Paved Parking
Water Source Public
Inclusions All fixures
Type of Parking Parking Lot
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 1720.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.29
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 64800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 515
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* Excluded Features
List By
Coldwell Banker Realty

Broker

josephcolonrealtor@gmail.com

Email

Affordability Calculator

$4,119
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
$464
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2024$549,900 Listed Price

Map


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515 E Lancaster Avenue, Reading, PA, 19611 is a Commercial Property for sale at $549,900 with 1,720 sqft and a lot size of 0.29. 515 E Lancaster Avenue is a studio with 0.0 baths and was built in 1965. The property's zip code is 19611 which is in Reading, PA