Investments Sales Management

201 W LANCASTER AVENUE

READING , PA 19607

MLS#: PABK2046472

$1,700,000

Status: Pending
Listing number: PABK2046472
Listing provided by: Pagoda Realty
Listing agent phone: None
Last update: a month ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1916

Sq.Footage

N/A

Owner is looking to retire,....Thriving and completely turnkey business opportunity occupying two parcels with ample off street parking. This sale includes an exceedingly well maintained, thriving, and ongoing restaurant business with liquor license and all business contents. The building and property consist of an ongoing main level restaurant, two rental apartments on the second floor, a large garage rental space on the lower level, and an ample well maintained parking lot that abuts the property on a separate parcel.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.19

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,700,000

  • Tax Amount

    16019.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    8894

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

BERKS

Elementary School

Middle School

High School

Listing Courtesy of Justin C Horst , Pagoda Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Owner is looking to retire,....Thriving and completely turnkey business opportunity occupying two parcels with ample off street parking. This sale includes an exceedingly well maintained, thriving, and ongoing restaurant business with liquor license and all business contents. The building and property consist of an ongoing main level restaurant, two rental apartments on the second floor, a large garage rental space on the lower level, and an ample well maintained parking lot that abuts the property on a separate parcel.

201 W LANCASTER AVENUE

Message successfully sent.

What would you like to know?

Related Properties

Exceptional Commercial Investment Opportunity – Turnkey Cabinetry Business with Multi-Building Complex Don’t miss this rare opportunity to acquire a fully operational, well-established cabinet-making business spanning three contiguous parcels in a prime commercial location. This unique property offers a total of approximately 25,724+/- SF of versatile space. The first building 34 S 4th features 7,000 SF, including a main floor office, useable basement and expansive second and third floor which is perfect for office space or convert to residential apartments. The second building 36 S 4th, approximately 9,000 SF, includes a first-floor showroom and storage area, with upper floors previously used as 3 large apartments currently being used as office space and storage. The third building is a 3-story, 12-foot-high ceiling cabinet shop made for full-scale production and equipped for seamless operations. Additional highlights include 12 off-street parking spaces, showroom exposure, warehouse functionality, and dedicated office facilities. This property definitely delivers unmatched potential!
#PABK2059374

READING

34-36 S 4TH STREET

None Beds

None Baths

25,724 Sq.Ft.

$1,900,000

MLS#: PABK2059374

Excellent mixed-use investment opportunity at 1200 N 9th Street, Reading, PA. This expansive industrial complex features 66 total rental units, including a diverse mix of self-storage, commercial, office, shop, and parking spaces. Supported by electric, water, and sewer utilities, the site offers flexible zoning and layout configurations suitable for a wide variety of tenants. The property currently generates $109,711 in annual income with a net operating income (NOI) of $89,385.34, reflecting a 6% CAP rate. With strategic lease-up and operational improvements, pro forma income is projected at $150,000 with NOI increasing to $120,000, resulting in an 8% pro forma CAP rate. The scale, tenant diversity, and strong infrastructure make this a standout opportunity for investors targeting stable income with room for upside in the Reading market. Additional properties in the portfolio include: 826 Hampden – 17 units 824 Ritter – 13 units 511 Birch – 10 units 340 Locust – 18 units 333 Lombard – 34 units 1536 Haak – 36 units 625 N. 13th – 22 units 1128 Pike – 34 units 1200 N 9th Street – 66 units 306 N 13th Street – 1 unit 1541 Fairview – 8 units 635-R Weiser – 1 unit 521 S 16th Street – 10 units 328 Chestnut – 8 units 1214 Weimer – 10 units 741 Church – 12 units 330 Robeson - 1015 Rose – 96 units 364 Blair – 86 units
#PABK2060544

READING

1200 N 9TH STREET

None Beds

None Baths

16,200 Sq.Ft.

$1,500,000

MLS#: PABK2060544

Prime commercial investment opportunity located at 3801 R Perkiomen Avenue. This 2.46-acre property features four separate structures, including a 2,400 square foot retail or office space currently leased as a religious facility, a 6,500 square foot greenhouse, a 9,000+ square foot flex building, and a freestanding two-bedroom house. This high-visibility location offers a strong blend of stable cash flow and long-term development potential, making it an excellent addition to any investment portfolio.
#PABK2062350

READING

3801R PERKIOMEN AVENUE

None Beds

None Baths

N/A

$1,599,900

MLS#: PABK2062350

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here