Investments Sales Management

851 PENN STREET

READING , PA 19601

MLS#: PABK2051172

$749,900

Status: Active
Listing number: PABK2051172
Listing provided by: Daryl Tillman Realty Group
Listing agent phone: None
Last update: 4 months ago
On site: 8 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1912

Sq.Footage

N/A

Welcome to 851 Penn Street, a prime investment opportunity in the heart of Reading, PA! This highly profitable, mixed-use property features two units: one residential apartment and one successful commercial space, currently operating as a restaurant and bar. Located just one block from the Santander Arena, this building offers plentiful foot traffic, making it an attractive location for both residents and businesses. The residential unit is a three bedroom one bath, cozy apartment. The ground floor features an Italian restaurant. Included with this sale is the Italian Garden, Six Pack Outlet with Liquor License, DJ equipment and pool table. The building located at 853 Penn Street, for the Italian Garden Six Pack Outlet is not included in this sale. Lease amount for 853 Penn Street is $1,500 with all serious offers. Seller willing to lock in the lease amount at 5 years. This property is an excellent investment opportunity with multiple streams of income. Don’t miss out on this opportunity! Contact us today to schedule a private showing.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Ductless, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $749,900

  • Tax Amount

    2775.0

  • 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

  • Accessibility Features

    Accessible Doors

  • Sewer

    Public Sewer

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Location

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BERKS

Elementary School

Middle School

High School

Listing Courtesy of Christopher R Smith , Daryl Tillman Realty Group

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Welcome to 851 Penn Street, a prime investment opportunity in the heart of Reading, PA! This highly profitable, mixed-use property features two units: one residential apartment and one successful commercial space, currently operating as a restaurant and bar. Located just one block from the Santander Arena, this building offers plentiful foot traffic, making it an attractive location for both residents and businesses. The residential unit is a three bedroom one bath, cozy apartment. The ground floor features an Italian restaurant. Included with this sale is the Italian Garden, Six Pack Outlet with Liquor License, DJ equipment and pool table. The building located at 853 Penn Street, for the Italian Garden Six Pack Outlet is not included in this sale. Lease amount for 853 Penn Street is $1,500 with all serious offers. Seller willing to lock in the lease amount at 5 years. This property is an excellent investment opportunity with multiple streams of income. Don’t miss out on this opportunity! Contact us today to schedule a private showing.

851 PENN STREET

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Welcome to 851 Penn Street, a prime investment opportunity in the heart of Reading, PA! This highly profitable, mixed-use property features two units: one residential apartment and one successful commercial space, currently operating as a restaurant and bar. Located just one block from the Santander Arena, this building offers plentiful foot traffic, making it an attractive location for both residents and businesses. The residential unit is a three bedroom one bath, cozy apartment. The ground floor features an Italian restaurant. Included with this sale is the Italian Garden, Six Pack Outlet with Liquor License, DJ equipment and pool table. The building located at 853 Penn Street, for the Italian Garden Six Pack Outlet is not included in this sale. Lease amount for 853 Penn Street is $1,500 with all serious offers. Seller willing to lock in the lease amount at 5 years. This property is an excellent investment opportunity with multiple streams of income. Don’t miss out on this opportunity! Contact us today to schedule a private showing.
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