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348 Penn St
For Sale $229,900
$229,900
- 0 Units
- Unknown Sq Ft
- 5,662 Sq Ft
- Unknown Cap Rate
Description
Large Commercial building in the Heart of College Town District in the City of Reading. Perfect for a New Restaurant or lounge. Off street parking in the rear of building and city parking lot next door. This building has potential for residential apartments on the 2nd and 3rd floor. The building is currently leased to a catering company. The lease is month to month and the Caterer will need 60 days to relocate. There is a land lease for the building on the left for $200.00 per month. The catering company pays $2000.00 per month. The building needs updating, the owner is selling the property "AS IS ". Bring your ideas and make an offer! Please give us 48-hour notice for all showings.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $229,900 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 05530782701083 |
| MLS # | PABK2031468 |
| Property ID | 293682713 |
| Lot Sqft | 5,662 |
| Zoning | COMMERCIAL |
| Days on Market | 526 |
| Original List Price | Unknown |
| Date Updated | October 30, 2024 |
| Date Created | June 20, 2023 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Bryan Sandritter an agent of . Lic #RB061161L
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Data last updated: November 27, 2024.
Robert Crawford
REAL ESTATE AGENT