200 W Lancaster Ave, Reading, PA 19607 | For Sale

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For Sale $1,250,000

$1,250,000
  • (0)
  • 15 Units
  • Unknown Sq Ft
  • 13,068 Sq Ft
  • Unknown Cap Rate

Description

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.

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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

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,250,000
Property Type Multi-Family
Usable Sqft Unknown
Number of Stories 5 stories
Parking Spots 0 spots
Year Built 1910
Last Sold Unknown
Sold Price Unknown
APN # 77439507587599
MLS # PABK2067020
Property ID 322490403
Lot Sqft 13,068
Zoning COMM
Total Units 15
Days on Market 53
Original List Price Unknown
Date Updated January 07, 2026
Date Created January 06, 2026
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $180,000 $0

Listing Provided By

Robert Savory an agent of . Lic #RS319543


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Data last updated: February 28, 2026.
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