$128.47 Per Sq Foot $6,710 est/mo Sourced by Back At You

633 E Lancaster Ave,Reading, PA 19611

Reading PA, 19611

Share with a friend

Description

Welcome to 633 E Lancaster Avenue, a prime commercial property nestled in the heart of the bustling Lancaster Avenue corridor. Boasting a strategic location and an array of desirable features, this investment opportunity presents a lucrative prospect for savvy investors seeking high income-producing assets. Situated on the vibrant Lancaster Avenue corridor, this property enjoys maximum exposure to high traffic flow, ensuring exceptional visibility and accessibility for businesses. Spanning an expansive 9760 square feet, the building offers ample space to accommodate various commercial endeavors. Additionally, the property rests on a generous .56-acre lot, providing substantial room for expansion or development. With over 40 parking spaces available, convenience is prioritized for customers and tenants alike, enhancing the property's appeal and accessibility. Currently leased to a reputable Collision Center, the property benefits from a stable income stream. Furthermore, the tenant assumes responsibility for water, sewer, taxes, and utilities, alleviating the landlord of additional operational costs. This property presents a compelling addition to any investment portfolio, boasting high income-producing potential fueled by its prime location and established tenant. With its strategic location, sizeable footprint, and attractive lease terms, 633 E Lancaster Avenue represents an enticing investment opportunity for discerning investors. Whether seeking to diversify an existing portfolio or capitalize on the thriving commercial landscape of Lancaster Avenue, this property promises enduring value and lucrative returns. Don't miss out on the chance to secure a foothold in one of the region's most coveted commercial corridors. Schedule a viewing today and seize the opportunity to elevate your investment portfolio with this exceptional property.

Details

MLS#PABK2041050
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site63
Listing Provided ByCentury 21 Gold | Anthony Borelli

Features

SQ Feet9,730
ZoningCH
Acreage0.56

Market Activity 19611

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

Request a showing

Request a showing

Loading Form
Listings Checked: 6 minutes ago

Contact

Learn More About This Property

StatePA
CountyBerks
CityReading
Zip Code19611
AreaReading City
School DistrictReading
Listing VS Median (in 19611)
Price:
$1,250,000
low | high
Med:
$214,900
100% of Average
SqFt:
9,730
low | high
Med:
1,585
100% of Average
$ / SqFt:
$128
low | high
Med:
$136
44.253063511402% of Average
On Site:
63
low | high
Med:
32.5
100% of Average
Sourced by Back At You
Listing Updated: May 7, 2024 at 4:13:37 PM PDT