BEDS0
BATHS
MLS#PABK2067020
STATUSACTIVE
PROPERTY TYPECommercial - Foreclosure
SUBDIVISIONSHILLINGTON
SCHOOLGOVERNOR MIFFLIN
Property 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.
Property Features
Property Type: Commercial - Foreclosure
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Heating: Hot Water
Lot Size: 0.30 Acres
Roof Type: Asphalt, Pitched
Taxes: $7,549
Year Built: 1910
Feature Descriptions
Electric: Circuit Breakers, 200+ Amp Service, 220 Volts
Exterior: Asphalt, Block, Brick, Cast Iron Plumbing, Concrete, Co
Flooring: Carpet, Ceramic Tile, Engineered Wood, Wall to Wall Carpeting, Hardwood, Laminate Plank, Laminated, Luxury Vinyl Plank, Luxury Vinyl Tile, Partially Carpeted, Solid Hardwood, Tile/Brick, Vinyl
Location: Downtown
Lot: Level
Lot Dimensions: 0.30 Acre(S)
Municipality: SHILLINGTON BORO
Parking Notes: Private, Surface, Unassigned
Sewer: Public Septic
Total Garage/Parking Spaces: 20
Units: 15
Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
Water: Public
Local Schools
High School: GOVERNOR MIFFLIN
Middle School: GOVERNOR MIFFLN
Elementary School: GOVERNOR MIFFLIN
School District: GOVERNOR MIFFLIN
Listed By / Shown By
Listed By
Agency Name: Destination Realty LLC
Agency Phone: 6107433310
Shown By
Agent Name: Sharon Kominsky
Agent Phone: (610) 334-6593
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
200 W Lancaster Avenue | MLS# PABK2067020
This commercial property located at 200 W Lancaster Avenue, Reading, PA 19607 is currently listed for sale with an asking price of $1,250,000. W Lancaster Avenue is located within the GOVERNOR MIFFLIN school district. Search Reading real estate on www.sharonsellspahomes.com today.