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851 Penn Street

READING, PA 19601
  • $1,100,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: PABK2051172
Price Reduced
UPDATED: 57 min ago
$1,100,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1912
County:

School Ratings & Info

School District:

Description

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 negotiable with all serious offers.This property is an excellent investment opportunity with multiple streams of income.Dont miss out on this opportunity! Contact us today to schedule a private showing.

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©2024 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-13T08:51:16.01.
www.amandakrallteam.com/homes/157944188
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851 Penn Street READING, PA 19601

  • Price: $1,100,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 57 min ago
  • ID#: PABK2051172
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1912
Built
Neighborhood:
Reading City (10201)
County:
Berks
Area:
Reading City (10201)
School District:
Reading
Property Description
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 negotiable with all serious offers.This property is an excellent investment opportunity with multiple streams of income.Dont miss out on this opportunity! Contact us today to schedule a private showing.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2178.00 Cooling Central A/CDuctless/Mini-Split Heating Hot Water Heating YN Yes Inclusions All equipment

Property Features

Accessibility Features 2+ Access Exits32"+ wide Doors Central Air YN Yes Cooling Fuel Electric Cross Street 9th Street Current Use BarRestaurantApartments Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Municipality READING CITY Navigable Water YN N New Construction YN No Original MLSNumber 803488462710 Ownership Interest Other Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 2775.00 Tax Lot 9310 Vacation Rental YN No Water Source Public Zoning COMMERCIAL

Listing courtesy of Daryl Tillman Realty Group: .


©2024 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-13T08:51:16.01.
 
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1958 Quentin Road
Lebanon PA, 17042