200 W Lancaster Ave, Reading, PA 19607
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
200 W Lancaster Ave,Reading, PA 19607
$1,200,000
- 18 Beds
- - Baths
- 15,000 sq. ft.
- Multi-family
- Active
Listed by: robert savory
Office: destination realty llc.
MLS#:PABK2067046
Source:BRIGHTMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$80
About this home
Back on the market due to buyer financing falling through. 15 UNIT BUILDING. 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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Home facts
- Year built:1910
- Listing ID #:PABK2067046
- Added:274 day(s) ago
- Updated:October 10, 2026 at 01:45 PM
Rooms and interior
- Bedrooms:18
- Rooms Total:60
- Basement:Yes
- Basement Description:Full
- Living area:15,000 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1910
- Building area:15,000 sq. ft.
- Lot area:0.3 Acres
- Lot Features:Urban
- Construction Materials:Block, Brick, Frame, Masonry, Stucco
- Foundation Description:Block, Brick/Mortar, Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$80
- Tax amount:$7,549 (2025)
Parking
- Parking description:Detached Garage, On Street, Parking Lot
- Garage:Yes
- Garage spaces:3
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