Neighborhood Info
Commercial in READING
Lots of potential for this 2+ Acre, 12,580 + sf building. Favorable zoning includes many uses permitted by right, including retail sales, personal or household services, restaurants, financial institutions with drive thru , professional offices, trade schools, studio, funeral home and any additional uses included in the R6 district.Property is made up of three parcels, two are designated C-10 zoning, the third is in the back and is zoned R4.Currently renting the 6200 sf space in the back to a long term tenant, there are three additional suites that may be rented once required Boro improvements are implemented. This can work as an owner occupied property or as a commercial multi tenant investment property. At $6/sf there is a potential gross income of $75,480! Centrally located near business 422, just down the street from Rt. 562 and easily accessible from all around. Included with the sale are all needed drawings to separate into four suites, showing the site development plan for parking requirements. The heavy lifting with zoning is done, bid the improvement work, and rent it out!
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12,580 Sq. Ft.
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2.09 Lot
Main Features
- Listing Status: Active
- Year Built: 1950
- Garage: 12.0
- School District2: EXETER TOWNSHIP JUNIOR
- School District3: EXETER TOWNSHIP SENIOR
- School District: EXETER TOWNSHIP
- County: Berks
- Taxes: $6,107.00
- Tax Year: 2020
- Units: 3
- Zoning: C - 10 mixed commercial many p
- MLS Number:PABK365030
What's My Mortgage?
3209-R OLEY TURNPIKE RD Reading, PA 19606
- $485,000
- 12,580 sqft
- 2.09 lot
- Est payment $2603.58/mo