216 LANCASTER AVE Reading, PA 19611

283298929 40.321922 -75.93382 230 /listing/283298929-150474843/216-lancaster-ave-reading-pa-19611 False 0 299900.0 2800 101 PABK366264 False
$299,900
  • 2,800 sqft
  • 0.22 lot
  • Est payment $1609.93/mo

Property & Neighborhood Info

Courtesy Of Keller Williams Platinum Realty

Commercial in READING

Property has 2 buildings; the main building with Lancaster Avenue frontage, formerly Standard Grinding Shop, is about 2,800 SF and consists of a large work-shop area, a showroom, an office, a bath. The second building has 3 garage bays and a 1 BR / 1 Bath apartment (about 600 SF) for extra rental income opportunity. The heating is 2-phased oil hot water and services both buildings. Central air in main building, second building has window unit. Large billboard in front of property is currently under lease and generates an income of $6,000 / year; lease transfers with a current term ending in April 2024.

Courtesy Of Keller Williams Platinum Realty
  1. 2,800 Sq. Ft.
  2. 0.22 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1980
  • Garage: 3.0
  • School District: READING
  • County: Berks County
  • Taxes: $7,223.00
  • Tax Year: 2020
  • Zoning: Commercial Highway District
  • MLS Number:PABK366264

Additional Features

  • Business Type:
    • Manufacturing
    • Storage
    • Warehouse
    • Auto Related
  • New Construction:
    • No
  • Water Source:
    • Public
  • Lot SF Source:
    • Assessor
  • Waterfront:
    • No
  • Electric:
    • 220 Volts
    • 3 Phases
  • Heating:
    • Hot Water
    • Radiator
    • Zoned
  • Heating Fuel:
    • Oil
  • Sewer:
    • Public Sewer
  • Accessibility Features:
    • >84" Garage Door
    • 2+ Access Exits
    • Accessible Switches/Outlets
    • Level Entry - Main
    • No Stairs
  • Water Access:
    • No
  • Financing:
    • Cash
    • Conventional
  • List Type (Exclusive):
    • Exclusive Right
  • Rental Features:
    • No
  • Assessment Year:
    • 2020
  • MLSSystem ID:
    • BRIGHT
  • Possession:
    • Immediate
    • Negotiable
  • Price Per SQFT:
    • 107.11
  • Total Parking Spaces:
    • 3
  • Air Conditioning:
    • Yes
  • Cooling:
    • Central A/C
    • Window Unit(s)
  • Cooling Fuel:
    • Electric
  • Exclusions:
    • grinding wheel, computer equipment
  • Water Heater:
    • Electric
  • Builder Name:
    • Standard Grinding
  • Building Area Source:
    • Estimated
  • Building Square Feet:
    • 2800.00
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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40.321922 -75.93382

216 LANCASTER AVE Reading, PA 19611

283298929 40.321922 -75.93382 230 /listing/283298929-150474843/216-lancaster-ave-reading-pa-19611 False 0 299900.0 2800 101 PABK366264 False
  • $299,900
  • 2,800 sqft
  • 0.22 lot
  • Est payment $1609.93/mo