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Looking to break into the laundromat and apartment rental industry? Look no further than this 5 unit property at 351 N 6th St Reading Pa. This property boast 4 apartment units and a thriving laundromat business. Each tenant pays their own heat and electric. Ownership pays for water, heat and electric within the laundromat unit. The owner ran laundromat and tenant occupied apartments have been recently renovated with fresh paint and updated flooring throughout. The sale includes all the real estate, equipment and the laundromat business. Please reach out for additional details on income and expenses. Schedule your showing today!
Exceptional Laundromat Business Opportunity! The business and all associated equipment are up for grabs - the real estate is rented via a Triple Net Lease. Situated in a bustling, high-traffic location in Wyomissing, your customers will have no trouble finding you. Plus, you'll have Walmart, LA Fitness, and Redner's Supermarket as your neighbors. With the right management and resources in place, this is an opportunity to unlock passive income potential. Explore additional income streams through vending machines, and consider the option to add even more value by introducing a personal wash and fold service. Please reach out for 2023 income and expense details. Don't miss this golden opportunity to own a thriving laundromat in a prime location!
Exceptional Laundromat Business Opportunity! The business and all associated equipment are up for grabs - the real estate is rented via a Triple Net Lease. Situated in a bustling, high-traffic location in Wyomissing, your customers will have no trouble finding you. Plus, you'll have Walmart, LA Fitness, and Redner's Supermarket as your neighbors. With the right management and resources in place, this is an opportunity to unlock passive income potential. Explore additional income streams through vending machines, and consider the option to add even more value by introducing a personal wash and fold service. Please reach out for 2023 income and expense details. Don't miss this golden opportunity to own a thriving laundromat in a prime location!
Prime Commercial Investment in Reading City, terrific property to add to your portfolio. Presenting an exceptional investment proposition in the heart of Reading City: A multifaceted 4 building corner commercial property featuring 12 residential units, a Bodega, and a spacious Storage Unit that was once a Laundromat. This asset is not only a beacon of solid returns but also serves as an attractive tax shelter for savvy investors. Tenants shoulder the cost for electric, heat, and hot water, ensuring maximized returns for the owner. The storage room, previously functioning as a Laundromat, retains its separate water meter. Landlord pays water, sewer, and taxes. Property does need some TLC. The seller emphasizes showings for qualified buyers only, ensuring a smooth and efficient transition process. Buyer is welcome to present a reasonable lower offer for seller's consideration.
Introducing 311 Mulberry Street, Reading PA - an exciting new property that offers a unique blend of functionality and versatility for investors and entrepreneurs alike. This property is comprised of two garages, one of which is a two-story structure that features additional rooms on the second floor. The unit is equipped with electric service, providing a wide range of options for potential occupants.The main garage boasts a garage door opener for convenient access, while the other garage is subleased by the tenant of the main garage. In addition to the garages, the property also includes two storage units, one measuring 16x16 and the other 8x16. These units offer ample space for storage and can potentially generate additional income for the property.This property also offers long-term tenants, providing a steady and reliable source of income. However, there is also room to create additional income streams, making this property an attractive option for those seeking to maximize their investment potential.While water is available on the property, it is not currently hooked up. However, it is a valuable resource that can be utilized for a variety of purposes. Additionally, electric can be run to the storage units to further enhance their utility and functionality. 311 Mulberry Street presents an exceptional opportunity for investors and entrepreneurs who are looking for a versatile property that offers a range of potential uses and income streams. With its prime location, valuable features, and flexible options, this property is sure to attract attention from a wide range of prospective buyers. (SELLER OPEN TO SELLER FINANCING- CALL FOR DETAILS)
Location is key. An auto service center situated in the Inner City presents an opportunity for significant business expansion.
Corner Super Market Style Grocery Store with full kitchen and updated mechanicals. Featuring a new hot air furnace, air conditioning and a compressor for the large refrigerators. The business offers several streams of income such as food stamps, cigarette sales, PA Lottery, an ATM and gaming machines. This business has loyal neighborhood customer base and great potential for increased revenue by adding extended hours, offering catering opportunities, adding multi service or hosting a ghost kitchen(renting kitchen outside hours of operation). The store is located in a highly populated area within walking distance of schools and the CIty Park. Purchase price includes Real Estate, Equipment and Business. Turn Key Opportunity.
Various possible uses for this property. There are 2 separate entrances including a 2 car garage door. Possible uses are storage, auto related or other possible commercial uses. Currently rented to long term tenant for $525.
**Unleash Your Vision: Transformative Commercial Property Opportunity! ** Welcome to a commercial property that transcends its current identity as an auto garage, inviting you to infuse creativity and redefine its purpose. This expansive space, encompassing both 228 Mulberry and 223 Sauls Court, is more than just a location: it's a canvas for your imaginative endeavors. **Key Features: ** 1. **Limitless Potential: ** - With its generous space of approximately more than 6,000 square feet and flexible layout, this property serves as a blank canvas, allowing you to unleash your creativity and mold it into the perfect setting for your unique vision. 2. **Dual Addresses for Versatility: ** - The inclusion of both 228 Mulberry and 223 Sauls Court extends your possibilities, offering diverse spaces to explore and integrate into your transformative plans. 3. **Current Rental Income: ** - Enjoy immediate returns as the property is currently rented, providing a stable income stream while you contemplate and execute your visionary project. 4. **Adaptable Interior: ** - The spacious interiors can be molded to suit a variety of purposes ", the potential is only limited by your imagination. 5. **Strategic Location: ** - Situated in a strategic location, this property offers not only visibility but also a canvas to create a space that resonates with the vibrant community. Community-Friendly Design: ** - Consider creating spaces that engage with the local community, fostering a sense of connection and support for your innovative venture. 6. **Investment with a Purpose: ** - Beyond a property transaction, this is an investment in your creative dreams, a chance to redefine a space and leave a lasting imprint on the community. **Dream, Create, Innovate! ** Seize the opportunity to transform this property into a reflection of your vision. Schedule a visit today to immerse yourself in the potential of 228 Mulberry and 223 Sauls Court. Unleash your creativity and turn this commercial canvas into a masterpiece! *Note: Verify zoning regulations, and any legal considerations related to your intended transformation. **The big parking lot adjacent to the buildings it is not included.
Prime Investment Opportunity Near Penn Street!Discover this lucrative property in a Commercial Residential zone, perfect for expanding your portfolio or diving into real estate for the first time. Situated in a bustling area near Penn Street, this property offers convenience and potential for both seasoned investors and newcomers alike.Features:This property comprises a versatile commercial unit with two front rooms, a kitchen, and a bathroom, along with a residential unit spanning three bedrooms and one bathroom on the upper floors. With dual income potential, you can capitalize on both the commercial and residential aspects of this property, ensuring steady cash flow and long-term profitability.Highlights:Convenience is key, with courts, shops, and restaurants mere moments away, making this property an attractive choice for tenants and ensuring high occupancy rates. Don't miss out on this opportunity to secure your place in this thriving real estate market. Schedule your appointment today to explore the potential of this prime investment opportunity near Penn Street!
Welcome to this remarkable property in the heart of Reading, PA. A property with character with the potential of increasing your portfolio and your cash flow. The location is key since it is accesible to public transportation, and close to colleges, entertainment centers, City Hall, banks, medical facilities, the courthouse, restaurants and others. The 13 units include 8 apartments with one bedroom, 4 apartments with 2 bedrooms and a large commercial space that can be utilized to start a business, with zoning approval. All units have their individual gas heaters, electric meters and water heaters. Tenants pay for their own heat, electric and hot water. The owner pays for water, sewer, trash and other owner expenses such as insurance, taxes, maintenance and pest control. On top of that it has a garage with 7 parking spaces. The current cap rate can be increased to 10.74% with the proposed rents. Take advantage of this great opportunity today!
Location , Location, Location... AMAZING opportunity to own a beautiful business rental property. With 13 Rooms, kitchenette on the upper level. Each room is individually keyed. Some rooms could be laid out as office and conference room. Beautifully finished, private courtyard for owners and renters to enjoy lunch time, outdoor work space on beautiful days, or evening events under the starsYour Business, whether it be a Creation and retail sales of art and crafts items which may include multiple vendor ,Personal services such as barber or beauty shop, tailors nail salons and certified massage therapy and not including a massage parlor ,Photo-finishing services, Law Firm, Real Estate Firm, Accounting Firm, Title Company, Tax services, Recording studio, or other Professional Office use will be located close to the County Court House, County Services and Admin and the downtown. Garage Parking is available 1 block away. This is the opportunity you have been waiting for, make sure you contact me for your private showing Today!
511 - 515 Penn st Reading Pa 40,000 square foot building in the Central Business District of Reading Pa. Former bank with lots of uses. In the Keystone Opportunity Zone. .33 acres 40,000 square feet of retail /commercial space in the heart of Penn St Reading between 5th & 6th Streets in the heart of the Reading Downtown Improvement District. Formerly Reading Trust stretches from Penn St to Court St with access on both streets. This is in the Penn Square Overlay District with underlying Commercial Core (C-C) district. 3 Story building with large 40 Ft Atrium Ceiling. .33-acre property has a full basement with many vaults. Single or Multiple tenant occupancy. Close to Reading Post Office, Attorney Row, City Hall, County Offices, and The Sovereign Center. New Roof. Multiple elevators, sprinkler system, several parking garages within walking distance. Public transportation on 5th St. Perfect Redevelopment project. Many Grant Opportunities paying for rehab and development with the Home Grant Paying up to 75% of property acquisition and rehab for housing and other potential programs. Approximately 30 apartments should be possible with the first floor staying commercial.
Right in the heart of Reading, this property is ready for a new owner. 19 North 6th Street is occupied by long-reliable tenants, it is positioned right by the Courthouse, a parking garage, and local government offices. The property is in an economic opportunity zone and with most of the tenants being non-profit or County Agencies; you can apply for potential tax relief. There is over 60k in leasable square feet and the courtyard provides an excellent outdoor space for employees to get some fresh air and enjoy their lunch break. The current owner would like to stay and occupy space which leaves just one vacancy on the 5th floor. The projected monthly cash flow is 16k. Perfect for an owner occupant or investor.
Seller finance is an option. A unique opportunity to own a one-of-a-kind property that is much more than just an investment, it is a destination! Well known in Berks County previously as "Captain's Cove" and "Mountain Springs Restaurant". This restaurant, bar and venue space and all restaurant equipment to get you started. 3 parking lots for 110 vehicles. Inside and outside seating. Also, features its own natural spring located on premises. This location offers unlimited potential as it is situated on over 14 acres nestled in the hills of Mt. Penn.To those that don't know Mt. Penn is one of Berks County's most active spots. The mountain features over 4,000 acres of mountain preserves with daily visitors to the 40+ miles of trails great for hiking and biking. The mountain caters to events round year such as The Reading Liederkranz Oktober Fest, part of Berk's Jazz Fest, The Annual Duryea Hill Climb to name a few. The constant happenings on the mountain continue to bring locals and tourist to the area!This one has it all. Location. Equipment. Local notoriety. Space to grow.
One of the most visible and known buildings in Reading, Pa. This classic is located at the corner of 2nd and Penn Streets, on the main artery into the Downtown Reading area. Incredible architecture dates back to 1896 when this building was built as the Keystone Firehouse. In 1986 the property was dramatically updated and expanded with the addition of a three story modern office structure. Now, at over 22,400 sq. ft. of space, this property is poised to meet a variety of office, retail, service and restaurant type uses. Zoning is CC (Commercial Core) along with PSO (Penn Street Overlay). The building can be used by a single occupant or, given the layout, it would lend itself well to multi-tenant opportunities. Topping it off is a 59 car parking lot providing excellent access for tenants, customers and guests.
Large Commercial building in the Heart of College Town District in the City of Reading. Perfect for a New Restaurant or lounge. Off street parking in the rear of building and city parking lot next door. This building has potential for residential apartments on the 2nd and 3rd floor. The building is currently leased to a catering company. The lease is month to month and the Caterer will need 60 days to relocate. There is a land lease for the building on the left for $200.00 per month. The catering company pays $2000.00 per month. The building needs updating, the owner is selling the property "AS IS ". Bring your ideas and make an offer! Please give us 48-hour notice for all showings.
Get into business in the thriving West Reading area. This laundromat has been completely upgraded with over 250k of new equipment, HVAC, new macadam, electric, vending, TV, change machine...everything. Since rehab the business has been steadily increasing monthly and offers a very good return for the new owner. This area has been booming with all the investment in the area and offers a sound investment in the area.
Profitable Chinese Restaurant with Over 30 Years of Established Success! Location: Wyomissing, PA, Berks CountyAre you ready to step into the vibrant world of restaurant ownership with a tried-and-true gem? Look no further! This renowned Chinese restaurant, nestled in the heart of Wyomissing, PA, is now available for acquisition. Boasting over three decades of excellence at the same coveted location, this establishment has become a beloved culinary destination for locals and visitors alike.Key Highlights: **Proven Success**: With a steady gross income of over $700,000 annually, this restaurant has solidified its status as a profitable venture. **Turnkey Operation**: Walk into a fully equipped and operational restaurant ready to continue its legacy of excellence. From kitchen equipment to dining furniture, everything you need is here to hit the ground running. **Liquor License Included**: Enhance your offerings and boost revenue streams with the added advantage of a liquor license. Elevate the dining experience and attract a broader clientele. **Documented Financials**: Transparency is paramount. Rest assured, detailed financial records are available upon signing a Non-Disclosure Agreement (NDA), allowing you to make informed decisions confidently. **Supportive Transition**: The current owner is committed to ensuring a smooth transition. Benefit from their expertise and guidance as you embark on this exciting journey.Opportunities like this don't come around often. Whether you're an experienced restaurateur looking to expand your portfolio or an aspiring entrepreneur ready to make your mark, this is your chance to own a piece of culinary history.Don't miss out on this exceptional opportunity. Schedule a viewing today and take the first step towards realizing your dreams of owning a successful restaurant in a thriving community.Serious inquiries only. Non Disclosure Agreement Required for All Appointments and More Information. Contact us to receive more information and secure your future in the restaurant industry!
MOTIVATED SELLER.....Business, business name and equipment for sale only...No Real Estate--Bella's is a well known sandwich and pizza shop in the midst of a premier business district along State Hill Rd and has been popular for its sandwiches and pizza for years. Take out or eat-in this business is doing very well and getting new customers all the time. The equipment is top notch and as clean as you can have equipment being used every day. An equipment is available if desired. Contact Phil Macaronis or Randy Weidner for more information.
Calling all owner-occupants, savvy investors and prospectors. Here's your next Downtown Jazz Fest Destination. Don't look past this three-story, commercial venue in Berks County's Historic Penns Commons. Opportunity knocks. Turn your own key. Start your Bed and Breakfast . Operate your own Air Bnb. Full bar in lower level. Brew your own coffee. Craft your own signature beverages. Say Cigar Lounge. Includes rear lots for parking and deliveries. Newer mechanicals. Signage. Share the strip with The Reading Area Community College, The Miller Center for the Arts, Alvernia's John R. Post Center at Collegetowne, The Santander Arena and The Doubletree Hotel. High traffic count and high visibility. Favors foot traffic as well. This space most recently served as a restaurant but can easily accommodate multiple offices, a convenience store, multi-service, barber shop or nail/hair salon, prep kitchen, event staging or bakery. Great for the new entrepreneur who wants to manage growth or the astute business individual wanting to control costs. Opportunity knocks.
Check out this 6-unit Apartment Building that has tons of upside! The property is over 6,000 square feet, which is rare to find in today's market. The property has 6 separate electrical meters. All the units have high ceilings and tons of square footage in each unit. This property easily can bring over $70,000 a year in Gross Revenue.
Stop worrying about residential tenant issues and invest in some storage/garage space. This set of garages offers 10 9 x 20 garages. One unit is currently a double unit. This is a high occupancy property with usually 100% of the units being occupied. Have the tenants pay down your debt and gain equity. This property has newer doors and roof.
Calling all multi-unit real estate investors! 5 residential units, within a prime location making it easy to rent out. Both the exterior and interior of the property have been recently freshly painted, in addition to recently replaced flooring throughout. Review the numbers and make this cash flow yours! Please reach out today for additional details and to schedule your private showing. Current rental/lease income per unit/per month. Unit/Apartment 1: 4850. Unit/Apartment 2: $850. Unit/Apartment 3: $850. Unit/Apartment 4: $900. Unit/Apartment 5: $900.
Add this money making property to your portfolio without all the residential tenant issues. This property consists of 10 storage units/garages. One is currently a double and 1 only has a man door. These are large units measuring 12 x 22 & the double 24 x 22. There are also 11 parking spaces for rent. Currently all garages are rented and 9 of 11 parking spaces. This is an all block building and the rear area is fenced.
