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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.
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!
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!
Welcome to the ''Bubble Room'' laundromat and car wash! A thriving laundromat and car wash nestled on a high traffic location/corner lot at 1112 Muhlenberg St in Reading. Experience efficiency with a fleet of machines, washers, dryers and 4 vacuum, cleaners, complemented by the presence of a dedicated on-site laundromat attendant. The private parking lot offers ample space, ensuring a hassle-free experience for your valued customers. Furthermore, there are vending machines on site and plenty of potential areas of growth for additional income. Sale includes the real estate, laundromat and car wash business, and all associated equipment. Seize the chance to own a slice of success in this dynamic location, where every spin and wash promises not just cleanliness, but also a strategic investment in a thriving industry.
Don't miss out on this opportunity. A building with endless possibilities. Welcome to 1100 Spruce Street. This once private social club holds a blank canvas for its new owner. With the potential of units on the 2nd and 3rd floor and a potential commercial on the first, this property is sure to be an income producing property.
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!
Another high occupancy storage/garage location in a central location within the city. This property consists of 21 10 x 20 units, 1 30 x 30, 1 20 x 30 & 1 15 x 20. There are also 3 parking spaces. Currently everything is occupied but 1 10 x 20 unit. Recent upgrades at this facility include mostly newer garage doors, most roofs have been replaced, newer electric & lighting and about half of the blacktop have been replaced.
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.
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!
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.
Nice 2 bay block garage just off the Warren St Bypass. Large rear yard accessible from Allegheny Ave. Need storage space for cars or any other equipment? This would be a great economical solution.
Fully Rented out 6 Unit, with additional income through storage! leases and more information upon request
**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.
36 Storage units with roll up doors & newer blacktop. This investment property has 35 of 36 units currently rented and is a great property to add to or start a rental portfolio. This property consists of 33 9 x 17 units, 1 18 x 17 unit and 2 20 x 20 units.
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)
The best of both worlds. This property consists of a 4 bedroom home which is currently rented to a long term tenant and 12 additional storage units/garages. There are various sized units with the largest being 20 X 35. This unit has a very good historical occupancy rate.
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.
This property consists of 68 garages and 2 parking spaces. It is adjacent to 330 Robeson St which has an additional 24 garages also currently for sale.
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.
24 Garages/storage units in a good central location within the City of Reading. Easy access to major roads.
Unveil the potential of your real estate endeavors with this prime development opportunity! With an indoor parking garage for up to 8 vehicles and endless possibilities, this property is a canvas awaiting your vision. With TLC and renovations, picture a thriving a high-end multi-unit property for lucrative cash flow, commercial space or a versatile warehouse. Inside, discover ample room for a welcoming common area or a charming cafe to serve the local community and tenants alike. Furthermore, there is a newly installed rubber roof along with 2 levels of approximately 6,000 square feet on each floor. Please note, mock designs provided are all subject to zoning approval. Schedule your showing today! Seller Financing Available!
This versatile commercial space boasts a prime location ideal for a variety of businesses, including a car lot and more! The property features 3 spacious bays which are perfect for accommodating service needs. Large office space to provides ample room for administrative tasks and staff. 2 convenient half baths to ensure guest and employee comfort. Excellent traffic count for high visibility to maximize customer reach and foot traffic. Plenty of space to park 20 vehicles or more.Don't miss this opportunity to establish your business in a high-traffic location with the flexibility to adapt to your specific needs.The buyer is responsible for confirming zoning uses and the number of parking spaces.
Welcome to 1509 Moss St! This 5 unit is a great addition to any portfolio. It boasts everything an investor is looking for; 100% occupied with good paying tenants, rents already set at a great price point while still having room for growth, heat and electricity all individually metered keeping owner's expenses low, already generating a profit, and so much more! This property boasts 5 one bedroom units. Each unit has its own meter for electric, heat, and hot water so owner only pays for water, sewer, trash, and common area electric. Property has all natural gas utilities throughout keeping bills affordable for both the owner and tenants. Two of the units are rented at $800/month, two of the other units are rented at $775/month, and the final unit is rented at $675/month. You will find additional storage space in the shed located on the property. Don't miss out on this great opportunity, contact us today to schedule your private showing.
