Property
Reading, PA 19601 1635 Centre Avenue
$2,790,000
11 more
Presented By: RE/MAX Of Reading
SQFT • 999
Home Details
The In Town Motel offers 5 commercial units on the 1st floor consisting of a tattoo parlor, barber shop, laundromat, restaurant & notary. There are also 17 room rentals with restrooms in each, and a private parking lot with 27 spaces. Included in the sale of the property is the owner's laundromat.
Presented By: RE/MAX Of Reading
Interior Features for 1635 Centre Avenue
Other Interior Features
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 1635 Centre Avenue
AccessibilityNone
Business TypeOther/General Retail, Apartment Building
Cap Rate9.80
CityREADING
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyBERKS
DirectionsCentre Ave about 1 block from Municipal Stadium
FULLFee Simple
Gross Income424900.00
HeatingForced Air
Lot Size Square Feet23522.00
Lot Size UnitsSquare Feet
MLS AreaReading City (10201)
ModificationTimestamp2024-12-28T12:26:18
MunicipalityREADING CITY
Net Operating Income273203.00
New ConstructionNo
PossessionImmediate
Price Per Sq Ft Total AG227.35
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount22335.0
Tax Assessed Value503000.0
Tax Lot3316
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningR-3
Exterior for 1635 Centre Avenue
Building Area Total12272.00
Car Parking Spaces27
Land Assessed Value101900.00
Land Use Code4217
Lot Dimensions0.00 x 0.00
Lot Size Acres0.54
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPaved Parking, Handicap Parking, Private
Total Loading Docks0
Total Parking Spaces27
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Ebonie Clerier
Associate