Property
Reading, PA 19607 201 W Lancaster Avenue
$1,700,000
Pending
22 more
Presented By: Pagoda Realty
SQFT • 9,000
Home Details
Owner is looking to retire,....Thriving and completely turnkey business opportunity occupying two parcels with ample off street parking. This sale includes an exceedingly well maintained, thriving, and ongoing restaurant business with liquor license and all business contents. The building and property consist of an ongoing main level restaurant, two rental apartments on the second floor, a large garage rental space on the lower level, and an ample well maintained parking lot that abuts the property on a separate parcel.
Presented By: Pagoda Realty
Interior Features for 201 W Lancaster Avenue
Other Interior Features
Central Air Y/NYes
Heating FuelElectric, Natural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 201 W Lancaster Avenue
Acceptable FinancingCash, Conventional, Other
AccessibilityRamp - Main Level
Business TypeApartment Building, Auto Related, Restaurant/Bar
CityREADING
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyBERKS
DirectionsLancaster avenue towards Shillington, property is located on the right at the intersection of W. Lancaster Ave and N Sterly.
DisclosuresNone
Electric220 Volts
FULLFee Simple
HeatingForced Air
Lease Considered Y/NNo
Lot Size Square Feet8276.00
Lot Size UnitsSquare Feet
MLS AreaShillington Boro (10277)
ModificationTimestamp2024-12-10T11:48:17
MunicipalitySHILLINGTON BORO
New ConstructionNo
NumberOfUnitsTotal2
PossessionNegotiable
Possible UseBar/Tavern/Lounge
Price Per Sq Ft Total AG283.33
Property ConditionExcellent
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofRubber
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Tax Annual Amount15794.0
Tax Assessed Value335800.0
Tax Lot8894
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1916
Year Built SourceEstimated
ZoningCOMMERCIAL
Exterior for 201 W Lancaster Avenue
Building Area Total6000.00
Car Parking Spaces40
Land Assessed Value83600.00
Land Use Code4110
Lot Dimensions0.00 x 0.00
Lot FeaturesCorner
Lot Size Acres0.19
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks1
Total Parking Spaces41
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner