633 E Lancaster Avenue, Reading, PA, 19611

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$1,250,000
38 Days Online

633 E Lancaster Avenue
Reading, PA 19611

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1920
Built
County:
Berks

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610-828-7000
633 E Lancaster Avenue633 E Lancaster Avenue633 E Lancaster Avenue633 E Lancaster Avenue
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Welcome to 633 E Lancaster Avenue, a prime commercial property nestled in the heart of the bustling Lancaster Avenue corridor. Boasting a strategic location and an array of desirable features, this investment opportunity presents a lucrative prospect for savvy investors seeking high income-producing assets. Situated on the vibrant Lancaster Avenue corridor, this property enjoys maximum exposure to high traffic flow, ensuring exceptional visibility and accessibility for businesses. Spanning an expansive 9760 square feet, the building offers ample space to accommodate various commercial endeavors. Additionally, the property rests on a generous .56-acre lot, providing substantial room for expansion or development. With over 40 parking spaces available, convenience is prioritized for customers and tenants alike, enhancing the property's appeal and accessibility. Currently leased to a reputable Collision Center, the property benefits from a stable income stream. Furthermore, the tenant assumes responsibility for water, sewer, taxes, and utilities, alleviating the landlord of additional operational costs. This property presents a compelling addition to any investment portfolio, boasting high income-producing potential fueled by its prime location and established tenant. With its strategic location, sizeable footprint, and attractive lease terms, 633 E Lancaster Avenue represents an enticing investment opportunity for discerning investors. Whether seeking to diversify an existing portfolio or capitalize on the thriving commercial landscape of Lancaster Avenue, this property promises enduring value and lucrative returns. Don't miss out on the chance to secure a foothold in one of the region's most coveted commercial corridors. Schedule a viewing today and seize the opportunity to elevate your investment portfolio with this exceptional property.

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Listing Snapshot
Price 
$1,250,000
Days Online 
38 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.56 Acres
Year Built 
1920
MLS® Number 
PABK2041050
Status 
Active
Property Tax 
$15,502
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
14 hours agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Electric 
3 Phases
Parking 
Paved Parking
Foundation 
Brick/Mortar
Construction Materials 
Aluminum SidingBlockBrickMixed Plumbing
Zoning 
CH
Acceptable Financing 
CashConventional
Interior Features
Flooring 
Vinyl
Heating 
Forced Air
Cooling 
Central A/C
Central Air 
Yes
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Exterior Features
Roof 
PitchedRubberShingle
Community Features
Security 
Fire Detection SystemSecurity SystemSmoke Detector
Accessibility Features 
None
Listing courtesy of Century 21 Gold (610) 779-2500



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Neighborhood & Commute
Source: Walkscore
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