Active
851 Penn St
Reading PA, 19601
$1,260,000
$578.51 per sqft
Active
2,178 sqft
Commercial
Built in 1912
Welcome to 851 Penn Street, a prime investment opportunity in the heart of Reading, PA! This highly profitable, mixed-use property features two units: one residential apartment and one successful commercial space, currently operating as a restaurant and bar. Located just one block from the Santander Arena, this building offers plentiful foot traffic, making it an attractive location for both residents and businesses. The residential unit is a three bedroom one bath, cozy apartment. The ground floor features an Italian restaurant. Included with this sale is the Italian Garden, Six Pack Outlet with Liquor License, DJ equipment and pool table. The building located at 853 Penn Street, for the Italian Garden Six Pack Outlet is not included in this sale. Lease amount for 853 Penn Street is negotiable with all serious offers.
This property is an excellent investment opportunity with multiple streams of income.
Don't miss out on this opportunity! Contact us today to schedule a private showing.
PABK2051172
MLSⓇ ID
November 16, 2024
Listed
November 16, 2024
Updated
Map
851 Penn St
Reading PA, 19601
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.05 Acres
Sewer
Public Sewer
Other Property Details
Area Name
READING CITY
Taxes
$2,775
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
On Street
View
No
County
BERKS
Water Source
Public
Pool
No
Listed by Daryl Tillman Realty Group
Listing Contact: 4847061859
The IDX display contains information sourced from the Bright MLS, Inc. as of 11/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/16/2024 at 4:21 PM UTC
