Mount Penn PA Real Estate & Homes For Sale

511 - 515 Penn st Reading Pa 40,000 square foot building in the Central Business District of Reading Pa. Former bank with lots of uses. In the Keystone Opportunity Zone. .33 acres 40,000 square feet of retail /commercial space in the heart of Penn St Reading between 5th & 6th Streets in the heart of the Reading Downtown Improvement District. Formerly Reading Trust stretches from Penn St to Court St with access on both streets. This is in the Penn Square Overlay District with underlying Commercial Core (C-C) district. 3 Story building with large 40 Ft Atrium Ceiling. .33-acre property has a full basement with many vaults. Single or Multiple tenant occupancy. Close to Reading Post Office, Attorney Row, City Hall, County Offices, and The Sovereign Center. New Roof. Multiple elevators, sprinkler system, several parking garages within walking distance. Public transportation on 5th St. Perfect Redevelopment project. Many Grant Opportunities paying for rehab and development with the Home Grant Paying up to 75% of property acquisition and rehab for housing and other potential programs. Approximately 30 apartments should be possible with the first floor staying commercial.

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!

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!

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!

Stop worrying about residential tenant issues and invest in some storage/garage space. This set of garages offers 10 9 x 20 garages. One unit is currently a double unit. This is a high occupancy property with usually 100% of the units being occupied. Have the tenants pay down your debt and gain equity. This property has newer doors and roof.

Large Commercial building in the Heart of College Town District in the City of Reading. Perfect for a New Restaurant or lounge. Off street parking in the rear of building and city parking lot next door. This building has potential for residential apartments on the 2nd and 3rd floor. The building is currently leased to a catering company. The lease is month to month and the Caterer will need 60 days to relocate. There is a land lease for the building on the left for $200.00 per month. The catering company pays $2000.00 per month. The building needs updating, the owner is selling the property "AS IS ". Bring your ideas and make an offer! Please give us 48-hour notice for all showings.

Check out this 6-unit Apartment Building that has tons of upside! The property is over 6,000 square feet, which is rare to find in today's market. The property has 6 separate electrical meters. All the units have high ceilings and tons of square footage in each unit. This property easily can bring over $70,000 a year in Gross Revenue.

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.

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.

Location is key. An auto service center situated in the Inner City presents an opportunity for significant business expansion.

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.

One of the most visible and known buildings in Reading, Pa. This classic is located at the corner of 2nd and Penn Streets, on the main artery into the Downtown Reading area. Incredible architecture dates back to 1896 when this building was built as the Keystone Firehouse. In 1986 the property was dramatically updated and expanded with the addition of a three story modern office structure. Now, at over 22,400 sq. ft. of space, this property is poised to meet a variety of office, retail, service and restaurant type uses. Zoning is CC (Commercial Core) along with PSO (Penn Street Overlay). The building can be used by a single occupant or, given the layout, it would lend itself well to multi-tenant opportunities. Topping it off is a 59 car parking lot providing excellent access for tenants, customers and guests.

Great opportunity to develop this lot that is currently zoned CH (Commercial Highway District). Bring your plans and imagination to this location. Many available uses-(check with zoning)

Thriving Cash Flowing laundromat in high traffic location. Real Estate, Business and all equipment is included in the sale. Private parking lot comes with the property. Schedule your showing today!

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.

24 Garages/storage units in a good central location within the City of Reading. Easy access to major roads.

Great Location to have your business at home. This 3 Bedroom, 2 Bath home sits on a 1/4 acre lot. This 2 story home features a huge family room with fireplace and sliders to a rear covered patio. A generous sized living room and a large dining room. The kitchen has a exit to the back of the home. Plenty of cabinets, a large S/S sink and dishwasher. Upstairs you will find a very large primary bedroom with an accent brick wall. Two more nice sized Bedrooms and a second full bath. This home sits back a newer macadam driveway with a large front yard with several trees and a shed. The driveway is a right of way shared by the neighbor in back of the property. Come and take a look and bring your creative vision as it will need some TLC.

This property is at a very desirable location and it is at a red light. The tanks have been removed and the ground is clean. Bring your ideas.

Get into business in the thriving West Reading area. This laundromat has been completely upgraded with over 250k of new equipment, HVAC, new macadam, electric, vending, TV, change machine...everything. Since rehab the business has been steadily increasing monthly and offers a very good return for the new owner. This area has been booming with all the investment in the area and offers a sound investment in the area.

Established Automotive Repair Business. Excellent opportunity to be your own boss. This facility is set up with 3 repair bays. The sale includes the real estate and the majority of the equipment. Great location with strong rooftop demographic. Additionally, there is a second property that the seller currently is under a lease/purchase arrangement. This second parcel provides additional parking and a small storage building. Buyer could continue this arrangement if they so desire.

ð Profitable Chinese Restaurant with Over 30 Years of Established Success! ð Location: Wyomissing, PA, Berks County Are you ready to step into the vibrant world of restaurant ownership with a tried-and-true gem? Look no further! This renowned Chinese restaurant, nestled in the heart of Wyomissing, PA, is now available for acquisition. Boasting over three decades of excellence at the same coveted location, this establishment has become a beloved culinary destination for locals and visitors alike. Key Highlights: 𥢠**Proven Success**: With a steady gross income of over $700,000 annually, this restaurant has solidified its status as a profitable venture. 𥢠**Turnkey Operation**: Walk into a fully equipped and operational restaurant ready to continue its legacy of excellence. From kitchen equipment to dining furniture, everything you need is here to hit the ground running. 𥢠**Liquor License Included**: Enhance your offerings and boost revenue streams with the added advantage of a liquor license. Elevate the dining experience and attract a broader clientele. 𥢠**Documented Financials**: Transparency is paramount. Rest assured, detailed financial records are available upon signing a Non-Disclosure Agreement (NDA), allowing you to make informed decisions confidently. 𥢠**Supportive Transition**: The current owner is committed to ensuring a smooth transition. Benefit from their expertise and guidance as you embark on this exciting journey. Opportunities like this don't come around often. Whether you're an experienced restaurateur looking to expand your portfolio or an aspiring entrepreneur ready to make your mark, this is your chance to own a piece of culinary history. Don't miss out on this exceptional opportunity. Schedule a viewing today and take the first step towards realizing your dreams of owning a successful restaurant in a thriving community. Serious inquiries only. Non Disclosure Agreement Required for All Appointments and More Information. Contact us to receive more information and secure your future in the restaurant industry!

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.

2603 Kutztown Rd Reading PA is address for 8800 sf warehouse. 3 Spring valley Rd Reading PA is address for adjacent Office building. Property record is under 3 Spring Valley Rd Approximately 11,000 Sf building for sale consisting of 2 units. The first unit is 8800 sf warehouse building. Ceiling heights range from 15 ft sloping down to 13 ft. for 6800 sf of warehouse. The warehouse is 85 ft wide and 104ft long. Features two rollup doors 14ft x 12 ft and 12 ft x 10 ft. Drive thru in warehouse is 20 ft wide X 103 ft long. Rollup doors on each end. 15 ft Ceiling height in drive thru for 1500sf and 12 ft ceiling height contains 1100sf 2 half baths in warehouse. Outside Hardwired security cameras (non operational) Fire alarm sensors in warehouse. The property features a steam heating system powered by gas. Public water, and public sewer Second unit consists of 2200sf attached building. Use as office space for your business or lease it out for additional income. 1400sf first floor with 1 half bath, second floor is 800 sf with one half bath. Separate utilities. Former tenants were Doctors office and Temp personal agency office. There is an ADA ramp that is in need of repair. With township approval this building could be converted to single family home. .7 acre lot size. 25 parking spaces. Parking for office building goes all the way to adjacent building. Property is located in I-2 Heavy Industrial District. As of right uses include Manufacturing, Mini warehouses or self-storage units, Warehousing, Wholesale and distribution, Fabrication and finishing establishments, Retail business establishments, Business and professional offices .Centrally located near routes 12, 61, 222 ,422 ,10 and 724. 20 min to PA Turnpike. 40 min to Allentown. 5 min to Reading. 30 min to Pottstown.