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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.
This is an exceptional opportunity to own a historic building in downtown Denver, PA. +/- 45,000 SF Industrial building 100% leased to UHURU, a Brooklyn based furniture design firm. 2.8 years remaining on the initial term. NOI $127,739, 6.5% CAP RATE!! Landlord pays property taxes and maintains exterior of the building and roof. Rent escalates 2.5% annually and Tenant has two 5-year renewals remaining. There was a substantial amount of money on building improvements. Upgrades to Sprinkler System, Central Heating Plant and Fire Alarm Systems. Painted inside and out 2016. Also includes parcel 1407224500000, parking lot on over 1 acre of land. Owners are licensed Pennsylvania Real Estate Salespersons.
Welcome to 531 â 545 Canal st Reading Pa For Sale or Lease. There is a grant program that will pay 75% of the cost to purchase and convert this into apartments. ÂA total of 80,000 square foot on 4 stories is available. Property has parking lot. This is a remodeled building with multi-tenant occupancy. Former use was Bills Khakiâs. Current tenants include Reading Film Studio, A City of Reading Office Plus Many More. Space is available of Event Space. Building is connected to the Canal Street Pub. Office, Industrial, Manufacturing space available for single or multi-tenant occupancy. Floor plans available. Grant Opportunity's Available and Tax Advantages Available. All appointments, and offers are subject to 3rd party approval. Also leasing at $10 per square foot triple net.
Location is key. An auto service center situated in the Inner City presents an opportunity for significant business expansion.
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.
14.65 acre property in Bern Township zoned Highway Commercial & Limited Industrial. Property features a 2 story, 6 bay Bank Barn w/ approx. 4,900 SF per floor; a 1 story 4,700 SF Block Building w/15' ceilings; & a 3,294 SF 4 Bedroom 1850's Stone Farmhouse with hardwood floors throughout, 2 staircases, Commercial kitchen & 9' ceilings; Additional out buildings & plenty of parking. Zoning allows Industrial Park, Storage, Manufacturing, Assembly, Fabrication, Packing, Office use, Business, Professional and many other uses.
Here is the opportunity you have been waiting for! This incredible space features a commercial kitchen, bar, walk in cooler, two bathrooms, storage areas and an office. The building has hard wood floors, and a meeting area that can be partitioned off from the bar. This flexible space has many possible uses.
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.
Well established restaurant in the city of Reading for sale! Included liquor license, all full kitchen equipment, all documents up to date. You can start making lots of money on a first day of your ownership. Call Boris with your ideas! Also included 3 story attached building used as an office, storage and apartment above.
Turnkey diner and restaurant available for sale with all furniture, fixtures and equipment included. 1.7 acre parcel. Expansive parking lot. Extensive frontage along heavily traveled Rt 422/W Penn Ave. Local landmark.
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!
Location , Location, Location⦠AMAZING opportunity to own a beautiful business rental property. With 13 Rooms, kitchenette on the upper level. Each room is individually keyed. Some rooms could be laid out as office and conference room. Beautifully finished, private courtyard for owners and renters to enjoy lunch time, outdoor work space on beautiful days, or evening events under the starsYour Business, whether it be a Creation and retail sales of art and crafts items which may include multiple vendor ,Personal services such as barber or beauty shop, tailors nail salons and certified massage therapy and not including a massage parlor ,Photo-finishing services, Law Firm, Real Estate Firm, Accounting Firm, Title Company, Tax services, Recording studio, or other Professional Office use will be located close to the County Court House, County Services and Admin and the downtown. Garage Parking is available 1 block away. This is the opportunity you have been waiting for, make sure you contact me for your private showing Today!
Right in the heart of Reading, this property is ready for a new owner. 19 North 6th Street is occupied by long-reliable tenants, it is positioned right by the Courthouse, a parking garage, and local government offices. The property is in an economic opportunity zone and with most of the tenants being non-profit or County Agencies; you can apply for potential tax relief. There is over 60k in leasable square feet and the courtyard provides an excellent outdoor space for employees to get some fresh air and enjoy their lunch break. The current owner would like to stay and occupy space which leaves just one vacancy on the 5th floor. The projected monthly cash flow is 16k. Perfect for an owner occupant or investor.
Here is a perfect opportunity to purchase a local running business with an apartment on the second floor. All the store needs is a new owner. The store is already setup for success with a kitchen to prepare hot food as well as cold sandwiches. Make additional income with skill/gaming machines and ATM. You can run the store and live in the apartment upstairs or rent it out for additional income. Sale of the building includes the store with inventory, all appliances, ATM and coolers. The apartment upstairs has 2 nice sized bedrooms, 1 bathroom and is rented to long term tenants.
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!
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.
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.
Prime Investment Opportunity Near Penn Street! Discover this lucrative property in a Commercial Residential zone, perfect for expanding your portfolio or diving into real estate for the first time. Situated in a bustling area near Penn Street, this property offers convenience and potential for both seasoned investors and newcomers alike. Features: This property comprises a versatile commercial unit with two front rooms, a kitchen, and a bathroom, along with a residential unit spanning three bedrooms and one bathroom on the upper floors. With dual income potential, you can capitalize on both the commercial and residential aspects of this property, ensuring steady cash flow and long-term profitability. Highlights: Convenience is key, with courts, shops, and restaurants mere moments away, making this property an attractive choice for tenants and ensuring high occupancy rates. Don't miss out on this opportunity to secure your place in this thriving real estate market. Schedule your appointment today to explore the potential of this prime investment opportunity near Penn Street!
Donât miss out on this opportunity. A building with endless possibilities. Welcome to 1100 Spruce Street. This once private social club holds a blank canvas for its new owner. With the potential of units on the 2nd and 3rd floor and a potential commercial on the first, this property is sure to be an income producing property.
Welcome to the ''Bubble Room'' laundromat and car wash! A thriving laundromat and car wash nestled on a high traffic location/corner lot at 1112 Muhlenberg St in Reading. Experience efficiency with a fleet of machines, washers, dryers and 4 vacuum, cleaners, complemented by the presence of a dedicated on-site laundromat attendant. The private parking lot offers ample space, ensuring a hassle-free experience for your valued customers. Furthermore, there are vending machines on site and plenty of potential areas of growth for additional income. Sale includes the real estate, laundromat and car wash business, and all associated equipment. Seize the chance to own a slice of success in this dynamic location, where every spin and wash promises not just cleanliness, but also a strategic investment in a thriving industry.
Fully Rented out 6 Unit, with additional income through storage! leases and more information upon request
Investors Delight. Building features 8 units 6 individual rooms all rented at reasonable low rents to promote long term tenants, plus nice one- bedroom apartment, and a coin operated laundromat consisting of 6 washer and 2 dryer hookups, not open at this time. A new gas heater installed August 2023 and 2 car off street parking. this is a turnkey cash flow multi-unit with Good tenants! Going, Going, Gone!!!!!
Calling all owner-occupants, savvy investors and prospectors. Here's your next Downtown Jazz Fest Destination. Don't look past this three-story, commercial venue in Berks County's Historic Penns Commons. Opportunity knocks. Turn your own key. Start your Bed and Breakfast . Operate your own Air Bnb. Full bar in lower level. Brew your own coffee. Craft your own signature beverages. Say Cigar Lounge. Includes rear lots for parking and deliveries. Newer mechanicals. Signage. Share the strip with The Reading Area Community College, The Miller Center for the Arts, Alvernia's John R. Post Center at Collegetowne, The Santander Arena and The Doubletree Hotel. High traffic count and high visibility. Favors foot traffic as well. This space most recently served as a restaurant but can easily accommodate multiple offices, a convenience store, multi-service, barber shop or nail/hair salon, prep kitchen, event staging or bakery. Great for the new entrepreneur who wants to manage growth or the astute business individual wanting to control costs. Opportunity knocks.
