851 PENN ST, Reading, PA 19601
851 PENN ST, Reading, PA 19601
851 PENN ST, Reading, PA 19601
17
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Listed by Gil Carbon • Century 21 Gold
$325,000
Est. payment /mo
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2,178 Sqft Lot
Active

851 PENN ST Reading, PA 19601

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PABK2079360

Year Built 1912

Annual Tax Amount $2,908

Tax Year 2026

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Very lucrative income producing property in the heart of Reading. First floor consists of a Pizzeria/Restaurant/Bar doing a very good business. The 2nd floor consists of a large room being utilized as office space. At one time it was used as 2nd floor dining. The 34d floor consists of a 3 bedroom, 1 bath apartment. This location is just 1 block from the Santander Arena. The property is ideal for an ambitious entrepreneur looking to make a very profitable living. Business and liquor license are not included but could be negotiated.

Location

State PA

County Berks

Area Reading City (10201)

Zoning C-R

Interior

Hot Water Electric

Heating Hot Water

Cooling Central A/C

Heat Source Natural Gas

Exterior

Utilities Available Cable TV, Natural Gas Available, Phone

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Reading

Others

Tax ID 08-5307-84-90-9310

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Zack Grimmer

Zack Grimmer

Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer License ID: RS346782 | 1973175 | BK359849

+1(215) 667-0238

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851 PENN ST