200 W Lancaster Avenue Reading, PA $ 1,250,000
200 W Lancaster Avenue
$ 1,250,000
Foreclosure
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200 W Lancaster Avenue

Reading, PA, 19607
$ 1,250,000
Bedrooms-- Baths-- Sq 15,000

Monthly Estimate*

$ 7,696

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Commercial Property for sale in Reading, PA

for $1,250,000. This 15,000 square foot building was built in 1910 on a lot size of 0.3.

This commercial property in the heart of downtown Shillington offers a prime investment opportunity with a level 0.3-acre lot. Built in 1910, the structure features a mix of durable materials including brick, concrete, and stucco, ensuring longevity and low maintenance. The property is in below-average condition, presenting a chance for value-add renovations that can significantly increase rental income or resale value. Strategically located less than 10 miles from the airport and within a mile of public transportation, it boasts excellent accessibility, enhancing its appeal to potential tenants. Parking options include private garages and surface lots, catering to various business needs. Investors can capitalize on the growing demand for commercial spaces in urban settings, with the potential for strong returns through strategic improvements and leasing. This property is a solid addition to any investment portfolio, offering both immediate and long-term financial benefits. CLEAN Phase I enviromental assessment report.

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 7,549

Style

Apartment Building

Lot Size

0.3

Year Built

1910

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2067020

Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Ceramic Tile Engineered Wood Fully Carpeted Hardwood Laminate Plank Laminated Luxury Vinyl Plank Luxury Vinyl Tile Partially Carpeted Solid Hardwood Tile/Brick Vinyl
Hot Water Natural Gas
Total Stories 5
Heating Y/N Y
Central Air Y/N N
Total Restrooms 60
Entry Level 1
Number of Elevators 0
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General
Sewer Public Septic
Heating Hot Water
Cooling None
Utilities Electric Available Natural Gas Available Sewer Available Water Available
Possession 0-30 Days CD 31-60 Days CD Immediate
Roof Asphalt Pitched
Zoning COMM
Construction Materials Asphalt Block Brick Cast Iron Plumbing Concrete Copper Plumbing CPVC/PVC Glass Masonry Mixed Mixed Plumbing Stone Stucco Tile
Year Built 1910
Electric Circuit Breakers 200+ Amp Service 220 Volts
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality SHILLINGTON BORO
Business Type Apartment Building
Accessibility None
County BERKS
New Construction N
Property Type Commercial Sale
Subdivision Name SHILLINGTON
Possible Use Apartment Building Apartments Barber/Beauty Bed & Breakfast Clothing Commercial Convenience Store Day Care Flex Space Florist/Nursery Food & Beverage Food Market Hotel/Motel Investment Laundromat Med
Water Access Y/N N
Status ACTIVE
Directions W on Lancaster Ave out of Reading PA
City READING
Number Of Units Total 15
MLS Area Shillington Boro (10277)
Lot Size Units Square Feet
Lot Size Square Feet 13068.00
Tax Annual Amount 7549.0
Property Condition Below Average
Price Per Sq Ft Total AG 83.33
Acceptable Financing Cash Conventional Bank Portfolio Private
Historic Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 7599
Total Actual Rent 180000.00
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Exterior
Parking Features Private Surface Unassigned
Lot Features Level
Water Source Public
Type of Parking Parking Lot On Street Private Garage
Water View Y/N N
Building Area Total 15000.00
Lot Size Acres 0.30
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 200
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* Excluded Features
List By
Destination Realty Llc

Broker

bertskiis@msn.com

Email

Affordability Calculator

$8,326
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$629
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$1,250,000 Listed Price

Map


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200 W Lancaster Avenue, Reading, PA, 19607 is a Commercial Property for sale at $1,250,000 with 15,000 sqft and a lot size of 0.3. 200 W Lancaster Avenue was built in 1910. The property's zip code is 19607 which is in Reading, PA