100-128 Lancaster AveReading, PA 19611

For Sale
Call for price

Prime Reading, PA Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a portfolio of three single-family rental properties totaling 4,550 square feet situated on a 1.06-acre lot in Reading, Pennsylvania. Located at 100-128 Lancaster Avenue, 19611, these properties are zoned C-C (Commercial Core), offering significant flexibility for future use. Each freestanding building boasts ample parking and high visibility, ensuring strong tenant appeal. Previously licensed as cannabis dispensaries by the state of Pennsylvania in 2020, these properties are ideally suited for a variety of commercial ventures. The sale does not include the cannabis licenses; however, their compliant status presents a unique advantage for prospective licensees or those seeking relocation options. Each building has undergone recent renovations by the current operator, resulting in modern, move-in ready spaces. These properties are perfectly positioned for traditional retail storefronts, restaurants, or other commercial uses, making them an attractive investment with considerable upside potential in a thriving Berks County location. The properties' strategic location ensures high traffic counts and excellent visibility, contributing to a strong return on investment. This portfolio offers a rare chance to acquire established, well-maintained commercial properties in a desirable location with diverse redevelopment possibilities.

Highlights

  • Retail/Multifamily Portfolio: 4,550 SF on 1.06 acres in Reading, PA.
  • Located at 100-128 Lancaster Avenue, Reading, PA 19611, zoned C-C (Commercial Core).
  • Each building is a freestanding retail structure with ample parking and high visibility.
  • Properties were previously licensed cannabis dispensaries (licenses not included in sale).
  • Recently remodeled and suitable for various retail or restaurant uses.

Property Details for 100-128 Lancaster Ave

Property type
Other retail properties, Multifamily properties
Square Feet
4,550 SF
Lot Size (sq. ft)
46,174 SF

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.323195
Longitude
-75.9335603
100-128 Lancaster Ave, Reading, Pennsylvania

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100-128 Lancaster Ave
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