200 W Lancaster Ave, Reading, PA 19607

Reading
Local realty services provided by:Mountain Realty ERA Powered
200 W Lancaster Ave,Reading, PA 19607
$1,250,000
  • 15 Beds
  • - Baths
  • 15,000 sq. ft.
  • Multi-family
  • Active
Listed by: robert savory
Office: destination realty llc.
MLS#:PABK2067046
Source:BRIGHTMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$83.33

About this home

Back on the market due to buyer financing falling through. 15 UNIT BUILDING. 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...

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Home facts

  • Year built:1910
  • Listing ID #:PABK2067046
  • Added:188 day(s) ago
  • Updated:July 16, 2026 at 01:38 PM

Rooms and interior

  • Bedrooms:15
  • Rooms Total:60
  • Basement:Yes
  • Basement Description:Full
  • Living area:15,000 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Year built:1910
  • Building area:15,000 sq. ft.
  • Lot area:0.3 Acres
  • Lot Features:Urban
  • Construction Materials:Block, Brick, Frame, Masonry, Stucco
  • Foundation Description:Block, Brick/Mortar, Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$83.33
  • Tax amount:$7,549 (2025)

Parking

  • Parking description:Detached Garage, On Street, Parking Lot
  • Garage:Yes
  • Garage spaces:3

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