The Jocelyn Shay Team

License#

200 W LANCASTER AVENUE, Reading, PA 19607

 (Sold on )

$1,200,000

  • Open House
  • New Listing
  • Price Reduced$50,000
  • Active
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • 15,000Sqft
  • 0Acres
  • Multi-FamilyType
  • PABK2067046MLS#
-1 More Schedule

Property Description

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 portfolio, offering both immediate and long-term financial benefits. CLEAN Phase I enviromental assessment report

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Property Details 200 W LANCASTER AVENUE, READING, PA 19607

Facts & Features

  • MLS #: PABK2067046
  • Status: Active
  • Date Listed: 01/08/2026
  • Type: Multi-Family
  • Sub Type: Other
  • Year Built: 1910
  • Style: Other
  • Price: $1,200,000
  • Acres: 0.30
  • Area: Shillington Boro (10277)
  • County: Berks
  • Total SqFt: 15,000

Amenities

  • # of Garages: 3
  • Waterfront Type: Public

Interior

  • Heating: Hot Water
  • Cooling: None
  • Basement: Yes

Exterior

  • Construction: Block, Brick, Masonry, Stucco, Frame

Schools

  • School District: Governor Mifflin

Additional Information

  • Foreclosure: Yes
  • Zoning: R2

Tax Information

  • Tax: $7,549

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