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Welcome to 851 Penn Street, a prime investment opportunity in the heart of Reading, PA! This highly profitable, mixed-use property features two units: one residential apartment and one successful commercial space, currently operating as a restaurant and bar. Located just one block from the Santander Arena, this building offers plentiful foot traffic, making it an attractive location for both residents and businesses. The residential unit is a three bedroom one bath, cozy apartment. The ground floor features an Italian restaurant. Included with this sale is the Italian Garden, Six Pack Outlet with Liquor License, DJ equipment and pool table. The building located at 853 Penn Street, for the Italian Garden Six Pack Outlet is not included in this sale. Lease amount for 853 Penn Street is negotiable with all serious offers. This property is an excellent investment opportunity with multiple streams of income. Don't miss out on this opportunity! Contact us today to schedule a private showing.
| DAYS ON MARKET | 6 | LAST UPDATED | 11/16/2024 |
|---|---|---|---|
| YEAR BUILT | 1912 | COMMUNITY | Reading City (10201) |
| COUNTY | BERKS | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Reading City (10201) |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 2775 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Daryl Tillman Realty Group
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