Schedule a Showing
Share
Print
|
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.
Property Type(s):
Commercial
| Last Updated | 12/6/2024 | Year Built | 1912 |
|---|---|---|---|
| Community | Reading City (10201) | County | BERKS |
Price History
| Prior to Dec 6, '24 | $1,260,000 |
|---|---|
| Dec 6, '24 - Today | $1,100,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Reading City (10201) |
| CONSTRUCTION | Brick |
| HEAT | Hot Water, Natural Gas |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 2775 |
| WATER | Public |
Location
Listing provided by Daryl Tillman Realty Group
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 1/10/25 12:13 AM PST
This IDX solution is (c) Diverse Solutions 2025.
Twitter
Facebook
Email