1530 New Holland Rd - Storefront Retail/Residential FOR SALE


Reading, PA 19607- Kenhorst
$450,000 USD
610-898-1441
1530 New Holland Rd, Reading, PA for Sale
$450,000 USD
Storefront Retail/Residential - FOR SALE
1/28
null | Request Cap Rate

1530 New Holland Rd
Reading, PA 19607
Kenhorst


OVERVIEW

This all brick 3 unit mixed use building offers an ideal space for an owner user or investment opportunity with great drive by traffic in Kenhorst PA. The sale includes an additional parcel (parking lot) that has up to 12 paved parking spaces. The main floor features a hair salon (recently vacated), and locksmith business (Clem's) with separate entrances and their own bathrooms. Clem's Lock and Key has been a well established business operating in the greater Berks county and beyond area for decades (current owner 18 years). The sale does not necessarily include the sale of the business itself but the owner/operator is open to discussion regarding it. The second floor is a wonderfully laid out 2 bedroom studio apartment with modern kitchen and updated full bath. The apartment has it's own heating (natural gas) and central air system as well an individual electric service. The first floor units are also powered by natural gas and central air as well as an individual electric service. The full basement expands the length of the footprint of the building and offers plenty of storage and includes access to both first floor units. Don't miss out on a great opportunity with this one, schedule your showing today! Buyer to verify square footage. Also included in sale is parcel ID 54-5305-06-29-8487 (parking lot adjacent to building). Yearly taxes for the second parcel are $1444 per year. Contact listing agent for discussions relating to the sale of Clem's Lock and Key separate from the real estate.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

M-1

APN/PARCEL ID

54-5305-06-29-8480

ASK ABOUT THIS PROPERTY

Mark ChaknosKeller Williams Platinum RealtyMore Info
610-898-1441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mark ChaknosKeller Williams Platinum RealtyMore Info
610-898-1441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.