1635 Centre Ave - Freestanding FOR SALE


Reading, PA 19601
$2,790,000 USD
610-670-2770
1635 Centre Ave, Reading, PA for Sale
$2,790,000 USD
Freestanding - FOR SALE
1/23
null | 9.8% Cap Rate

1635 Centre Ave
Reading, PA 19601


OVERVIEW

The In Town Motel offers 5 commercial units on the 1st floor consisting of a tattoo parlor, barber shop, laundromat, restaurant & notary. There are also 17 room rentals with restrooms in each rental unit, and a private parking lot with 27 spaces. Included in the sale of the property is the owner's laundromat.

FOR SALE DETAILS

PRICE

$2,790,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

9.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

R-3

APN/PARCEL ID

14-5307-26-69-3316

ASK ABOUT THIS PROPERTY

Kent WrobelRE/MAX of ReadingMore Info
610-670-2770

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Kent WrobelRE/MAX of ReadingMore Info
610-670-2770

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