851 PENN STREET, Reading, PA 19601
Commercial Property
Built in 1912
2,178sqft lot
—— car garage
$——/sqft
Listed 7 months ago
Property Description
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 $1,500 with all serious offers. Seller willing to lock in the lease amount at 5 years. 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.
- Listing Status:
- Active
- Date Added:
- November 16, 2024 at 06:00AM
- Listing Office:
- Daryl Tillman Realty Group : 6109850224
- Listing Agent:
- Christopher R Smith : 4847061859
- MLS ID:
- PABK2051172

- A/C: Central A/CDuctless/Mini-Split
- Heating: YHot WaterNatural Gas
- Disability Feature: 2+ Access Exits32"+ wide Doors
This listing courtesy of Christopher R Smith, Daryl Tillman Realty Group
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
10th and Penn Elementary School
955 Penn St, Reading, PA, 19601
Grades PK-4
0.10 miles away
Southern Middle School
931 Chestnut St, Reading, PA, 19602
Grades 5-8
0.23 miles away
Reading Senior High School
801 N 13th St, Reading, PA, 19604
Grades 9-12
0.93 miles away