633 LANCASTER AVENUE, READING, PA 19611

parkingSpaces 40
|Other
INR ₹104,645,688
USD $1,250,000
Published on: 22 Mar 2024
Last updated on: 11 Sep 2024
633 LANCASTER AVENUE, READING, PA 19611
633 LANCASTER AVENUE, READING, PA 19611
633 LANCASTER AVENUE, READING, PA 19611
+19
633 LANCASTER AVENUE, READING, PA 19611
  • 19
Property ID: 110090814610
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Key property information

Land Size
24,393.62 sq ft
Parking Spaces
40

Commercial - READING, PA

633 LANCASTER AVENUE, READING, PA 19611
Welcome to 633 E Lancaster Avenue, a prime commercial property nestled in the heart of the bustling Lancaster Avenue corridor. Boasting a strategic location and an array of desirable features, this investment opportunity presents a lucrative prospect for savvy investors seeking high income-producing assets. Situated on the vibrant Lancaster Avenue corridor, this property enjoys maximum exposure to high traffic flow, ensuring exceptional visibility and accessibility for businesses. Spanning an expansive 9760 square feet, the building offers ample space to accommodate various commercial endeavors. Additionally, the property rests on a generous .56-acre lot, providing substantial room for expansion or development. With over 40 parking spaces available, convenience is prioritized for customers and tenants alike, enhancing the property's appeal and accessibility. Currently leased to a reputable Collision Center, the property benefits from a stable income stream. Furthermore, the tenant assumes responsibility for water, sewer, taxes, and utilities, alleviating the landlord of additional operational costs. This property presents a compelling addition to any investment portfolio, boasting high income-producing potential fueled by its prime location and established tenant.  With its strategic location, sizeable footprint, and attractive lease terms, 633 E Lancaster Avenue represents an enticing investment opportunity for discerning investors. Whether seeking to diversify an existing portfolio or capitalize on the thriving commercial landscape of Lancaster Avenue, this property promises enduring value and lucrative returns. Don't miss out on the chance to secure a foothold in one of the region's most coveted commercial corridors. Schedule a viewing today and seize the opportunity to elevate your investment portfolio with this exceptional property.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Parking Spaces
40
Land Size
24,393.62 sq ft
Year Built
1920
Architecture Style
Other
Franchise
Century 21 Real Estate
County
BERKS
Provider
Century 21 Gold
Brokerage Office Name
Century 21 Gold
Brokerage Office Phone
(610) 779-2500
Neighbourhoods
READING CITY
Address
633 LANCASTER AVENUE, READING, PA 19611
Contact Agent
Mr. Anthony Borelli
925 Berkshire BOULEVARD, Reading, PA 19610
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Mr. Anthony Borelli
925 Berkshire BOULEVARD, Reading, PA 19610
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      Property ID: 110090814610

      Data provided by Century 21 Gold, MLS #: PABK2041050
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