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2395 Lancaster Pike

READING, PA 19607
  • $3,900,000
  • STATUS: Active
  • ON SITE: 296 Days
  • ID#: PABK2019946
UPDATED: 22 min ago
$3,900,000
  • 0
    BEDS
  • 1.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1993
County:

School Ratings & Info

School District:

Description

Commercial property for sale in great condition, located in an excellent location! Over 24,000 sqft of opportunity. This property has been fully renovated in 2017. Situated on 1.2 Acres includes 53 parking spots, 33 private offices, Executive board room on both levels, community room, organic cafe, fitness center with men and women locker rooms, game room, elevator, bar and separate kitchen/ lounge space. If you're ready to upgrade your office space, look no further! 10.21% CAP rate

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-29T23:50:10.357.
www.paulacashion.com/homes/131918303
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2395 Lancaster Pike READING, PA 19607

  • Price: $3,900,000
  • Status: Active
  • On Site: 296 Days
  • Updated: 22 min ago
  • ID#: PABK2019946
0
Beds
0
Baths
0
½ Baths
1.2
Acres
1993
Built
Neighborhood:
Cumru Twp (10239)
County:
Berks
Area:
Cumru Twp (10239)
School District:
Governor Mifflin
Property Description
Commercial property for sale in great condition, located in an excellent location! Over 24,000 sqft of opportunity. This property has been fully renovated in 2017. Situated on 1.2 Acres includes 53 parking spots, 33 private offices, Executive board room on both levels, community room, organic cafe, fitness center with men and women locker rooms, game room, elevator, bar and separate kitchen/ lounge space. If you're ready to upgrade your office space, look no further! 10.21% CAP rate
Exterior Features

Construction Materials BrickDryvit Garage YN No Location Type Corner Lot/Unit Lot Features CornerFront YardLandscapingLevelRoad FrontageIrregular Parking Features Handicap ParkingLighted ParkingPaved ParkingPrivateSurface Parking Types Parking Lot Property Condition ExcellentVery Good Riparian Rights YN No Road Responsibility State Road Surface Type Black Top View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 24880.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 24187.00 Security Features Security SystemSurveillance Sys

Property Features

Acceptable Financing CashNegotiable Accessibility Features 2+ Access Exits32"+ Wide Doors36"+ Wide HallsElevatorLevel Entry - Main Assessment Year 2023 Business Type FlexHealth ClubParking LotProfessionalRestaurant/BarOtherRecreation Central Air YN Yes Cooling Fuel Electric Cross Street Fayne Street Elevators 1 Entry Level 1 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Municipality Cumru Twp Navigable Water YN N Net Operating Income 398068.00 New Construction YN No Number Of Units Total 1 Operating Expense 167700.00 Operating Expense Includes ElectricInsuranceLandscapingPest ControlTrashWaterSewerParkingRepair/MaintenanceHeating/Cooling Original MLSNumber 801794417054 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 64442.00 Tax Assessment Amount 1461200.00 Tax Lot 5207 Utilities Cable TvElectric AvailableMultiple Phone LinesNatural Gas AvailablePhoneSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2017 Zoning Commercial/Office

Listing courtesy of Weichert Realtors Neighborhood One: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-29T23:50:10.357.
 
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