Price Reduction - New Construction - Seller Financing
Listed By:
RE/MAX Of Reading
Address
2840 Penn Avenue, Reading, PA
Price
$ 250,000
Property Attributes
  • MLS#PABK2035494
  • TypeCommercial
  • CountyBERKS
  • CityReading
  • AreaSpring Twp
  • NeighborhoodWest Lawn
  • Zip19609
  • StyleDay Care Facility,Funeral Home,Garden Center,Hair
  • Taxes$ 4626
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage23958
Data Source:
Bright MLS
Property Description

State highway exposure is available along Penn Avenue in Spring Township, West Lawn PA. This 1/2 plus acre lot is offered FOR SALE as well as a ground lease to allow funding a users custom improvements for this rarely available spot with great rooftop numbers and demographics. Join, Wawa, Domino's, Redner's, Wells Fargo Bank, New York Bagelry, Papa Johns, and many many more established businesses along Penn Avenue in West Lawn. With 150 of frontage and a good clear sight from the lots front, this location has both visibility and accessibility. Uses by right in the Penn Avenue Commercial District in Spring Township include: Adult day care, Ambulatory surgical center, Animal hospital, Art and Photography studio, Beverage Distributor, Bakery, Catering establishment, Community center, Construction company, Convenience store, Copy center, Cultural center, Financial establishment, Food stand, Funeral Home, Health club , Medical center, Indoor club or lodge, Nursery school or day care, Office, Personal service establishment, Petr grooming establishment, Recreation, municipal, Restaurant, fast food, Retail store. Check with Spring township for details on Zoning use and questions. Owner Financing available to qualified buyers, up to 65 percent, LTV. See document attached with details of PPL Right-Of-Way.

Price History
10/10/2023 Listed $299,500
4/18/2024 17% - $250,000

General Features

Sewer Public Sewer
Heating None
Cooling None
Utilities Above Ground,Cable TV Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Possession 0-30 Days CD
Zoning PENN AVENUE COMMERCIAL DI
Construction Materials Other
Property SubType Land for Commercial Use
Tax Year 2023
Current Use Vacant,Other,Land/Lot Only
Percent Ownership Other
Cool Fuel None
Business Type Day Care Facility,Funeral Home,Garden Center,Hair Salon and Spa,Institutional,Medical,Other/General Retail,Pad Site,Restaurant/Bar,Vet/Kennel,Other
Accessibility None
County BERKS
New Construction Yes
Property Type Commercial Sale
Subdivision Name WEST LAWN
Water Access Y/N No
Transportation Airport less than 10 miles,Bus Stop less than 1 mile
Status ACTIVE
Directions Penn Ave. West from Reading and Wyomissing to property on left next to Domino's Pizza
ModificationTimestamp 2024-04-19T09:30:05
City READING
Buyer Agent Compensation 3
Zoning Description Penn Avenue Commercial District (PAC) See zoning attachment.
MLS Area Spring Twp (10280)
Tax Assessed Value 111200.0
Waterfront Y/N No
Street Name PENN
Tax Annual Amount 4626.0
Property Condition Excellent
Construction Completed Y/N No
Historic Y/N No
Vacation Rental Y/N No
Days on Market 204
Location Type Suburban
Standard Status Active
Year Built Source Assessor
Tax Lot 0212
Buyer Agent Compensation Type % Of Base
Association Recreation Fee No

Interior Features

Heating Fuel None
Hot Water None
Street Suffix AVENUE
Central Air Y/N No

Exterior Features

Parking Features Surface,Private,Paved Parking
Lot Features Cleared,Interior,Level,Open,Road Frontage,Year Round Access
Water Source Public
Total Parking Spaces 18
Type of Parking Driveway
Land Use Code 2304
Traffic Count 20000-29999
Water View Y/N No
Building Area Total 0.00
Lot Dimensions 150 x 163 x 154 x 152
Road Surface Type Black Top
Road Frontage Length 150
Road Responsibility State
Land Assessed Value 111200.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
LotDimensionsSource Estimated
Car Parking Spaces 18

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19609

Price
AVG $30K
$250K
Taxes
AVG $4,626
$4,626
Visits
AVG 97
208
Data Provided by Inside Real Estate®
Walkscore
AVG 78
78
Data Provided by Walkscore® not using MLS data

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