Price Reduction - New Construction
Listed By:
RE/MAX Of Reading
Address
2840 Penn Avenue, Reading, PA
Price
$ 2,250
Property Attributes
  • MLS#PABK2029614
  • TypeCommercial
  • CountyBERKS
  • CityReading
  • AreaSpring Twp
  • NeighborhoodWest Lawn
  • Zip19609
  • StyleDay Care Facility,Funeral Home,Garden Center,Hair
  • Price$ 2,250
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.55 Acres
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 as a ground lease to allow fund their 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 lots front, this location has both visibility and accessibility. This triple net land lease is available with a minimum five year term and the potential for future options. 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. See document attached with details of PPL Right-Of-Way.

Price History
5/8/2023 Listed $3,000
4/18/2024 25% - $2,250

General Features

Sewer Public Sewer
Heating None
Cooling None
Utilities Above Ground,Cable TV Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Zoning PENN AVENUE COMMERCIAL
Construction Materials Other
Property SubType Land for Commercial Use
Current Use Vacant,Other,Land/Lot Only
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 Lease
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 2024-04-19T09:30:37
City READING
Buyer Agent Compensation 3
Zoning Description Very broad commercial zoning,uses by right include: Adult day care,Ambulatory surgical center,Animal hospital,see comments.
MLS Area Spring Twp (10280)
Lot Size Square Feet 23958.00
Waterfront Y/N No
Street Name PENN
Property Condition Excellent
Ok to Lease More Than 60 Months
Price Per Sq Ft 0.09
Construction Completed Y/N No
Leasable Area 23958
Vacation Rental Y/N No
Availability Date 2023-06-01
Days on Market 359
Location Type Suburban
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Yearly Rent
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
Traffic Count 20000-29999
Water View Y/N No
Lot Dimensions 150 x 163 x 154 x 152
Lot Size Acres 0.55
Road Surface Type Black Top
Road Frontage Length 150
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility State
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
$K
Visits
AVG 95
276
Data Provided by Inside Real Estate®
Walkscore
AVG 78
78
Data Provided by Walkscore® not using MLS data

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