West Reading, PA 19611,720 PENN AVE
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West Reading, PA 19611,720 PENN AVE
West Reading, PA 19611,720 PENN AVE
West Reading, PA 19611,720 PENN AVE
West Reading, PA 19611,720 PENN AVE

$310,000

Est. payment /mo

$299,900

3.4%
Est.Price: ?

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720 PENN AVE West Reading, PA 19611

2,400 SqFt

SOLD DATE : 07/31/2020

Key Details

Sold Price $310,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $129

MLS Listing ID PABK358636

Sold Date 07/31/20

HOA Y/N N

Originating Board BRIGHT

Year Built 1930

Tax Year 2019

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 0.00 x 0.00

Property Description

Building for sale only. West Reading's premier gift shop is moving from West Reading and there is a great opportunity to own this space. The building that houses the gift shop, It's a Gift, is available for sale. It's a Gift has decided it's time to collaborate with From The Heart Consignment Store in Sinking Spring. This is a fantastic retail space opportunity with an income-producing residential apartment above. The first thing you will notice is the gorgeous brick steps that lead to the attractive store front. The roughly 1100 sq feet retail space offers central air, a cozy slate-floored entry with lots of natural light, a spacious main display room, a 2nd display room toward the rear, a powder room, a small office area and a rear entrance. The built-in display cabinets will remain. There is also a garage-sized rear building perfect for storage. The basement is currently used for office space, mechanicals and additional storage. The 1300 sq foot apt on the 2nd and 3rd floor is in very good condition and is currently occupied. Because the tenant is an employee of the store, the rent is part of their employment. The current seller is willing to pay the new owner up to 3 months of rent ($900/mo) until the current tenant finds suitable housing. The apt features a private side entrance, gas heat, large eat-in kitchen with a door to a covered porch, 2 additional rooms for your choice of bedroom/living room (current tenant uses the larger front room as the bedroom), nice-sized bathroom, and additional finished space on the 3rd floor. There is a stackable washer and dryer located in the kitchen area as well. Seize the opportunity to own a part of Berks County's fastest growing and most desirable areas.

Location

State PA

County Berks

Area West Reading Boro (10293)

Zoning CB -RETAIL & RES.

Interior

Hot Water Natural Gas

Heating Forced Air, Steam

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Water Access N

Roof Type Shingle

Street Surface Paved

Accessibility None

Total Parking Spaces 1

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wyomissing Area

Others

Tax ID 93-5307-17-00-9148

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Creighton P Stringer • Pagoda Realty
Bought with Deb Bensinger • RE/MAX Of Reading

Travis Gray

Advisor | License ID: 636268

+1(301) 641-0809

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