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$230,000
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Property Description
Well known commercial property with high visibility and read parking for sixteen to eighteen cars. Main floor features a reception area, office space, large workroom plus two bathrooms along with two rear entrance doors. Upper floor features a large work area with pull down stairs to attic storage, and two additional smaller rooms. The lower level has a kitchen area, large room plus a mechanical room. This property also features a paved rear parking lot with drainage. The building is presently leased and tenants will be vacating in the future.
Full Property Details
Full Property Details for 116 W Lancaster Ave
General
- Sold For: $230,000
- Taxes: $5,621 (2024)
- Status: Closed
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PABK2050662
- Added to Site: 473 day(s) ago
Business
- Business Type: Other/General Retail
Interior
- Flooring: Carpet, Vinyl, Wood
Parking
- Total Spaces: 18
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- Area: Shillington Boro (10277)
- Municipality: SHILLINGTON BORO
- County: Berks
- Cross Streets: S. Sterley St
- Driving Directions: 422 to Lancaster Ave to follow to W. Lancaster Ave., property located on left side, middle of block
- Location Details: Business District
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Septic
- Water: Public
- Utility Description: Electric Available, Natural Gas Available, Phone Connected
Structural Information
- Construction: Brick, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt, Shingle
- Stories/Levels: 0
- Year Built: 1910
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Street/Road Desc.: Black Top
- Lot Features: Open
- Zoning: COMMERCIAL
- Lot Description: Open
Financial Considerations
- Price Per Sq. Ft.: $86.93
- Assessment Year: 2024
- School Tax: $3,770
- City/TownTax: $853
- City/TownTax Freq: Annually
- County Tax: $997
- County Tax Freq: Annually
- Tax w/Assessment: $119,500
- Tax Amount: $5,621
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Real Estate Only
- Lot Number: 1435
Listed by RE/MAX Of Reading, O. Chris Miller
Sold by Non Subscribing Office, NON MEMBER
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Schools
Schools serving 116 W Lancaster Ave
School District:Governor Mifflin School District
| Name | Grades | Distance |
|---|---|---|
Cumru El School 601 Philadelphia Avenue, Shillington, PA 19607 | K-4 | 0.9 mi |
Intermediate School 600 Governor Dr, Shillington, PA 19607 | 5-6 | 0.9 mi |
Governor Mifflin Middle School 130 East Lancaster Avenue, Shillington, PA 19607 | 7-8 | 0.4 mi |
Governor Mifflin Senior High School 101 South Waverly Street, Shillington, PA 19607 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 W Lancaster Ave
Date
Details
Price
Change
Source
3/14/2025
Sold
$230,000
-8%
MLS
11/04/2024
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
116 W Lancaster Avenue, Reading, PA 19607 (MLS# PABK2050662) is a Retail property that was sold at $230,000 on March 14, 2025. Want to learn more about 116 W Lancaster Avenue? Do you have questions about finding other Retail real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

