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$400,000
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Property Description
Investor or business owner opportunity! 3 unit building containing 1 commercial unit and 2 residential units. The commercial unit hosted a successful business for many years until recently when the business moved next door for more space. It consists of a storefront, multiple offices, 2 half baths, a full kitchen, storage areas and a full walk-out basement containing tons of room for extra storage. The larger residential unit contains 4 bedrooms, 1 bath and is move in ready. The smaller residential unit is 2 bedrooms, 1 bath and is currently occupied. There is a detached 26'x23' 3 car garage for extra rental income or storage. Owner pays heat, water, sewer, trash. Tenants pay electric, partial heat (supplemental electric). Public gas was just installed in the street.
Full Property Details
Full Property Details for 119 W Lancaster Ave
General
- Sold For: $400,000
- Taxes: $8,869 (2025)
- Status: Closed
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PABK2063932
- Added to Site: 198 day(s) ago
Business
- Business Type: Other/General Retail
Rooms
Bathrooms
- Restrooms: 4
Parking
- Total Spaces: 7
- Parking Features: Paved Parking, Private
- Parking Type: Driveway, Private Garage
Location
- Area: Shillington Boro (10277)
- Municipality: SHILLINGTON BORO
- County: BERKS
- Driving Directions: Use GPS. Located to the right of Napa Auto Parts
- Traffic Count: 15000-19999
School Information
- High School: Gov Mifflin
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water, Radiator, Baseboard - Electric
- Heating Fuel: Oil, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Basement: Yes
- Drive-In Doors: 3
- Stories/Levels: 3
- Building Size: 4294
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size Source: Estimated
- Zoning: C
Financial Considerations
- Price Per Sq. Ft.: $104.77
- School Tax: $5,962
- County Tax: $1,622
- County Tax Freq: Annually
- Tax w/Assessment: $180,000
- Tax Amount: $8,869
- Tax Year: 2025
- Owner Pays: Heat, Insurance, Lawn/Shrub Care, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 778
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Schools
Schools serving 119 W Lancaster Ave
School District:Governor Mifflin School District
| Name | Grades | Distance |
|---|---|---|
Intermediate School 600 Governor Dr, Shillington, PA 19607 | 5-6 | 0.9 mi |
Cumru El School 601 Philadelphia Avenue, Shillington, PA 19607 | K-4 | 1 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 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 119 W Lancaster Ave
Date
Details
Price
Change
Source
12/19/2025
Sold
$400,000
-11.09%
MLS
10/08/2025
Listed
$449,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
119 W Lancaster Avenue, Reading, PA 00000 (MLS# PABK2063932) is a Retail property that was sold at $400,000 on December 19, 2025. This property was sold by Jerry Buffa from our Wyomissing Office.Want to learn more about 119 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.


