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$350,000
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Property Description
**Prime Mixed-Use Commercial Building Opportunity!**Seize an incredible investment opportunity with this versatile mixed-use commercial property! Perfectly situated in a moderate-traffic area with seamless access from Route 222 N., this location boasts exceptional convenience for both business operations and residential living.**Ground Floor:** Ideal space for a salon or any retail/professional business, featuring easy visibility and moderate foot traffic to ensure your venture thrives.**Upper Floors:** A spacious four-bedroom apartment, fully leased with a yearly tenant, offering immediate income potential. **Walk-Out Basement:** Equipped with a small practical workshop area, ample shelving, generous storage space, and a compact kitchen sink room nestled discreetly under the stairwell. A laundry area and a convenient half bathroom is also accessible in the stairwell.**Parking Options:** The property includes a three-car detached garage, with additional on-street and off-street parking available to accommodate your business and residential needs.**Location Perks:**- Surrounded by a vibrant mix of shopping, dining, and entertainment options. - Proximity to top schools, colleges, and major highways enhances its desirability for both commercial clients and residential tenants. This property offers a rare blend of business potential and residential comfort, making it a standout choice for investors and entrepreneurs alike. Don't miss the chance to make this versatile space your own and capitalize on its exceptional location and amenities!
Full Property Details
Full Property Details for 1400 Elizabeth
General
- Sold For: $350,000
- Taxes: $3,998 (2024)
- Status: Closed
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PABK2056598
- Added to Site: 261 day(s) ago
Business
- Business Type: Hair Salon and Spa, Day Care Facility, Flex, Medical,
Interior
- Flooring: Vinyl, Laminate Plank
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 6
- Parking Features: Private, Paved Parking
- Parking Type: Driveway, Private Garage, On Street
Location
- Area: Laureldale Boro (10257)
- Municipality: LAURELDALE BORO
- County: Berks
- Cross Streets: Montclare
- Driving Directions: US-222N-Business Fifth Street Highway, to Right onto Elizabeth Ave, turn Left onto Montclair, property is on your right.
- Location Details: Suburban
Heating & Cooling
- Cooling Type: Window Unit(s), Wall Unit, Ceiling Fan(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Electric, Natural Gas, S/W Changeover
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV, Natural Gas Available
Structural Information
- Construction: Brick
- Foundation: Concrete Perimeter, Pillar/Post/Pier, Stone
- Roof: Pitched, Shingle
- Stories/Levels: 0
- Year Built: 1910
- Year Built Source: Estimated
- Property Condition: Good, Very Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
Lot Features
- Property View: Garden/Lawn, Street, Mountain, Trees/Woods
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Corner, Level, Rear Yard, Road Frontage, SideYard(s)
- Zoning: COMM
- Lot Description: Corner, Level, Rear Yard, Road Frontage, SideYard(s)
Financial Considerations
- Price Per Sq. Ft.: $69.78
- Assessment Year: 2025
- School Tax: $2,834
- City/TownTax: $468
- City/TownTax Freq: Annually
- County Tax: $697
- County Tax Freq: Annually
- Tax w/Assessment: $77,300
- Tax Amount: $3,998
- Tax Year: 2024
- Owner Pays: Heat, Repairs, Sewer, Water, Trash Collection
- Landlord Pays: Heat, Repairs, Sewer, Water, Trash Collection
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant’s Personal Property
- Inclusions: 2 Shampoo Stations, Washer/Dryer in Salon (as-is), Salon Chair
- Investment: Yes
- Lot Number: 986
Listed by Keller Williams Platinum Realty - Wyomissing, Dianna R Alpini
Sold by RE/MAX Of Reading, Jennifer Javier
Get Pre-Approved Today
Schools
Schools serving 1400 Elizabeth
School District:Muhlenberg School District
| Name | Grades | Distance |
|---|---|---|
Muhlenberg El Center 610 Sharp Avenue, Reading, PA 19605 | K-4 | 0.4 mi |
C E Cole Intermediate School 801 Bellevue Avenue, Reading, PA 19605 | 5-6 | 0.4 mi |
Muhlenberg Middle School 801 E Bellevue Ave, Reading, PA 19605 | 7-9 | 0.5 mi |
Muhlenberg High School 400 Sharp Avenue, Reading, PA 19605 | 10-12 | 0.6 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 1400 Elizabeth
Date
Details
Price
Change
Source
8/14/2025
Sold
$350,000
1.45%
MLS
7/03/2025
Price Reduced
$345,000
-2.82%
MLS
5/25/2025
Price Reduced
$355,000
-2.74%
MLS
5/05/2025
Listed
$365,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1400 Elizabeth, Reading, PA 19605 (MLS# PABK2056598) is a Retail property that was sold at $350,000 on August 14, 2025. Want to learn more about 1400 Elizabeth? 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.

