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$1,250,000

  • For Sale
  • Active
  • Apartment
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This commercial property in the heart of downtown Shillington offers a prime investment opportunity with a level 0.3-acre lot. Built in 1910, the structure features a mix of durable materials including brick, concrete, and stucco, ensuring longevity and low maintenance. The property is in below-average condition, presenting a chance for value-add renovations that can significantly increase rental income or resale value. Strategically located less than 10 miles from the airport and within a mile of public transportation, it boasts excellent accessibility, enhancing its appeal to potential tenants. Parking options include private garages and surface lots, catering to various business needs. Investors can capitalize on the growing demand for commercial spaces in urban settings, with the potential for strong returns through strategic improvements and leasing. This property is a solid addition to any investment portfolio, offering both immediate and long-term financial benefits. CLEAN Phase I enviromental assessment report.

Full Property Details for 200 W Lancaster Ave

General

  • Price: $1,250,000
  • Taxes: $7,549 (2025)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PABK2067020
  • Updated: 1/7/2026
  • Added to Site: 14 day(s) ago

Business

  • Business Type: Apartment Building

Interior

  • Flooring: Carpet, Ceramic Tile, Engineered Wood, Fully Carpeted, Hardwood, Laminate Plank, Laminated, Luxury Vinyl Plank, Luxury Vinyl Tile, Partially Carpeted, Solid Hardwood, Tile/Brick, Vinyl

Rooms

Bathrooms

  • Restrooms: 60

Parking

  • Total Spaces: 20
  • Parking Features: Private, Surface, Unassigned
  • Parking Type: Parking Lot, On Street, Private Garage

Location

  • Area: Shillington Boro (10277)
  • Municipality: SHILLINGTON BORO
  • County: BERKS
  • Subdivision: SHILLINGTON
  • Driving Directions: W on Lancaster Ave out of Reading PA
  • Location Details: Downtown

School Information

  • Elementary School: Governor Mifflin
  • Middle School: Governor Miffln
  • High School: Governor Mifflin

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Septic
  • Water: Public
  • Utility Description: Electric Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

  • Construction: Asphalt, Block, Brick, Cast Iron Plumbing, Concrete, Copper Plumbing, CPVC/PVC, Glass, Masonry, Mixed, Mixed Plumbing, Stone, Stucco, Tile
  • Basement: Yes
  • Roof: Asphalt, Pitched
  • Ceiling Height: 8' to 10'
  • Entry Floor Number: 1
  • Stories/Levels: 5
  • Building Size: 15000
  • Year Built: 1910
  • Year Built Source: Estimated
  • Property Condition: Below Average

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 13,068
  • Lot Size Source: Estimated
  • Zoning: COMM
  • Lot Description: Level

Financial Considerations

  • Price Per Sq. Ft.: $83.33
  • Assessment Year: 2025
  • School Tax: $5,074
  • City/TownTax: $1,094
  • City/TownTax Freq: Annually
  • County Tax: $1,381
  • County Tax Freq: Annually
  • Tax w/Assessment: $153,200
  • Tax Amount: $7,549
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
  • Bank-owned: Yes
  • Lot Number: 7599

Listed by Destination Realty LLC, Robert Savory

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Listing agent

— 200 W Lancaster Ave —

  • Robert Savory

    Destination Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 200 W Lancaster Ave

School District:Governor Mifflin School District
NameGradesDistance
Cumru El School
601 Philadelphia Avenue, Shillington, PA 19607
K-41 mi
Governor Mifflin Middle School
130 East Lancaster Avenue, Shillington, PA 19607
7-80.4 mi
Governor Mifflin Senior High School
101 South Waverly Street, Shillington, PA 19607
9-120.6 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 200 W Lancaster Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Listed
$1,250,000
67577.31%
MLS
1/02/2026
Sold
$1,847
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 200 W Lancaster Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,475
4%
$153,200
—
2024
$2,372
-65%
$153,200
—
2023
$6,802
1%
$153,200
—
2022
$6,725
1%
$153,200
—
2021
$6,648
—
$153,200
—
2020
$6,648
1%
$153,200
—
2019
$6,572
1%
$153,200
—
2018
$6,495
2%
$153,200
—
2017
$6,375
1%
$153,200
—
2016
$6,298
5%
$153,200
—
2015
$6,015
5%
$153,200
—
2014
$5,754
—
$153,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Destination Realty LLC, Robert Savory

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200 W Lancaster Avenue, Reading, PA 19607 (MLS# PABK2067020) is a Apartment property. 200 W Lancaster Avenue is currently listed for $1,250,000 and was received on January 07, 2026. Want to learn more about 200 W Lancaster Avenue? Do you have questions about finding other Apartment real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

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