201 W Lancaster Avenue, Reading, PA 19607 - Photo 1

1/1

$1,250,000

Sold
Closed
Apartment

1/1

Property Description

Owner is looking to retire,....Thriving and completely turnkey business opportunity occupying two parcels with ample off street parking. This sale includes an exceedingly well maintained, thriving, and ongoing restaurant business with liquor license and all business contents. The building and property consist of an ongoing main level restaurant, two rental apartments on the second floor, a large garage rental space on the lower level, and an ample well maintained parking lot that abuts the property on a separate parcel.

Full Property Details

Full Property Details for 201 W Lancaster Ave

General

Sold For: $1,250,000
Taxes: $16,019 (2025)
Status: Closed
Type: Apartment
Source: BrightMLSPhilly
MLS ID: PABK2046472
Added to Site: 533 day(s) ago

Business

Business Type: Apartment Building, Auto Related, Restaurant/Bar

Parking

Total Spaces: 41
Parking Type: Parking Lot

Location

Area: Shillington Boro (10277)
Municipality: SHILLINGTON BORO
County: BERKS
Driving Directions: Lancaster avenue towards Shillington, property is located on the right at the intersection of W. Lancaster Ave and N Sterly.

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Electric, Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Brick
Roof: Rubber
# Loading Docks: 1
Building Size: 6000
Year Built: 1916
Year Built Source: Estimated
Property Condition: Excellent

Unit Information

# Tenants: Multiple
Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Lot Features

Lot Size (Acres): 0.19
Lot Size (Sq. Ft.): 8,276
Lot Size Source: Assessor
Zoning: COMMERCIAL
Lot Description: Corner

Financial Considerations

Price Per Sq. Ft.: $283.33
Assessment Year: 2025
School Tax: $10,594
City/TownTax: $2,398
City/TownTax Freq: Annually
County Tax: $3,027
County Tax Freq: Annually
Tax w/Assessment: $335,800
Tax Amount: $16,019
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 8894

Listed by Pagoda Realty, Justin C Horst
Sold by EXP Realty, LLC, Wander E Batista

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Listing agent

— 201 W Lancaster Ave —

Justin C Horst

Pagoda Realty

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Schools

Schools serving 201 W Lancaster Ave

School District:Governor Mifflin School District

Name	Grades	Distance
Cumru El School 601 Philadelphia Avenue, Shillington, PA 19607	K-4	1 mi
Intermediate School 600 Governor Dr, Shillington, PA 19607	5-6	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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 201 W Lancaster Ave

Date

Details

Price

Change

Source

8/07/2025

Sold

$1,250,000

-26.47%

MLS

8/06/2024

Listed

$1,700,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Baths
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Just Listed

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Beds
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Total Baths
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Business
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Mobile Home
Active
Updated 6 days ago

3
Beds
2
Total Baths
1,344
Sq. Ft.

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201 W Lancaster Avenue, Reading, PA 19607 (MLS# PABK2046472) is a Apartment property that was sold at $1,250,000 on August 07, 2025. Want to learn more about 201 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.

201 W Lancaster Ave Reading, PA 19607