221 E Lancaster Avenue, Reading, PA 19607 - Photo 1

1/1

$275,000

Sold
Closed
Business

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Property Description

Excellent investment opportunity along the bustling business district of Shillington's Lancaster Avenue corridor! This well-maintained property boasts a versatile first floor, currently operating as a dental office, but easily adaptable for various business uses or the addition of a second residential rental unit. The second floor features a charming 2 bedroom apartment with replacement windows, a cozy screened-in rear porch, and a private entrance. Ample off-street parking is available at the rear as well as easy on street parking, complemented by a single-car detached garage, perfect for tenant parking, storage, or generating additional rental income. Don't miss out on this prime real estate offering!

Full Property Details

Full Property Details for 221 E Lancaster Ave

General

Sold For: $275,000
Taxes: $7,460 (2024)
Status: Closed
Type: Business
Source: BrightMLSPhilly
MLS ID: PABK2052600

Property History

221 E Lancaster Ave, Reading, PA
Sold $275,000 on 3/31/25
Listed $275,000 on 1/15/25

Business

Business Type: Apartment Building, Medical, Professional

Interior

Flooring: Carpet, Vinyl

Rooms

Bathrooms

Restrooms: 1

Parking

Total Spaces: 8
Parking Features: Paved Parking, Private
Parking Type: Driveway, On Street, Parking Lot, Private Garage

Location

Area: Shillington Boro (10277)
Municipality: SHILLINGTON BORO
County: Berks
Cross Streets: Waverly
Driving Directions: Across the street from Governor Mifflin Middle School, use GPS
Location Details: Business District

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Window Unit(s)
Cooling Fuel: Oil
Heating Type: Hot Water
Heating Fuel: Natural Gas
Water Heater: Electric, Oil

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable TV Available, Electric Available, Sewer Available, Water Available

Structural Information

Construction: Brick
Roof: Architectural Shingle
Stories/Levels: 2
Year Built: 1920
Year Built Source: Estimated
Property Condition: Very Good

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.14
Lot Size (Sq. Ft.): 6,098
Lot Size Source: Assessor
Lot Dimensions: 0.00 x 0.00
Lot Features: Level, Rear Yard
Zoning: 4119 MIXED USE
Lot Description: Level, Rear Yard

Financial Considerations

Price Per Sq. Ft.: $201.02
Assessment Year: 2024
School Tax: $5,004
City/TownTax: $1,132
City/TownTax Freq: Annually
County Tax: $1,324
County Tax Freq: Annually
Tax w/Assessment: $158,600
Tax Amount: $7,460
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Dental Equipment, Office Equipment (possibly negotiable)
Lot Number: 1285

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Meet the listing agent

— 221 E Lancaster Ave —

Samuel "Sam" Kalbach

Email Me

(484) 256-4038 mobile

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NMLS#: 1598647

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Schools

Schools serving 221 E Lancaster Ave

School District:Governor Mifflin School District

Name	Grades	Distance
Intermediate School 600 Governor Dr, Shillington, PA 19607	5-6	0.6 mi
Cumru El School 601 Philadelphia Avenue, Shillington, PA 19607	K-4	0.7 mi
Governor Mifflin Middle School 130 East Lancaster Avenue, Shillington, PA 19607	7-8	0.1 mi
Governor Mifflin Senior High School 101 South Waverly Street, Shillington, PA 19607	9-12	0.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Community Info

Community Info for 221 E Lancaster Ave

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221 E Lancaster Avenue, Reading, PA 19607 (MLS# PABK2052600) is a Business property that was sold at $275,000 on March 31, 2025. This property was listed by Samuel "Sam" Kalbach from our Wyomissing Office.Want to learn more about 221 E Lancaster Avenue? Do you have questions about finding other Business real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

221 E Lancaster Ave Reading, PA 19607