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2840 Penn Avenue, Reading, PA 19609
$250,000
2840 Penn Avenue, Reading, PA 19609View this property at 2840 Penn Avenue, Reading, PA 19609
2840 Penn AvenueReadingPA19609
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Property Description
State highway exposure is available along Penn Avenue in Spring Township, West Lawn PA. This 1/2 plus acre lot is offered FOR SALE as well as a ground lease to allow funding a users custom improvements for this rarely available spot with great rooftop numbers and demographics. Join, Wawa, Domino's, Redner's, Wells Fargo Bank, New York Bagelry, Papa Johns, and many many more established businesses along Penn Avenue in West Lawn. With 150 of frontage and a good clear sight from the lots front, this location has both visibility and accessibility. Uses by right in the Penn Avenue Commercial District in Spring Township include: Adult day care, Ambulatory surgical center, Animal hospital, Art and Photography studio, Beverage Distributor, Bakery, Catering establishment, Community center, Construction company, Convenience store, Copy center, Cultural center, Financial establishment, Food stand, Funeral Home, Health club , Medical center, Indoor club or lodge, Nursery school or day care, Office, Personal service establishment, Petr grooming establishment, Recreation, municipal, Restaurant, fast food, Retail store. Check with Spring township for details on Zoning use and questions. Owner Financing available to qualified buyers, up to 65 percent, LTV. See document attached with details of PPL Right-Of-Way.
Full Property Details
Full Property Details for 2840 Penn Ave
General
- Price: $250,000
- Taxes: $4,626 (2023)
- Status: Active
- Type: Retail
- MLS ID: PABK2035494
- Updated: 4/17/2024
- Added to Site: 203 day(s) ago
Business
- Business Type: Day Care Facility, Funeral Home, Garden Center, Hair
Parking
- Total Spaces: 18
- Parking Features: Surface, Private, Paved Parking
- Parking Type: Driveway
Location
- Area: Spring Twp (10280)
- Municipality: SPRING TWP
- County: Berks
- Development Name: West Lawn
- Subdivision: West Lawn
- Cross Streets: Dwight St.
- Driving Directions: Penn Ave. West from Reading and Wyomissing to property on left next to Domino's Pizza
- Traffic Count: 20000-29999
- Location Details: Suburban
School Information
- High School: Wilson
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground, Cable TV Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Construction: Other
- Stories/Levels: 0
- Current Bldg. Use: Vacant, Other, Land/Lot Only
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- # Tenants: Single
Lot Features
- Lot Dimensions: 150 x 163 x 154 x 152
- Frontage Feet: 150
- Street/Road Desc.: Black Top
- Lot Features: Cleared, Interior, Level, Open, Road Frontage, Year Round Access
- Zoning: PENN AVENUE COMMERCIAL DI
- Lot Description: Cleared, Interior, Level, Open, Road Frontage, Year Round Access
Financial Considerations
- Assessment Year: 2023
- School Tax: $3,279
- City/TownTax: $495
- City/TownTax Freq: Annually
- County Tax: $851
- County Tax Freq: Annually
- Tax w/Assessment: $111,200
- Tax Amount: $4,626
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Other
- Lot Number: 212
Listed by RE/MAX Of Reading, Robert Kearney
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Schools
Schools serving 2840 Penn Ave
School District:Wilson School District
Rating | Name | Grades | Distance |
---|---|---|---|
1211 Broadcasting Rd, Wyomissing, PA 19610 | K-5 | 1.6 mi | |
3100 Iroquois Ave, Sinking Spg, PA 19608 | 6-8 | 0.7 mi | |
2601 Grandview Blvd, West Lawn, PA 19609 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2840 Penn Ave
Date
Details
Price
Change
Source
4/17/2024
Price Reduced
$250,000
-16.53%
MLS
10/10/2023
Listed
$299,500
113.93%
MLS
11/01/2017
Sold
$140,000
—
Public Record
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
Tax History for 2840 Penn Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,533
3%
$111,200
—
2022
$4,422
4%
$111,200
—
2021
$4,266
—
$111,200
—
2020
$4,266
3%
$111,200
—
2019
$4,145
-25%
$111,200
-26%
2018
$5,525
2%
$149,500
—
2017
$5,432
3%
$149,500
—
2016
$5,266
1%
$149,500
—
2015
$5,213
1%
$149,500
—
2014
$5,176
—
$149,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2840 Penn Ave
2840 Penn Avenue, Reading, PA 19609 (MLS# PABK2035494) is a Retail property. 2840 Penn Avenue is currently listed for $250,000 and was received on October 10, 2023. Want to learn more about 2840 Penn 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.