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515 E Lancaster Avenue, Reading, PA 19611
$549,900
515 E Lancaster Avenue, Reading, PA 19611View this property at 515 E Lancaster Avenue, Reading, PA 19611
515 E Lancaster AvenueReadingPA19611
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Property Description
Welcome to 515 E Lancaster Ave, a prime property available TODAY. Situated in a bustling location with high traffic count and excellent exposure, this property offers exceptional business opportunities. One of the standout features of this property is its spacious parking lot, capable of accommodating 22 parking spaces. Additionally, the property extends all the way to the end of the building, where the popular nail salon is located, ensuring increased visibility and foot traffic. Renovated to meet modern standards, this property boasts a range of updated additions. These include a newer roof, upgraded mechanical systems, plumbing enhancements, updated flooring, and a fresh coat of paint throughout. These improvements not only enhance the aesthetics but also ensure a well-maintained and comfortable environment for your business. With its flexible zoning designation of C3 Hwy, this property opens up numerous possibilities for a variety of business uses. Whether you are looking to relocate your current business, start a new venture, or expand your existing operations, this rare commercial space provides the perfect opportunity. Immediate possession is available, allowing you to swiftly transition into your new business space. Don't miss out on the chance to secure this unique property, complete with a large parking lot. Schedule an appointment today and take the first step towards realizing your business goals.
Full Property Details
Full Property Details for 515 E Lancaster Ave
General
- Price: $549,900
- Taxes: $5,569 (2022)
- Status: Active
- Type: Store
- MLS ID: PABK2040246
- Updated: 3/2/2024
- Added to Site: 56 day(s) ago
Business
- Business Type: Auto Related, Day Care Facility, Hair Salon and Spa,
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Restrooms: 1
Additional Information
- Security/Safety: 24 hour security
Parking
- Total Spaces: 22
- Parking Features: Handicap Parking, Paved Parking
- Parking Type: Parking Lot
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Driving Directions: .
- Traffic Count: 20000-29999
- Location Details: Highway
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Construction: Brick, Concrete
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 1
- Year Built: 1965
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $319.71
- Assessment Year: 2023
- School Tax: $2,284
- City/TownTax: $2,310
- City/TownTax Freq: Annually
- County Tax: $976
- County Tax Freq: Annually
- Tax w/Assessment: $127,400
- Tax Amount: $5,569
- Tax Year: 2022
- Owner Pays: All Utilities, Insurance, Snow Removal, Taxes - Real Estate
- Landlord Pays: All Utilities, Insurance, Snow Removal, Taxes - Real Estate
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Exclusions: Owners Personal Property
- Inclusions: All fixures
- Lot Number: 6434
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Schools
Schools serving 515 E Lancaster Ave
School District:Governor Mifflin School District
Rating | Name | Grades | Distance |
---|---|---|---|
600 Governor Dr, Shillington, PA 19607 | 5-6 | 0.5 mi | |
601 Philadelphia Ave, Shillington, PA 19607 | K-4 | 0.6 mi | |
130 E Lancaster Ave, Shillington, PA 19607 | 7-8 | 0.4 mi | |
101 S Waverly St, Shillington, PA 19607 | 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 515 E Lancaster Ave
Date
Details
Price
Change
Source
3/02/2024
Listed
$549,900
149.95%
MLS
1/03/2020
Sold
$220,000
—
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 515 E Lancaster Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,569
—
$127,400
—
2022
$5,569
—
$127,400
—
2021
$5,569
1%
$127,400
—
2020
$5,513
-17%
$127,400
-17%
2019
$6,673
—
$154,200
—
2018
$6,673
1%
$154,200
—
2017
$6,629
1%
$154,200
—
2016
$6,549
5%
$154,200
—
2015
$6,241
1%
$154,200
—
2014
$6,165
—
$154,200
—
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 515 E Lancaster Ave
515 E Lancaster Avenue, Reading, PA 19611 (MLS# PABK2040246) is a Store property. 515 E Lancaster Avenue is currently listed for $549,900 and was received on March 02, 2024. This property is listed by Joseph "Joe" Colon from our Wyomissing Office.Want to learn more about 515 E Lancaster Avenue? Do you have questions about finding other Store real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.