100-128 Lancaster AveReading, PA 19611

Property Details for 100-128 Lancaster Ave

Lot size

1.06 AC

Property size (Sq ft)

4,550 SF

Property type

Retail properties

Property subtype

Residential income homes

Description

This exceptional investment opportunity presents a portfolio of three single-family rental properties totaling 4,550 square feet situated on a 1.06-acre lot in Reading, Pennsylvania. Located at 100-128 Lancaster Avenue, 19611, these properties are zoned C-C (Commercial Core), offering significant flexibility for future use. Each freestanding building boasts ample parking and high visibility, ensuring strong tenant appeal. Previously licensed as cannabis dispensaries by the state of Pennsylvania in 2020, these properties are ideally suited for a variety of commercial ventures. The sale does not include the cannabis licenses; however, their compliant status presents a unique advantage for prospective licensees or those seeking relocation options. Each building has undergone recent renovations by the current operator, resulting in modern, move-in ready spaces. These properties are perfectly positioned for traditional retail storefronts, restaurants, or other commercial uses, making them an attractive investment with considerable upside potential in a thriving Berks County location. The properties' strategic location ensures high traffic counts and excellent visibility, contributing to a strong return on investment. This portfolio offers a rare chance to acquire established, well-maintained commercial properties in a desirable location with diverse redevelopment possibilities.

Location Insight

City

Reading

County

Berks

State

Pennsylvania

Latitude

40.3232

Longitude

-75.9336

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