1101 CHESTNUT ST new to site

Reading,PA 19602

$ 475000

- Bed

- Bath

2178 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,178 sqft

Price per Sqft $218

MLS Listing ID PABK2055982

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $1,767

Tax Year 2024

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Property Description

Prime Investment Opportunity – 1101 Chestnut St, Reading, PA 19602. Unlock the potential of this versatile mixed-use commercial property located in the heart of Reading! Positioned on a high-visibility corner lot, 1101 Chestnut Street offers immediate income potential and long-term growth—an ideal opportunity for investors or owner-occupants. First Floor –Commercial Space (Vacant): Spacious and flexible layout, perfect for retail, office, or a service-based business. Features excellent street exposure and high foot traffic, making it an ideal spot for entrepreneurs looking to launch or expand. Second Floor Unit 1: 1 Bedroom, 1 Bathroom – A well-designed layout offering comfort and privacy. Unit 2: Studio Apartment – Cozy and efficient, perfect for a single tenant. Unit 3: 3 Bedrooms, 1 Bathroom – Spacious and versatile, ideal for small families or shared living. Each residential unit has a separate entrance, enhancing convenience and privacy for tenants. With a mix of residential rental income and a vacant commercial space ready for occupancy or leasing, this property delivers solid cash flow potential and flexibility. Don't miss your chance to own a multi-use building in a growing area—schedule your private showing today!

Location

State PA

County Berks

Area Reading City (10201)

Zoning COMM

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Reading

Others

Tax ID 03-5316-21-19-1144

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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