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$475,000
Est. payment /mo
2,178 SqFt
UPDATED:
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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Listed by Nehemiah J Lindo • Coldwell Banker Realty