1122 Elm Street Reading, PA $ 299,900
1122 Elm Street
$ 299,900
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1122 Elm Street

Reading, PA, 19604
$ 299,900
Baths0.0 Sq 2,178

Monthly Estimate*

$ 1,993

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Studio

Commercial Property for sale in Reading, PA

for $299,900. This 2,178 square foot building was built in 1900 on a lot size of 0.05.

Corner Super Market Style Grocery Store with full kitchen and updated mechanicals. Featuring a new hot air furnace, air conditioning and a compressor for the large refrigerators. The business offers several streams of income such as food stamps, cigarette sales, PA Lottery, an ATM and gaming machines. This business has loyal neighborhood customer base and great potential for increased revenue by adding extended hours, offering catering opportunities, adding multi service or hosting a ghost kitchen(renting kitchen outside hours of operation). The store is located in a highly populated area within walking distance of schools and the CIty Park. Purchase price includes Real Estate, Equipment and Business. Turn Key Opportunity.

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Commercial Active

Price

$ 299,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 922

Style

Convenience Store/Gas,/General Retail,Supermarket

Lot Size

0.05

Year Built

1900

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2027070

Features
Interior
Heating Fuel Natural Gas
Flooring Vinyl
Hot Water Electric
Total Stories 1
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Total Restrooms 1
Entry Level 1
Number of Elevators 0
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 0-30 Days CD Immediate
Roof Flat
Zoning COMM
Security Features Security System
Construction Materials Brick Stucco Copper Plumbing Mixed Plumbing
Exclusions atm games of chance machines pos system on lease
Year Built 1900
Electric 200+ Amp Service
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality READING CITY
Business Type Convenience Store/Gas Other/General Retail Supermarket/Grocery Store
Accessibility No Stairs
County BERKS
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Convenience Store Commercial Food Market Food & Beverage Restaurant
Water Access Y/N N
Status ACTIVE
Directions East on Penn St to a left on 9th St. To a right on Elm st. Store on your right.
City READING
Buyer Agent Compensation 2.5
Total Units 1
MLS Area Reading City (10201)
Lot Size Square Feet 2178.00
Waterfront Y/N N
Street Name ELM
Tax Annual Amount 922.0
Property Condition Very Good
Price Per Sq Ft 137.7
Acceptable Financing Cash Private Seller Financing Negotiable Installment Sale
Historic Y/N N
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 425
Standard Status Active
Year Built Source Estimated
Tax Lot 3851
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Public
Water Source Public
Inclusions equipment
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Building Area Total 2178.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility Boro/Township
Land Assessed Value 11000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1122
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* Excluded Features
List By
Exp Realty, Llc

Broker

david@brgpa.com

Email

Affordability Calculator

$2,070
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,993
Monthly Property Taxes
$77
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/3/2023$299,900 Listed Price

Map


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1122 Elm Street, Reading, PA, 19604 is a Commercial Property for sale at $299,900 with 2,178 sqft and a lot size of 0.05. 1122 Elm Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 19604 which is in Reading, PA