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    200 W Lancaster Ave Reading, PA 19607

    Sponsored
    For Sale
    $1,250,000

    MULTI_FAMILY - READING, PA

    Property size:
    15,000 SF
    Lot size:
    0.30 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 9 at 8:20 am

    Property Features for 200 W Lancaster Ave

    General Information

    Special listing conditions
    In Foreclosure
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    In Foreclosure
    Standard status
    Active
    Rooms
    Basement
    Parking
    23
    Parking features
    On Street, Garage - Detached, Parking Lot
    Size
    15,000 SF
    Lot size
    0.30 Acres

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1910
    Number of units
    4
    Building materials
    Block, Brick, Masonry, Stucco, Frame

    Destination Realty, LLC (484) 769-3209 [email protected]

    Listing agent Robert Savory (215) 783-6721 License #RS319543

    Listing date Jan 9, 2026

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shillington Commercial Investment Opportunity

    This commercial property, situated in the heart of downtown Shillington, presents an investment opportunity on a 0.3-acre lot. Constructed in 1910, the building incorporates brick, concrete, and stucco, contributing to its durability. The property is a 15-unit building with a total area of 15000 square feet. Currently in below-average condition, it offers potential for renovations to increase rental income or resale value. Located less than 10 miles from the airport and within a mile of public transportation, the property benefits from accessibility. Parking includes private garages and surface lots. A clean Phase I environmental assessment report is available. This property is located in READING, PA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Speedway Convenience Store Amazon Locker - Pietro Mailing Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.97193
    Latitude
    40.30413

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    FAQs

    What type of property is this?
    Storefront property - 15-unit commercial building in downtown Shillington, prime for investment.
    Where is this storefront property located?
    The property is located at 200 W Lancaster Ave Reading, PA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime downtown Shillington location offers strong potential for commercial space rentals.; - Proximity to public transportation (within 1 mile) and the airport (less than 10 miles) ensures excellent accessibility.; - Durable construction materials (brick, concrete, stucco) provides longevity and low maintenance.
    (484) 220-1000
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    200 W Lancaster Ave Reading, PA 19607
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    Reading, PA 19607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 W Lancaster Ave Reading, PA 19607
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