Remodeled Cannabis Property
For Sale
Contact for pricing
100-128 Lancaster Avenue, Reading, PA 19611
Multiple freestanding buildings with parking are available for traditional retail storefront or restaurant operations.
Property SizeContact for details
Days on Market140
Property Features for 100-128 Lancaster Avenue
General Information
Standard status
Active
Property subtype
Retail, Multifamily, Mixed Use
Listing Agency:
Lee & Associates - LA North - Ventura County
(805) 637-5938
Listed By:
Peter Padden · License #02008340
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 7:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - LA North - Ventura County
Investment Insights
Based on property information with market context.
This portfolio includes multiple freestanding retail buildings at 100-128 Lancaster Avenue in Reading, Pennsylvania. Each facility underwent remodeling under the current operator and includes on-site parking. The properties were approved and licensed by the state of Pennsylvania as cannabis dispensaries in 2020, but the cannabis licenses are excluded from the sale.
The buildings are not restricted to continued cannabis use. They may be acquired or leased for conventional retail storefronts or restaurant operations, while also offering locations with visibility and reported traffic activity. The portfolio provides several remodeled commercial buildings within the same offering, supporting consideration of both individual-site and multi-property strategies.
The buildings are not restricted to continued cannabis use. They may be acquired or leased for conventional retail storefronts or restaurant operations, while also offering locations with visibility and reported traffic activity. The portfolio provides several remodeled commercial buildings within the same offering, supporting consideration of both individual-site and multi-property strategies.
Key Highlights
- Multiple freestanding retail buildings included in one portfolio
- Facilities were remodeled by the current operator
- Pennsylvania approvals and cannabis dispensary licenses date to 2020; licenses are excluded from the sale
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
Demographics for 19611, PA
11,238
Population
4,555
Households
2.5
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
2.0 sq mi
ZIP Area
5,619
Density / Sq Mi
$56,379
Median Household Income
$40,791
Median Earnings
$1,098
Median Rent
$161,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Cannabis property - Multiple freestanding buildings with parking are available for traditional retail storefront or restaurant operations.
Where is this cannabis property located?
The property is located at 100-128 Lancaster Avenue Reading, PA.
What are key features of this property?
This property features: Multiple freestanding retail buildings included in one portfolio; Facilities were remodeled by the current operator; Pennsylvania approvals and cannabis dispensary licenses date to 2020; licenses are excluded from the sale
