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Storefront Property with Central Air
For Lease
$2,900/Mo

103 LANCASTER AVENUE, Reading, PA 19611

The space has natural gas forced-air heat and an electric water heater.

Space SizeContact for details
Property Size22,000 SF
Days on Market48

Property Features for 103 LANCASTER AVENUE

General Information

Standard status Active
Size 22,000 SF
Total Parking Spaces 3
Zoning COM

Amenities

Accessible Hallway(s), Accessible Elevator Installed
Central Air
Natural Gas, Forced Air
Electric Water Heater
On Street, Paved, Parking Lot

Building Details

Building Size 22,000 SF
Year Built 1962
Listing Agency: Commonwealth Real Estate LLC
Listed By: John M Chiarelli
Source: Evrealestate
Added: Sep 13 Changed: Oct 30 Last Checked: Oct 30 at 3:10PM

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 Commonwealth Real Estate LLC

Rey
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Investment Insights

Based on property information with market context.

This storefront property was built in 1962 and includes central air, natural gas forced-air heating, and an electric water heater. Parking options include on-street spaces and a paved parking lot.

The property is at the intersection of Rt. 422 and Rt. 10 in Reading, Pennsylvania, and is zoned COM.

Key Highlights

  • Central air conditioning
  • Natural gas forced‑air heating
  • Electric water heater

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

NewCo Brands (Bike/Boat/Book/etc) Store Gipprich Jewelers Inc (Bike/Boat/Book/etc) Store InHome Oxygen & Medical ... Medical Supply Store One Point CD ... Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Spa & Massage Center Hair Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

550
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Reading, PA

$26.91 /SF/Yr
Avg Asking Price
$17–$45.92 /SF/Yr
Price Range
5,845 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - The space has natural gas forced-air heat and an electric water heater.
Where is this storefront property located?
The property is located at 103 LANCASTER AVENUE Reading, PA.
What is the lease rate?
The lease rate is $2,900/Mo.
What are key features of this property?
This property features: Central air conditioning; Natural gas forced‑air heating; Electric water heater
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