Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    100-128 Lancaster Ave Reading, PA 19611

    Sponsored
    For Sale
    Contact for pricing

    Three remodeled retail buildings

    Property size:
    3,392 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity comprises three freestanding retail buildings located in high-traffic areas of Reading, York, and Erie, Pennsylvania. Each property boasts ample parking and excellent visibility, previously operating as licensed cannabis dispensaries (licenses not included). The buildings, ranging from 3,392 to 4,550 square feet, sit on lots ranging from 0.87 to 1.06 acres. Recent renovations make them immediately suitable for various retail or restaurant uses. Zoning permits include Commercial Core (Reading), Mixed Use (York), and Commercial (Erie). The properties offer a unique chance to acquire established, well-maintained retail spaces in thriving Pennsylvania communities. Their previous use as cannabis dispensaries provides a strong foundation for future tenants, while the flexible zoning allows for a wide range of commercial applications. This portfolio presents a compelling investment opportunity for those seeking high-visibility retail locations with significant upside potential. The addresses are 100-128 Lancaster Avenue, Reading, PA 19611; 100 Memory Ln, York, PA 17402; and 2178 W 38th St, Erie, PA 16508.

    Property Features for 100-128 Lancaster Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,392 SF
    Lot Size
    37,897 SF

    HighLights

    • Three freestanding retail buildings in Pennsylvania, previously licensed as cannabis dispensaries (licenses not included).
    • Buildings feature ample parking, high visibility, and strong traffic counts.
    • Recently remodeled facilities.
    • Suitable for various retail or restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9335603
    Latitude
    40.323195

    Nearby Similar for Sale

    • $2,500,000
      0.28 Acres

      Downtown Reading Professional Office Building

      68,000+/- SF office building in downtown Reading, PA.
      19 N 6Th St, Reading, PA 19601
      View Details
    • $674,900
      2,783 SF

      Restaurant, Tavern, and Residential Property

      Established restaurant, tavern, residential home, and workshop with revenue potential.
      2201 Perkiomen Ave, Reading, PA 19606
      View Details
    • $395,000
      4,210 SF

      Historic Victorian Multifamily Residence

      Grand historic residence in Reading's Callowhill Historic District.
      226 S 5Th St, Reading, PA 19602
      View Details
    • New
      $314,900
      3,000 SF

      Well-Maintained Multi-Unit Property in Reading

      Turnkey triplex in Reading, PA with strong rental history.
      532 Washington St, Reading, PA 19601
      View Details
    • New
      $250,000
      1,265 SF

      Craftsman Multi-Family in West Lawn

      Two-unit property in Wilson School District, West Lawn, PA.
      607 Lawn Ave, West Lawn, PA 19609
      View Details
    • $324,900
      0.14 Acres

      Office Building in West Reading

      Office building with detached garage in West Reading business district.
      612 Reading Ave, Reading, PA 19611
      View Details
    • $285,000
      1,359 SF

      Charming Turnkey Income-Ready Multi-Family

      Well-maintained 2-unit property, ideal for investors or owner-occupants.
      645 N 10Th St, Reading, PA 19604
      View Details
    • $275,000
      2,670 SF

      Mixed-Use Commercial Property with Apartment

      Three-story commercial property with apartment and endless potential.
      1262 Church St, Reading, PA 19601
      View Details
    • $475,000
      3,800 SF

      Reading Mixed-Use Investment Opportunity

      Renovated mixed-use property with commercial and residential units.
      731 Washington St, Reading, PA 19601
      View Details
    • New
      $289,900
      2,540 SF

      Reading Triplex with Parking

      Triplex in Reading, PA with off-street parking.
      321 N 6Th St, Reading, PA 19601
      View Details
    • $950,000
      6,500 SF

      Mixed-Use Property Facing City Park

      Four-unit mixed-use property in high-traffic location across from park.
      1049 Penn St, Reading, PA 19601
      View Details
    • $260,000
      2,158 SF

      Remodeled Duplex with Off-Street Parking

      Reading duplex with seven bedrooms, remodeled in 2025, includes parking.
      21 S 3Rd St, Reading, PA 19602
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Three remodeled retail buildings
    Where is this multifamily property located?
    The property is located at 100-128 Lancaster Ave Reading, PA.
    What are key features of this property?
    This property features: Three freestanding retail buildings in Pennsylvania, previously licensed as cannabis dispensaries (licenses not included).; Buildings feature ample parking, high visibility, and strong traffic counts.; Recently remodeled facilities.
    Request Owner's contact information
    100-128 Lancaster Ave Reading, PA 19611
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100-128 Lancaster Ave
    Reading, PA 19611
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    100-128 Lancaster Ave Reading, PA 19611
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.