529 Chestnut St Reading, PA 19611
- Retail properties
- 2,500 SF
Current Use by Public Records
- Retail properties
Property Details for 529 Chestnut St
- Year built
- 1910
- Property size
- 2,500 SF
- Property type
- Retail properties
- Property subtype
- Freestanding property
Description
This exceptional West Reading investment presents a rare opportunity to acquire a combined retail and residential property. The main offering is a 2,500 square foot free-standing retail building situated at 529 Chestnut Street, in Berks County, Pennsylvania. Originally constructed in 1910, this building boasts a rich history, having served as a successful catering business for over three decades. Its substantial size and prime location within a thriving commercial area make it ideal for a variety of retail ventures. The property's strong bones and established history offer a solid foundation for future success. Adding significant value to this investment is a separate, attached 2,500 square foot townhome. This three-bedroom, one-and-a-half-bathroom residence provides additional income potential through rental or owner occupancy. The combined property offers a unique blend of commercial and residential uses, presenting a compelling investment opportunity with significant upside potential. The asking price for this combined property is $450,000. Located in the 19611 zip code, this property benefits from excellent visibility and accessibility, making it an attractive proposition for both investors and entrepreneurs. The property's location in West Reading, PA offers a vibrant and growing market, ensuring a strong potential for return on investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9434
- Latitude
- 40.3266
