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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

100-128 Lancaster Ave Reading, PA 19611

3,392 SF 0.87 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Total area 3,392 SF
Lot 0.87 ac (37,897 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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