1530 New Holland Rd Reading, PA 19607

Property Details for 1530 New Holland Rd

Year built

1890

Lot size

0.23 lot acres

Property size

2,500 SF

Property type

Commercial real estate

Description

This exceptional three-unit mixed-use building at 1530 New Holland Road, Reading, PA, presents a compelling opportunity for owner-occupancy or investment. The 2,500 square foot all-brick structure sits on a 0.38-acre lot, including a separate 0.15-acre parcel with a paved 12-car parking lot. The combined annual property taxes for both parcels total $6705. The main floor currently houses a recently vacated hair salon and Clem's Lock and Key, a long-established locksmith business operating for decades in the Berks County area (current owner for 18 years). Each has its own entrance and bathroom. While the sale doesn't include the businesses, the owner is open to discussing their sale separately. The second floor features a well-appointed two-bedroom apartment with a modern kitchen and updated bathroom, previously rented for $1,650 per month and currently owner-occupied. This apartment boasts its own natural gas heating, central air conditioning, and individual electric service. The first-floor units also benefit from natural gas heating, central air conditioning, and individual electric service. A full basement, extending the length of the building, provides ample storage space and access to both first-floor units. The property enjoys excellent visibility due to high drive-by traffic, making it an ideal location for a variety of commercial ventures. The asking price is $450,000.