311 Mulberry St Reading, PA 19604

Property Details for 311 Mulberry St

Year built

1900

Lot size

0.03 lot acres

Property size

1,347 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a fully rented commercial property located at 311 Mulberry Street in Reading, Pennsylvania. The property encompasses 1,347 square feet and sits on a 0.03-acre lot. The property's key feature is its dual-purpose functionality, combining income generation with versatile space. Two spacious garages provide ample storage and workspace, while two additional storage units generate consistent rental income. One of the garages uniquely includes a second-floor loft, offering approximately 500 square feet of adaptable space. This loft area is ideal for a variety of uses, including additional storage, a small office, or a creative workspace. The property's location in a high-demand area of Reading ensures strong tenant occupancy and potential for future rental increases. The well-maintained condition of the building minimizes immediate maintenance needs, maximizing the return on investment. This property is perfectly suited for contractors, businesses requiring substantial storage, or savvy investors seeking a reliable income stream with significant upside potential. The asking price is $62,500. This is a rare opportunity to acquire a profitable, versatile commercial property in a desirable location.