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Dashboard
- $900k Price
- 1,900 Sqft
- ½ Acres
- 68 DOM
851 Penn St
Welcome to 851 Penn Street, a prime investment opportunity in the heart of Reading, PA! This highly profitable, mixed-use property features two units: one residential apartment and one successful commercial space, currently operating as a restaurant and bar. Located just one block from the Santander Arena, this building offers plentiful foot traffic, making it an attractive location for both residents and businesses. The residential unit is a three bedroom one bath, cozy apartment. The ground floor features an Italian restaurant. Included with this sale is the Italian Garden, Six Pack Outlet with Liquor License, DJ equipment and pool table. The building located at 853 Penn Street, for the Italian Garden Six Pack Outlet is not included in this sale. Lease amount for 853 Penn Street is negotiable with all serious offers. This property is an excellent investment opportunity with multiple streams of income. Don’t miss out on this opportunity! Contact us today to schedule a private showing.
Essential Information
- MLS® #PABK2051000
- Price$900,000
- Bathrooms0.00
- Square Footage1,900
- Acres0.05
- Year Built1912
- TypeCommercial Sale
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address851 Penn St
- AreaReading City (10201)
- CityREADING
- CountyBERKS-PA
- StatePA
- MunicipalityREADING CITY
- Zip Code19601
Interior
- HeatingHot Water
Cooling
Central A/C, Ductless/Mini-Split
Exterior
- ExteriorBrick and Siding
School Information
- DistrictREADING
Additional Information
- Date ListedNovember 14th, 2024
- Days on Market68
- ZoningCOMMERCIAL
Listing Details
- OfficeDaryl Tillman Realty Group
- Office Contact6109850224
Price Change History for 851 Penn St, READING, PA (MLS® #PABK2051000)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $900,000 | $200,000 (18.18%) | |
| Price Reduced (from $1,260,000) | $1,100,000 | $160,000 (12.70%) |
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Listing information last updated on January 20th, 2025 at 6:45pm CST.