Prime Investment Opportunity - 1101 Chestnut St, Reading, PA 19602. Unlock the potential of this versatile mixed-use commercial property located in the heart of Reading! Positioned on a high-visibility corner lot, 1101 Chestnut Street offers immediate income potential and long-term growthan ideal opportunity for investors or owner-occupants. First Floor -Commercial Space (Vacant): Spacious and flexible layout, perfect for retail, office, or a service-based business. Features excellent street exposure and high foot traffic, making it an ideal spot for entrepreneurs looking to launch or expand. Second Floor Unit 1: 1 Bedroom, 1 Bathroom - A well-designed layout offering comfort and privacy. Unit 2: Studio Apartment - Cozy and efficient, perfect for a single tenant. Unit 3: 3 Bedrooms, 1 Bathroom - Spacious and versatile, ideal for small families or shared living. Each residential unit has a separate entrance, enhancing convenience and privacy for tenants. With a mix of residential rental income and a vacant commercial space ready for occupancy or leasing, this property delivers solid cash flow potential and flexibility. Don’t miss your chance to own a multi-use building in a growing areaschedule your private showing today!
MLS# | PABK2055982 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | ACTIVE-BRIGHT |
Year | 1900 |
Days On Site | 3 |
Listing Provided By | Coldwell Banker Realty | Nehemiah J Lindo |
Units | 3 |
---|---|
Zoning | COMM |
Acreage | 0.05 |
Water Front | Yes |
State | PA |
---|---|
County | BERKS PA |
City | READING |
Zip Code | 19602 |
Area | Reading City (10201) |
School District | READING |
Listing VS Median (In 19602) | |
Price: $475,000 low | high Med: $140,000 On site: 3 low | high Med: 15.500000 |