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Foreclosure
    • $1,200,000

    200 Lancaster Ave, Reading, PA 19607

    7beds
    --baths
    15,000sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $80/sqft
    $-- HOA

    What's special

    Back on the market due to buyer financing falling through. 15 UNIT BUILDING. This commercial property in the heart of downtown Shillington offers a prime investment opportunity with a level 0.3-acre lot. Built in 1910, the structure features a mix of durable materials including brick, concrete, and stucco, ensuring longevity and low maintenance. The property is in below-average condition, presenting a chance for value-add renovations that can significantly increase rental income or resale value. Strategically located less than 10 miles from the airport and within a mile of public transportation, it boasts excellent accessibility, enhancing its appeal to potential tenants. Parking options include private garages and surface lots, catering to various business needs. Investors can capitalize on the growing demand for commercial spaces in urban settings, with the potential for strong returns through strategic improvements and leasing. This property is a solid addition to any investment portfolio, offering both immediate and long-term financial benefits. CLEAN Phase I enviromental assessment report
    264 days
    428
    16

    Zillow last checked:

    Listing updated:

    Listed by:

    Bert Savory 215-783-6721,

    Destination Realty LLC 6107433310

    Source: Bright MLS,MLS#: PABK2067046MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      Heating
      • Hot Water, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 15,000
      • Total interior livable area: 15,000 sqft

      Property

      Parking
      • Total spaces: 23
      • Parking features: Other, Detached, On Street, Parking Lot
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 0.3 Acres
      • Features: Urban
      Details
      • Additional structures: Above Grade
      • Parcel number: 77439507587599
      • Zoning: R2
      • Zoning description: Mixed use Commercial
      • Special conditions: Real Estate Owned

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Block, Brick, Masonry, Stucco, Frame
      • Foundation: Block, Brick/Mortar, Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Reading
      • Municipality: SHILLINGTON BORO

      Financial & listing details

      • Price per square foot: $80/sqft
      • Tax assessed value: $153,200
      • Annual tax amount: $7,549
      • Date on market: 1/8/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,Private Financing Available
      • Ownership: Fee Simple
      • Income includes: Apartment Rentals, Shop Rentals

        Foreclosure details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,752/mo

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 19607

        Getting around

        62 / 100
        Somewhat Walkable
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Governor Mifflin

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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