Tom Poss
Office: 301.698.3232
Cell: 301.514.3900
401 Walnut St, READING
$1,250,000
0 Beds
0 Baths
11,000 Sqft
.11 Acres
0 Garages
Prime Commercial Investment Opportunity in Reading City
This is a fantastic addition to any investment portfolio! Located in the heart of Reading City, this
versatile 3-building corner property offers significant potential. The asset includes 12 residential
units, 1 commercial space currently operating as a Bodega, and a spacious storage unit that was
previously a Laundromat.
Tenants cover electric, heat, and hot water, ensuring strong returns for the owner. The storage
unit, once a Laundromat, retains its own separate water meter. The landlord is responsible for
water, sewer, property taxes, and trash removal.
While the property requires some TLC, it offers great upside potential for the right investor.
Showings are available to qualified buyers only, ensuring a smooth and efficient transaction.
This property presents a rare combination of residential, commercial, and storage spaces in a
prime location—don’t miss out on this exceptional investment opportunity!
Essential Information
MLS® #PABK2051418
Price$1,250,000
Bathrooms0.00
Square Footage11,000
Acres0.11
Year Built1880
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address401 Walnut St
AreaReading City (10201)
SubdivisionREADING
CityREADING
CountyBERKS-PA
StatePA
MunicipalityREADING CITY
Zip Code19601
Interior
HeatingBaseboard - Electric
CoolingNone
School Information
DistrictREADING
Additional Information
ZoningMIXED
Listing Details
OfficePagoda Realty
Office Contact6109857700
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Listing information last updated on February 4th, 2025 at 9:30pm EST.
