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    3209-R Oley Turnpike Road

    READING, PA 19606
    • $485,000
    • STATUS: Active
    • ON SITE: 195 days
    • ID#: PABK365030
    UPDATED: 80 min ago
    $485,000
    • 0
      BEDS
    • 2.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Information

    Middle School:
    High School:
    School District:

    Description

    Lots of potential for this 2+ Acre, 12,580 + sf building. Favorable zoning includes many uses permitted by right, including retail sales, personal or household services, restaurants, financial institutions with drive thru , professional offices, trade schools, studio, funeral home and any additional uses included in the R6 district. Property is made up of three parcels, two are designated C-10 zoning, the third is in the back and is zoned R4. Currently renting the 6200 sf space in the back to a long term tenant, there are three additional suites that may be rented once required Boro improvements are implemented. This can work as an owner occupied property or as a commercial multi tenant investment property. At $6/sf there is a potential gross income of $75,480! Centrally located near business 422, just down the street from Rt. 562 and easily accessible from all around. Included with the sale are all needed drawings to separate into four suites, showing the site development plan for parking requirements. The heavy lifting with zoning is done, bid the improvement work, and rent it out!

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | Keller Williams Legacy. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-04-17T23:51:53.39.
    www.baltimorehousehunters.com/homes/110680619
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    3209-R Oley Turnpike Road READING, PA 19606

    • Price: $485,000
    • Status: Active
    • Updated: 80 min ago
    • ID#: PABK365030
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.09
    Acres
    1950
    Built
    Neighborhood:
    St Lawrence Boro (10281)
    County:
    Berks
    Area:
    St Lawrence Boro (10281)
    Middle School:
    Exeter Township Junior
    High School:
    Exeter Township Senior
    School District:
    Exeter Township
    Property Description
    Lots of potential for this 2+ Acre, 12,580 + sf building. Favorable zoning includes many uses permitted by right, including retail sales, personal or household services, restaurants, financial institutions with drive thru , professional offices, trade schools, studio, funeral home and any additional uses included in the R6 district. Property is made up of three parcels, two are designated C-10 zoning, the third is in the back and is zoned R4. Currently renting the 6200 sf space in the back to a long term tenant, there are three additional suites that may be rented once required Boro improvements are implemented. This can work as an owner occupied property or as a commercial multi tenant investment property. At $6/sf there is a potential gross income of $75,480! Centrally located near business 422, just down the street from Rt. 562 and easily accessible from all around. Included with the sale are all needed drawings to separate into four suites, showing the site development plan for parking requirements. The heavy lifting with zoning is done, bid the improvement work, and rent it out!
    Exterior Features

    Construction Materials BlockCombinationConcreteMasonryMixed Plumbing Garage YN No Location Type Free Standing Lot Features Additional Lot(S)Backs - Open Common AreaBacks To TreesClearedIrregularInteriorPartly WoodedRear YardRoad FrontageRuralSlopingOther Parking Features Surface Parking Types DrivewayParking LotOther Property Condition Good Riparian Rights YN No Road Responsibility Boro/Township Road Surface Type Black TopPaved Roof Architectural ShinglePitched Soil Types Unknown View StreetOther Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 13455.00 Cooling Central A/C Exclusions Tenant Belongings Flooring Concrete Heating Forced AirHeat Pump - Gas Backup Heating YN Yes Net Square Feet 12580.00

    Property Features

    Acceptable Financing CashConventionalIndustrial Development Authority Accessibility Features None Assessment Year 2021 Association YN No Building Permits Unknown Business Type Funeral HomeGarden CenterHair Salon And SpaHealth ClubMedicalOther/General RetailProfessionalRestaurant/BarWarehouseOther Central Air YN Yes Cooling Fuel Electric Cross Street Bingaman St Electric 3 Phases Elevators 0 Entry Level 1 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Incorporated City Name St Lawrence Boro Internet Services Cable Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 3 Operating Expense Includes LandscapingPest ControlRepair/MaintenanceSewerSnow RemovalWater Original MLSNumber 304331616121 Owner Pays Accounting/LegalInsuranceLawn/Shrub CareRepairsSewerSewer MaintenanceTaxes - Real EstateWater Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days Cd61-90 Days Cd90-120 Days CdImmediateNegotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 6107.00 Tax Assessment Amount 125200.00 Tax Lot 8727 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 Mile Utilities Cable Tv AvailableElectric AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning C - 10 Zoning Description C - 10 Mixed Commercial Many Permitted Uses By RightSuch As RetailPersonal Or Household ServicesRestaurantFinancial inst

    Listing courtesy of Destination Realty Llc.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | Keller Williams Legacy. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-04-17T23:51:53.39.
     
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