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 $1,500 with all serious offers. Seller willing to lock in the lease amount at 5 years.
This property is an excellent investment opportunity with multiple streams of income.
Dont miss out on this opportunity! Contact us today to schedule a private showing.
Presented By: Daryl Tillman Realty Group
Interior Features for 851 Penn Street
Other Interior Features
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 851 Penn Street
Accessibility2+ Access Exits, 32 + wide Doors
Business TypeRestaurant/Bar, Apartment Building
CityREADING
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Ductless/Mini-Split
CountyBERKS
Current UseBar, Restaurant, Apartments
DirectionsFrom 422, take 422 BUS E Exit. Continue on Penn Ave. Destination is on left
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