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1635 Centre Ave

$2,790,000

1635 Centre Ave, Reading, Pa 19601

Active
Last Updated: 02/12/2025

9.8

Cap Rate

273,203

NOI

Details:
Cap Rate:    9.8%
NOI:    $273,203
Building Size:    12,272 sqft
Year Built:    1900
Price Per Sqft:    $227.35
Zoning:    R-3
Highlights:
  • Days on Market: 405
  • Parking Features: Paved Parking, Handicap Parking, Private
  • Heating: Forced Air
Description:

The In Town Motel offers 5 commercial units on the 1st floor consisting of a tattoo parlor, barber shop, laundromat, restaurant & notary. There are also 17 room rentals with restrooms in each, and a private parking lot with 27 spaces. Included in the sale of the property is the owner's laundromat.

Map:
Location
Gallery