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401 Walnut St

$1,250,000

401 Walnut St, Reading, Pa 19601

Active
Last Updated: 02/08/2025

11,000 sqft

Building Size

1880

Year Built

Details:
Building Size:    11,000 sqft
Year Built:    1880
Price Per Sqft:    $113.64
Zoning:    MIXED
Highlights:
  • Days on Market: 76
  • Heating: Baseboard - Electric
Description:

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!

Map:
Location
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