19 N 9 Th St , Reading City is a $600,000 home on a 0.05 acre lot located in Reading, PA.
Introducing a prime mixed-unit commercial property opportunity that combines business potential and residential convenience in one package. This listing encompasses two parcels, offering a unique blend of features to cater to both investors and entrepreneurs alike. Situated on a bustling corner lot with heavy consumer traffic, this property offers unparalleled visibility and accessibility for your commercial endeavors. The highlight of this offering is the turnkey laundromat business, strategically located on the first floor of the building. This established operation boasts 15 washers and 18 dryers, all leased and backed by worry-free maintenance coverage. The laundromat is fully equipped with essential amenities, including an office space, a dedicated folding station, and a convenient half bathroom. Vending machines, an ATM, and a change machine add to the convenience and revenue potential. Highest and Best by Thursday 10/05/2023 by 5PM To the left of the laundromat business, there is a private entrance leading to two well-appointed apartments on the second and third floors. These apartments feature a total of 3 bedrooms and 1 bathroom each, making them ideal for long-term rental income or other creative uses. Additionally, a separate private entrance to the right offers a 2 bedroom apartment with 1 bathroom, further enhancing the property's income potential. All utilities are separately metered and have been updated, ensuring efficiency and cost control for both the commercial and residential spaces. A brand-new roof was just recently installed. There are numerous opportunities for the new owner to increase profitability from the laundromat business, capitalize on the 7 off-street parking spots, and optimize the residential portion for maximum income potential. The basement provides ample storage space, further enhancing the property's functionality. The owner used to have Pennsylvania Skill games and U-Haul rentals on site. The property is being sold As-Is. For more information and to schedule a showing, please contact the listing agent. Don't miss out on this opportunity to own this profitable venture!
| Appliances | Hot Water - Electric |
| Interior Features | Accessibility Features - None Other Equipment - Negotiable |
| Cooling Types | None Cooling Fuel - None |
| Heating Types | Heating Fuel - Electric Heating - Yes |
| # Parking Spaces | 7 |
| Parking Types | Private Parking Type - Lot Paved Parking Parking Type - Other |
| Exterior Features | Security Features - Exterior Cameras Owner Pays - Other Owner Pays - Insurance Owner Pays - Electricity Owner Pays - Gas Owner Pays - Common Area Maintenance Owner Pays - Sewer Owner Pays - Trash Collection Utilities - Natural Gas Available Utilities - Electric Available Operating Expense Includes - Insurance Operating Expense Includes - Trash Income Includes - Apartment Rentals Income Includes - Laundry Income Includes - Other |
| Construction Types | Brick |
| Land Type | Lot Features - Additional Lot(s) Lot Features - Corner |
| Water Source | Owner Pays - Water Utilities - Water Available Public |
| Sewer | Public Sewer Utilities - Sewer Available |
| Attribution Contact | (215) 860-4200 |
| Property Type | Commercial Sale |
| Property Sub Type | Mixed Use |
| Style | Business Type - Apartment Building Business Type - Other Standard Fee Simple Grocery/Supermarket Hobby |
| Year Built | 1900 |
| HOA Fee | $0.00 |
| Condo Fee | $0.00 |
| Taxes | $2,383.00 |
| County | berks |
| School District | reading |
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