200 W Lancaster Ave

Reading, PA 19607

$1,250,000
Price
—
Beds
—
Baths
15,000 Sq. Ft.
$83 / Sq. Ft.
15,000
Sq. Ft.
$83
per Sq. Ft.
a front view of a building with balcony
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a view of a large building with a yard
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a view of an entryway with a table
a room with storage and utility
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a kitchen with stainless steel appliances granite countertop white cabinets and a stove top oven
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a bathroom with a sink toilet and shower
an empty room with windows
a kitchen with a wooden floor and white stainless steel appliances
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Description

15 unit building. This commercial property in the heart of downtown Shillington offers a prime investment opportunity with a level 0.3-acre lot. Built in 1910, the structure features a mix of durable materials including brick, concrete, and stucco, ensuring longevity and low maintenance. The property is in below-average condition, presenting a chance for value-add renovations that can significantly increase rental income or resale value. Strategically located less than 10 miles from the airport and...15 unit building. This commercial property in the heart of downtown Shillington offers a prime investment opportunity with a level 0.3-acre lot. Built in 1910, the structure features a mix of durable materials including brick, concrete, and stucco, ensuring longevity and low maintenance. The property is in below-average condition, presenting a chance for value-add renovations that can significantly increase rental income or resale value. Strategically located less than 10 miles from the airport and within a mile of public transportation, it boasts excellent accessibility, enhancing its appeal to potential tenants. Parking options include private garages and surface lots, catering to various business needs. Investors can capitalize on the growing demand for commercial spaces in urban settings, with the potential for strong returns through strategic improvements and leasing. This property is a solid addition to any investment portfolio, offering both immediate and long-term financial benefits. CLEAN Phase I enviromental assessment report
  1. Listed by Robert Savory • Destination Realty LLC
    P: (215)-783-6721 bertskiis@msn.com

Property Details for 200 West Lancaster Avenue

Tax ID Number
77-4395-07-58-7599
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
Yes
Municipality
SHILLINGTON BORO
Total Parking Spaces
23
LISTING UPDATED: 01/09/2026 07:57 AM

Property Details for 200 West Lancaster Avenue

StatusActive
MLS #PABK2067046
Days on Market34
Taxes$7,549 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1910
Lot Size0.30 AC / 13,068 SF
CountyBerks County

Location

Listing Courtesy of Destination Realty LLC
Add your commute

Building Information for 200 West Lancaster Avenue

Stories-Residences4Year Built1910Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$6,721 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,092

Property Taxes

$629

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 200 West Lancaster Avenue

Location
Location
  • School District Name: GOVERNOR MIFFLIN
  • School District County ID: 300200397317
  • SchoolDistrictSource: Listing Agent
  • County: BERKS
  • MLS Area: Shillington Boro (10277)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $153,200
  • Year Assessed: 2025
  • County Tax: $1,381
  • City Town Tax: $1,094
  • Clean Green Assessed: No
  • Historic: No
  • Zoning: R2
  • Zoning Dscrp: Mixed use Commercial
  • School Tax: $5,074
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 15
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 1
  • Units Leased Count: 15
  • Number Of Units Vacant: 15
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
Financial Information
Financial Information
  • Gross Scheduled Income: $180,000
  • Income Includes: Apartment Rentals, Shop Rentals
  • Cap Rate: 25.00
  • Existing Lease Type: None
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 15,000.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Location Type: Urban
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Detached Garage, On Street, Parking Lot
  • Num of Detached Garage Spaces: 3
  • Total Garage Spaces: 3
  • Parking Lot - # of Spaces: 20
  • Garage Features: Other
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 200 West Lancaster Avenue

DateEvent & SourcePriceAppreciation
Jan 8, 2026

Listed (Active)

BRIGHT #PABK2067046

$1,250,000—
DateEvent & SourcePrice
01/08/2026

Listed (Active)

BRIGHT #PABK2067046

$1,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 200 West Lancaster Avenue

Taxable ValueLand$124,100Additions$29,100Total$153,200
Tax Record2025$2,475 ($206 / month)
Home Facts
Total Finished SqFt9,471 SqFtAbove Grade Finished SqFt9,471 SqFtStories4Lot Size13,068 SqFtStyleMulti-Family Res (5+ Units)Year Built1910CountyBERKSAPN77439507587599

Schools near 200 West Lancaster Avenue

This home is within Governor Mifflin School District.
Rating
School
Type
Grades
Distance
Cumru El School
Public - PK to 4
Intermediate School
Public - 5 to 6
Governor Mifflin Middle School
Public - 7 to 8
Governor Mifflin Senior High School
Public - 9 to 12
Rating
School
Distance
Cumru El School
PublicPK to 4

Intermediate School
Public5 to 6

Governor Mifflin Middle School
Public7 to 8

Governor Mifflin Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 200 West Lancaster Avenue, Reading, PA 19607

200 West Lancaster Avenue is a multi-family home for sale in Reading, PA 19607. This property was listed for sale on January 8, 2026 by Destination Realty LLC, it's currently listed at $1,250,000. This listing's school district is Governor Mifflin School District. Nearby schools include Cumru El School, Intermediate School and Governor Mifflin Middle School. 200 West Lancaster Avenue is a 0-bed, 0-bath, 15,000 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Destination Realty LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.