Excellent mixed-use investment opportunity in the City of Reading.523 Bingaman Street offers a unique combination of commercial and residential space, creating flexibility for an owner-user, investor, or entrepreneur looking for a property with multiple possibilities.The first floor offers substantial commercial space with strong street presence and an established layout that may accommodate a variety of potential uses, subject to buyer verification and any required approvals. The residential portion of the property extends through the rear and upper levels and includes three bedrooms, a living room, dining room, kitchen, and balcony.This layout creates several attractive options. A buyer may choose to operate a business on the first floor and live in the residential portion, or use the residential space as a potential rental while operating or leasing the commercial area.The property has maintained a presence within the community for more than 20 years and currently has the permits and approvals required for its present use.Located in a convenient and established area of Reading, this property offers visibility, versatility, and the potential to support different business concepts depending on the buyer's plans.Buyer is responsible for independently verifying zoning, permitted uses, licensing requirements, occupancy requirements, rental regulations, measurements, and any proposed future use with the City of Reading and all applicable governmental authorities.Motivated seller. Now offered at $329,999, this property presents a strong opportunity for an owner-user or investor ready to take advantage of its commercial and residential potential.Contact the listing agent for additional information or to schedule a private showing.
| MLS # | PABK2074392 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 116 |
| Listing Provided By | Realty One Group Alliance | Francis G Acosta |
| Basement | Y |
|---|---|
| Units | 1 |
| Zoning | MIX USE |
| Acreage | 0.03 |
| Cooling | Wall Unit |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
| Construction Materials | Brick |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 1962 |
|---|
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19602 |
| Area | Reading City (10201) |
| School District | READING |
| High School | READING SENIOR |
| Listing VS Median (in 19602) | |
Price: $329,999 low | high Med: $150,000 On site: 116 low | high Med: 10 | |
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19602 |
| Area | Reading City (10201) |
| School District | READING |
| High School | READING SENIOR |
| Listing VS Median (in 19602) | |
Price: $329,999 low | high Med: $150,000 On site: 116 low | high Med: 10 | |
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