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538 FRANKLIN ST
READING, PA 19602

$45,500
Sold 12/29/2017
Commercial
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Excellent business opportunity! 2 commercial units. Turn-Key fully functional restaurant previously operated as Michelle's Place located in a convenient down town Reading location only 1 block off of Penn Street. The restaurant has been recently renovated and includes all of the stainless steel equipment and all other equipment present on the property. The business name Michelle's Place IS NOT INCLUDED. The restaurant operates on the 1st floor. The 2nd unit is on the 2nd floor and is in need of finishing but provides clean canvas for a variety of commercial uses. Approximate measurements are around 50x20 for each unit. Gas heat, gas hot water and gas cooking. This is a phenomenal deal for a commercial property in such good condition!

Property Details
  • Reading
    school district
  • $980.00
    taxes
  • 1903
    built
  • 2
    stories
  • 6651477
    MLS#
Tile flooring
School district: Reading
On street parking
Brick exterior
Lot acreage is: 0.03
Lot dimension is: IRREG
Level lot
Subdivision: NONE AVAILABLE
Lot zoned: C-C
Public sewer
Public water
Units in building(s): 2
Property style: 1
Tax year: 2017
Courtesy of:
RE/MAX Of Reading

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  • Average sale price $71,467
Address Distance Sale date Sale price
538 FRANKLIN ST 0 mi. 12/29/2017 $45,500
30 N 6TH ST 0.21 mi. 9/7/2017 $69,000
729-731 WASHINGTON ST 0.31 mi. 5/12/2016 $79,500
259 S 10TH ST 0.48 mi. 12/22/2017 $79,900
534 MINOR ST 0.48 mi. 2/8/2018 $79,900
540 CENTRE AVE 0.77 mi. 1/3/2017 $75,000
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{"markerType": "Sold", "lat": "40.32656", "lng": "-75.92542", "Address": "534 MINOR ST", "City": "READING", "StateProv": "PA", "ZipCode": "19602"}
{"markerType": "Sold", "lat": "40.3444", "lng": "-75.92939", "Address": "540 CENTRE AVE", "City": "READING", "StateProv": "PA", "ZipCode": "19601"}
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538 FRANKLIN ST, READING, PA 19602 commercial was sold for $45,500.
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Data last updated: 4/20/2018.
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