1261 Reading Rd, Denver, PA, 17517

REAL ESTATE CONSISTS OF A WOOD-SIDED DWELLING, BUILT IN APPROX 1890, CONTAINING A FIRST FLOOR COMMERCIAL UNIT AND TWO RESIDENTIAL APARTMENTS. PROPERTY IS ZONED NEIGHBORHOOD COMMERCIAL WHICH PROVIDES FOR A WIDE VARIETY OF POTENTIAL USES! UNIT #1 – FIRST FLOOR – APPROX. 1,650 SQ. FT. COMMERCIAL / RETAIL UNIT CONSISTING OF MOSTLY OPEN SPACE. (ONCE A CIGAR FACTORY, PREVIOUSLY AN ANTIQUE STORE). THERE IS A KITCHENETTE AS WELL AS A HALF BATH. MAIN FRONT ENTRANCE AS WELL AS A LOADING DOCK IN THE REAR. HAND OPERATED FREIGHT ELEVATOR. FULL BASEMENT. OIL HOT WATER HEAT. UNIT #2 – 2ND FLOOR – 2 BEDROOM, 1 BATHROOM RESIDENTIAL APARTMENT. OIL HOT WATER HEAT (SAME FURNACE THAT SERVES FIRST FLOOR). UNIT #3 – 3RD FLOOR – 3 BEDROOM / 1.5 BATH RESIDENTIAL APARTMENT WITH LAUNDRY. PROPANE HEAT. SITUATED ON A 0.27 (+/-) ACRE LOT, THERE IS PARKING IN THE REAR FOR APPROXIMATELY 8 VEHICLES. THIS BUILDING FEATURES NEARLY 5,000 SQ. FT., AND IMMENSE POTENTIAL THROUGHOUT. THIS IS A FANTASTIC INVESTMENT OPPORTUNITY, AND THE SELLER IS MOTIVATED TO SELL. YOU WON’T WANT TO MISS THIS AUCTION! LIVE Auction conducted by Pannebecker and Wolf Auctioneers Inc., to be held Saturday, November 12th, 2022 @ 11:00AM at the Property Address. This Property is Being Sold WITH RESERVE, and the List Price is for Reference ONLY. The Final Sales Price – Contingent Upon Seller Confirmation on Day of Auction – Could be Higher, or Lower, than the ‘Publicized List Price’. All Announcements Day of Sale Take Precedence Over Prior Advertisements. 10% Down Day of Sale. Transfer Taxes to be Paid by Purchaser. Property Being Sold AS-IS.