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121 W Main St, Kutztown, PA – $365,000

August 14, 2010 by Joe Leone · Leave a Comment 

Sold 8-17 – 2010.  I represented the Buyer in this transaction.    Student housing rental. Currently rented for eight students for the 2010-2011 school year, $3000 a student per semester.

Land & Building

101 E Lafayette St, Norristown, PA – $225,000

August 14, 2010 by Joe Leone · Leave a Comment 

Sold 8-5-10.  8,000 SF warehouse.  Buyer was casually looking for a warehouse close to King of Prussia, PA.  Seller usually does not sell properties.

I had both sides of this transaction.

Land & Building

328 PennAve, West Reading, PA – $624,000

July 23, 2010 by Joe Leone · Leave a Comment 

Rare 11 Unit Multi-family building in West Reading Boro.  All Units are leased.  9 One bedroom apartments, 1 Two Bedroom Apartment & 1 Warehouse/shop space. Additional Coin operated laundry income.  Excellent Investment Opportunity.  Centrally located in the West Reading Penn Corridor Shopping District. Walking distance to Restaurants, Shopping and other amenities. Minutes to Reading Hospital, Vanity Fair Outlet Mall, Sovereign Center.  Public Transportation Available.

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Land & Building

1400 Easton Rd, Kintnersville, PA – $375,000

July 21, 2010 by Joe Leone · Leave a Comment 

5100 Sf Mixed Use Commercial Property in Durham Twp on busy Route 611.  Three commercial storefronts on first floor.  Storefront #1 consists of 1885 sf with Roll Up side door and formally used as antique store.  Storefront #2 Consists of 600 sf currently vacant, Storefront #3 consists of 560 sf and is vacant.  Second Floor consists of 1800 sf  3 BR apartment.  Zoned PC-1.  AS of Right Uses include Restaurant, Retail, Service Business, Financial Establishment, Veterinary Clinic, Auto Repair, Car Wash, Offices, Medical Offices, Motel / Hotel, Community Center, Commercial School, Manufacturing, Wholesale Business, Truck Terminal, Auto Sales & Nursery.  Conditional Uses include Kennel, Mini Market, Amusement Hall, and Professional Studios.  Special Exception Uses include Tavern & Adult Commercial Use.  Located on Route 611 (Easton Rd) Property is adjacent to Delaware River Canal.  Triangular shaped Site.  Parcel is in 100 Year Flood Plain.  Close to Routes 212, 412, I-78

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Land & Building

523 Muhlenberg St, Reading PA – $299,000

June 16, 2010 by Joe Leone · Leave a Comment 

Unique property in C-3 zoning district of Muhlenberg Twp.  Two buildings on 60sf X 170sf lot.  Building one consists of a 2880 sf (30 X 96) warehouse with 12 ft doors, 2 offices and full bath. Building is currently used as a sign Company.  Building 2 consists of a 1200 sf 2 bedroom 1.5 Bath 2 story semi detached Residence.  Residence is currently rented for $775/mo.  C-3 zoning permits the following uses AS OF RIGHT – Single Family Residence, Retail Business, Business & Professional Offices, Restaurant, Tavern, Club, Lodge, Personal Service Funeral  Home & Equipment Rental Business.  Special exception Uses include Child / Adult Day Care Center, Auto Service Station, Educational Uses, Religious Uses, Veterinary Hospital an Animal Clinic.  Site is centrally located near Route 222 (5th St Hwy), Rte 61, Rte 12 and Rte 422.  Neighbors include of Lowes, BJ’s Wholesale Club, Boscov’s, JCPenney and Fairgrounds Mall.

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Land & Building

3011 Limekiln Rd, Birdsboro, PA – $995,000

June 8, 2010 by Joe Leone · Leave a Comment 

+/- 12 Acre site in Amity Township zoned Highway Commercial.  AS OF RIGHT USES include Restaurants, Retail Business, Professional Offices, Self Storage, Church and Funeral Home.  Uses permitted by Special Exception include Automatic Car Wash, Auto Sales, Auto Service Station, Hotel / Motel, Nursing Home, Retirement Home, Nursery School, School, Day Care Center and various Recreational Uses.  Property is being sold with 5 EDU’s.  Property has an existing ranch style home and detached 1 car garage that are presently rented.  Public sewer is available.  Property located just off Ben Franklin Highway.

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Land & Building

280 W Ridge Pike, Royersford, PA – $749,900

May 19, 2010 by Joe Leone · Leave a Comment 

6.14 Acre Development site zoned Village Commercial  with 155 ft of frontage on West Ridge Pike.  AS OF RIGHT USES include Townhouse Development , Multi-Family Conversion, Mixed Use Development, Business & Professional Offices, Day Care Center, Group Home, Education &  Religious institutions, Personal Service shops, Specialized retail, General Retail, Bank, Restaurant, Tavern, Funeral Home, Clubs, Fraternal Organizations, Outdoor Amusements, Bed & Breakfast.  Present parcel configuration consists of  2 buildings. Building 1 (Approx 3600sf) presently rented as residential .  Building 2 (Approx 700sf ) presently leased as dog grooming salon.  Site is located across the street from Waltz  Golf Center.   Near Philadelphia Outlet Mall.  Centrally located, minutes to Route 422 and Route 100.  Public sewer with on –site water.  Public water available on street.  Seller financing may be available to qualified buyer.  Seller will consider build to suit or ground lease.

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Land & Building

903 Morgantown Rd Reading PA – $759,000

May 16, 2010 by Joe Leone · Leave a Comment 

Tremendous opportunity to purchase historic Alpenhof Restaurant & Bed & Breakfast.  Two businesses operate out of this location. First Business – Restaurant includes full service kitchen with 7 public rooms consisting of 2 dining rooms (seats 100), private party room (allows for smoking – seats 50), gift shop, bar area, Beer Garden (seats  60) & Outdoor Balcony (with seating).  Second Business-  Bed & Breakfast located on 2nd & 3rd floors includes 6 guest rooms with private full baths and most have private balconies.  Modern common area kitchen for overnight guests and long term tenants.  Large 3 bedroom apartment on 3rd floor.  Upper floors have central air.  Other amenities include full basement, private parking for 40+ cars in  upper and lower parking lots. Also includes 3,000sf 2 story barn with 4 car garage. Liquor License available at additional cost.  Owner will consider creative options such as Lease to Purchase.   Restaurant also available for lease see MLS 571560.

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Land & Building

101 Ben Franklin Highway, Birdsboro, PA – $725,000

May 12, 2010 by Joe Leone · Leave a Comment 

SOLD 8/30/2010    9.83 Acres in center island between East & West Lanes of Ben Franklin Highway . Frontage on Eastbound Lane (675ft, Westbound Lane(495 ft) and Monocacy Hill Rd (170 ft).  Property is equidistant to Douglassville and Reading, PA. 3000 sf warehouse with Roll up door and office is included in sale Zoned HC (Highway Commercial).  AS OF RIGHT USES include Restaurants, Retail Business, Self Storage Units, Church, Funeral Home & Professional Offices.  Conditional uses include Adult Business.  Special Exception uses include Automatic Car Wash, Automobile Sales, Automobile Service Station, Hotel, Nursing Home, Retirement Home, Nursery School. Property also fronts  The 422 corridor has experienced rapid growth and development over the last several years.  Owner will consider ground lease of part or all of the 10 acres.

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Land & Building

1402 N 9th St, Reading, PA – $925,000

May 10, 2010 by Joe Leone · Leave a Comment 

2.05 Acre Development site Zoned M-C.  AS OF RIGHT uses include restaurants, retail & wholesale sales, supermarket, warehouse & storage facilities, cell towers, light manufacturing, business offices,  banks, convenience stores with fuel pumps, lumber yard.  Conditional uses include Taverns, bars, pubs & entertainment.  Special exception uses include day care centers .  CURRENT USE AS NIGHT CLUB is grandfathered.  Club occupancy is 925 patrons in main hall and 250 in outside bar.  Parking for over 200 cars.  Building features new sprinkler system and 60 ton A/C. Property frontage is at a signalized intersection. BARTA (public transportation)bus stop is on the corner.  9th street is a Snow Emergency Route.  Price does not include liquor license, furniture & fixtures which will be sold separately.

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