Last Updated: 2/26/2017 12:36 AM
Description for 538 Franklin Street Reading, PA 19602
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!
Gas Water Heater, Public Water Service
Public Sewer, Sewer Available
Electric service available, Telephone
Exterior / Lot Features
Current market conditions for 538 Franklin Street
Active Market Trends
Median list price$99,900
Days on market113
Properties for sale668
Sold Market Trends
Median sold price$120,000
Sales to list price9,537.0%
Median sq ft price$78
Arrows indicate 90 day trend
Listing Price History for 538 Franklin Street
Reading Real Estate
Reading is located in Pennsylvania. Reading, Pennsylvania 19602 has a population of 87,926.
The median household income in Reading, Pennsylvania 19602 is $27,206. The median household income for the surrounding county is $55,021 compared to the national median of $53,046. The median age of people living in Reading 19602 is 29.5 years.
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