• 3 views

Please see additional exteriors pictures added on 2/21. This truly unique commercial property offers an incredible opportunity for investors, entrepreneurs, and developers alike. With flexible C-1 zoning and a substantial footprint, this building is ready to be reimagined for a wide range of permitted uses including retail sales, business offices, restaurant space, or residential apartments. The property features a parking lot with 9 existing spaces and room to expand, providing flexibility for future growth and tenant needs. The first floor encompasses approximately 6,700 square feet and is currently configured for commercial use. It includes three separate areas, two of which have bathrooms: The main space is an impressive open room of approximately 4,300 square feet, featuring beautiful chestnut floors, a full bathroom, and the building's electrical room. This space also offers direct access to an attached garage of approximately 700 square feet with 12-foot ceilings—ideal for storage, workshop space, or expanded operations. A second open area of approximately 950 square feet includes a freight elevator (currently not in working order), one ground-level garage door, two 2-foot loading docks, additional storage areas, and a bathroom—making it highly functional for distribution, light industrial, or service-oriented businesses. A third room of approximately 570 square feet completes the first-floor layout, offering additional flexibility for office, retail, or specialty use. The upper level consists of five separate apartments that will require improvements to meet borough approval standards. Approximate sizes are as follows: Apartment 1: 1,200 square feet Apartment 2: 1,100 square feet Apartment 3: 400 square feet Apartment 4: 1,100 square feet Apartment 5: 400 square feet This layout presents a strong value-add opportunity for investors seeking mixed-use income potential. Additionally, the property includes an unfinished basement of approximately 3,700 square feet, providing substantial storage or future expansion possibilities. Environmental studies have already been completed, adding an extra layer of due diligence for prospective buyers. With its size, layout versatility, existing infrastructure, and prime C-1 zoning, this property offers tremendous upside for the right buyer with vision.

Source: BRIGHT MLS, MLS#: PABK2068176

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income
  • Lot
    0.32 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 102 S RICHMOND STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/29/2026Source: BRIGHT MLS Price Reduction
$629,995 -3.1%
4/29/2026Source: BRIGHT MLS Price Reduction
$629,995 -3.1%
2/14/2026Source: BRIGHT MLS Added to Database
February 14, 2026
2/14/2026Source: BRIGHT MLS Added to Database
February 14, 2026
12/19/2024Source: BRIGHT MLS Status Change
CLOSED
12/3/2024Source: BRIGHT MLS Added to Database
August 13, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 13, 2021
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE
12/3/2024Source: BRIGHT MLS Added to Database
January 18, 2024
12/3/2024Source: BRIGHT MLS Status Change
PENDING
Listing provided courtesy of Iron Valley Real Estate of Berks- MLS# PABK2068176MLS ProviderContact Information: [email protected] - 4844508771