Auction Information
Auctioneer CATHY M. PENNYPACKER AUCTIONEERS & APPRAISERS 610-777-6121
Auction Date Aug 04 Auction
Location
4220 St. Lawrence Avenue
Reading, PA
Time 10:00AM
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CATHY M. PENNYPACKER AUCTIONEERS & APPRAISERS

ANNOUNCES AN AUCTION OF VALUABLE TWO STORY COMMERICIAL REAL ESTATE WITH A STORE FRONT AND LARGE UPSTAIRS APARTMENT

A GREAT INCOME PRODUCING PROPERTY! SO MUCH OPPORTUNITY!  THIS STORE WAS IN EXISTANCE FROM 1933 TO 2014! KNOWN AS THE FORMER "JACKSONWALD STORE"

SATURDAY, AUGUST 4th, 2018

10:00 A.M.

HELD AT:  4220 ST. LAWRENCE AVENUE, READING (EXETER TOWNSHIP-BERKS COUNTY), PA  19606

FIRST FLOOR FEATURES:

*  Half of the first floor is for the store-retail business operation

*  Kitchen with dining area and early original wall sink and wooden cabinets

*  Cooking pantry addition in the rear corner

*  Half bath (recently renovated)

*  Storage/office room

*  Closet storage

*  Rear Porch and enclosed frame addition

*  Tile replaced in Living area floor

SECOND FLOOR FEATURES:

*  Hall

*  Living Room

*  Three (3) Bedrooms with Closets

*  Full bath with step-in shower

BASEMENT FEATURES:

*  Full Basement with interior stairway access

*  Storage area

*  Rear yard access below an open porch area

OTHER FEATURES:

*  Commercial/Business Operation located in a Neighborhood Commercial District

*  Zoned apartment use

*  Covered drive up/carport in front of building

*  Macadam and gravel surface at store front.  There is limited off-street parking for business patrons is available at the front of this property

*  Double exit on left side (variance done) which is good for commercial use

*  Repainted on both floors

*  Spring 2018 Taxes are $ 736.07

*  Built in 1928

*  Building size 2,252 square feet

*  Lot size 35,719 square feet

*  Could be used as retail sales

*  In the past this store used to sell gasoline.  Any and all fixtures, pumps, storage tanks and other similar equipment have been removed from this site

*  Municipal water and sewer

*  Rear yard with private alley and macadam parking area

*  Road is well-traveled

*  Detached one story garage 10 by 18 feet and has a concrete floor

*  Modern oil fired warm air heating system

*  Electric Hydrojet brand domestic hot water unit newly installed in 2005-50 gallon capacity

*  Two (2) 100 amp, pull-out fuse main electric service panels

*  New oil tank in 2015-275 gallon oil tank with new tank warranty

*  New water heater in 2016

*  Newer main/rubber roof over the primary building area with a composition shingle roofing surface over the rear porch

*  Replacement windows on both the main and second floors

*  Main floor brick exterior wall and aluminum siding covered second floor exterior walls 

*  Located near main roads, shopping areas, recreation areas and schools

OPEN HOUSE DATES:  Thursday, June 28th-6:00 to 8:00 P.M., Saturday, July 14th-1:00 to 3:00 P.M., Thursday July 26th-6:00 to 8:00 P.M.

** BROKER PARTICIPATION INVITED **

WE WILL BE ADDING INTERIOR PHOTOS IN THE NEXT FEW WEEKS.  PLEASE CHECK BACK TO VIEW!

TERMS:  10% Down Day of Auction.  Balance in 45 Days.

AUCTION FOR:  The Estate of Robert F. Donaghy, Jr. 

ATTORNEY:  John Tabler, Esquire

Cathy M. Pennypacker, CAGA  Lic. #Au-001254-L

610-777-6121




Auctioneer License Information: AU-001254-L

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