Investor Opportunity - R-3 Residential Zoning! Explore the possibilities at 997 River Road! Currently utilized as a commercial property, this building is situated within an R-3 residential zoning district, offering potential opportunities for residential redevelopment or adaptive reuse. Ideal for investors and developers seeking a conversion project. Any proposed residential use, number of units, or conversions is subject to verification and approval by the City of Reading. Buyer responsible for all zoning and permit due diligence. Fully rehab
Single-familyProperty Type
1900Year Built
5,662 sq ftLot Size
Listed by Belle Guzman• United Real Estate Strive 212
Northwest Reading, located between the Schuylkill River and Mount Penn, is a residential and hillside Reading neighborhood with brick rowhomes and pocket parks. The neighborhood’s character concentrates around the Penn Street corridor near 5th Street, where corner storefronts, longtime eateries, and everyday services set a steady, lived-in rhythm. Community pillars include GoggleWorks Center for the Arts, the Reading Public Museum, and the Santander Performing Arts Center. Streets climb toward tree-lined blocks with porches and small front gardens, while flatter sections keep a classic grid feel. Nearby trails and lawns at City Park and the museum grounds add room for walking and weekend downtime. The mix of historic architecture and cultural venues gives the area a grounded, creative tone.
Provided by Walk Score and Local Logic
Market insights
997 River Rd · $79,999
DAYS ON MARKET
1 days
The average home goes pending in 12 days.
SALE-TO-LIST
100.3%
Most homes are selling 0% above list price.
LIST PRICE
$79,999
Median sale price in this area is $363,812. (355% higher than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Basement
Bedrooms
1 bedroom on the main level
Bathrooms
1 full bathroom on the main level
Home design
Detached
Parking
Other parking
Construction
Brick and masonry construction
Brick and mortar foundation
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home