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EXECUTIVE SUMMARY
Welcome to 694 Pont Reading Road, a fully occupied investment opportunity. The first floor has been expertly renovated and designed and is now occupied by Baby Bloom, a children's consignment boutique. This space offers a bright, open layout that comfortably accommodates 28 people. Upstairs, you'll find a one-bedroom apartment with a separate front entrance. This charming unit is currently rented to a long-term tenant paying $1,100 per month, with the tenant covering all utilities except water. The apartment features a spacious living room with three large windows, a dining room, a kitchenette with a gas stove, in-unit laundry, a full bathroom, and a cozy bedroom. There’s also a private exit from the dining room to a rear staircase that leads to the alley. A new roof was installed in 2024. This property is ideally located close to the 476, the bus, trolley, and R-5 train. Don't miss out on this incredible opportunity with rental income already in place!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,296 SF
Building Class
C
Year Built
1930
Price
$350,000
Price Per SF
$270.06
Tenancy
Single
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.02 AC
Zoning
CMX - Commercial Mixed Use
Parking
1 Spaces (0.77 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22-06-01770-00 | Improvements Assessment | $70,890 (2025) |
| Land Assessment | $74,890 (2025) | Total Assessment | $145,780 (2025) |
PROPERTY TAXES
Parcel Number
22-06-01770-00
Land Assessment
$74,890 (2025)
Improvements Assessment
$70,890 (2025)
Total Assessment
$145,780 (2025)
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694 Pont Reading Rd
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