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501 PENN STREET, READING, PA 19601
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$790,000
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Property Details for 501 PENN STREET
Price
$790,000
Type
commercial/industrial
Year Build
1793
Lot Size
0.07
County
BERKS
Tax
$9,998
MLS®️ Listing#
PABK2026384
On exitrealty.com
668 days
Property Description
Built in the late 1700's, this Historic Building is located at the Center of Reading's Business District. Great visibility, excellent location. The mostly occupied, diverse tenant mix includes 8 units: five retail at street level, three on the upper floors operating as office and service providers. Utilities are separated and each unit has their own HVAC , gas and electric meters. Owner expenses are very manageable. Buy today, collect rent tomorrow! The second and third floors are serviced by an elevator, allowing access to everyone.
Regarding residential conversion: the commercial core zoning of this building requires commercial use on the ground level, but allows for residential use on the upper floors (with parking accommodations.) See the attached CC Zoning doc as well as floor plans. Easy to show with preferred 36 hours notice, come on out!
- Utilities
- Sewer Available
- Water Available
- Parking
- Public
- Unassigned
- Cooling Information
- None
- Heating Information
- Heat Pump - Gas BackUp
- Water Features
- Public
Listing courtesy: Destination Realty LLC - 6107433310
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-09-21 01:17:31
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$790,000
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EXIT PREFERRED REALTY
2105 Laurel Bush Rd. Suite 110, Bel Air, MD 21015