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501 PENN STREET

Reading, Pennsylvania, 19601, United States

Property ID: #1289744 // Commercial // Source Status: Pending
501 PENN STREET
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Traditional Sale
List Price:
$790,000.00
Icon 10,200 ft²
Icon 0.07 acres
Icon - beds
Icon - baths
Address:
501 PENN STREET
City:
Reading
State:
Pennsylvania
Zip Code:
19601
County:
BERKS
Country:
United States
Property Type:
Commercial
Additional Property Types:
Multi-Family
Year Built:
1793
Property Size:
10,200 ft²
Lot Size:
0.07 acres
Data Source:
BrightMLS
MLS/Reference Number(s):
PABK2026384
Source Status:
Pending
Source Property Type:
Commercial, Five Or More Units

Property Provided By

  • Sean Moretti
  • Destination Realty LLC
  • +1 (610) 743-3310

Connect with local buyer agents who are willing to offer commission savings!

Property Information

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!

Directions

Starting at Penn and Perkiomen turn left onto PENN and continue to 5th and PENN. easy parking along Court St

Source Disclaimer

BrightMLS

Listing Information © 2024 BrightMLS. All Rights Reserved.
Courtesy of Sean Moretti, Destination Realty LLC seanhmoretti@gmail.com
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
This content last updated on 2024-10-08 07:02:14.


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