501 PENN STREET, READING, PA 19601

Other
THB ฿26,342,550
USD $790,000
Published on: 19 Feb 2023
Last updated on: 13 Jun 2024
501 PENN STREET, READING, PA 19601
501 PENN STREET, READING, PA 19601
501 PENN STREET, READING, PA 19601
+37
501 PENN STREET, READING, PA 19601
  • 37
Property ID: 110082465971
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Key property information

Land Size
283.28 m2

Commercial - READING, PA

501 PENN STREET, READING, PA 19601
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!

Property Details

Basic Info

Property Type
Other
Listing Status
Pending
Land Size
283.28 m2
Year Built
1793
Architecture Style
Other
County
BERKS
Provider
Destination Realty, LLC
Brokerage Office Name
Destination Realty, LLC
Brokerage Office Phone
(484) 769-3209
Neighbourhoods
READING CITY
Address
501 PENN STREET, READING, PA 19601
Contact Agent
Sean Moretti
100 5th STREET N, Reading, PA 19602
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Sean Moretti
100 5th STREET N, Reading, PA 19602
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      Property ID: 110082465971

      Data provided by Destination Realty, LLC, MLS #: PABK2026384
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