$950,000 505 Penn St Reading, PA

MLS: 6195292   Type: Commercial   County: Berks   City: Reading   Area: Reading City   Zip: 19601   Style: Commercial,Office,Professional     Taxes: $7,953

Mortgage $4,460 /mo



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Historic Stichter Building. Built in 1909 and gut renovated in 1983. Building is in good condition, having received over $600,000 in additional capital improvements over the last five years. Beautifully restored Class B office building. Great location in the downtown business district, one block from the county courthouse. Many long term tenants in this professional building. Assumable loan makes financing easy for a qualified buyer.

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Price History

2/8/2014 Listed $950,000

Accessibility MoblImprMods
Businesstype Commercial, Office, Professional
Hot Water Electric
Is Twin No
Listing Area Reading City
Location Downtown, MiddlOfBlock
Property Type Commercial
School District Reading
Tenancy 5+ Years
Tenantpays PayPrk
Zoning COMM

Interior Features

Buildingfeatures Elevator, FireAlarm, SprinklerSys
Electric CircBreakers
Flooring Tile/Brick, CarpetFlr
Plumbing MixedPlumb

Exterior Features

Exterior Stone
Exterioramenities PubTransNear, BldgExpnPoss
Foundation BlockBrickFd
Lot Dimensions 0000
Parking Features Garage, PavedPark, PublPark
Roadsurfacetype State, No Road
Roof PitchedRoof, Rubber
Topography Level
Waterfront Property N

Property Schools

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Gallery (19 photos)

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Property vs Zip Code Avg (19601)

Price 950K Avg 506K

Sqr Feet 20,000 Avg 7,798

Cost / Sqr Ft $48 Avg $65

Taxes $7,953 Avg $5,762

Acres 0.24 Avg 2.24

Visits 807 Avg 45

Walkscore® 94 Avg 81

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Listing Provided Courtesy Of: RE/MAX Of Reading

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Location & Address

eXp Realty Philadelphia
460 S Lewis Rd Suite 109
Royersford, PA

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