200 Penn Street Reading, PA $ 1,650,000
200 Penn Street
$ 1,650,000
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200 Penn Street

Reading, PA, 19602
$ 1,650,000
Baths0.0 Sq 22,410

Monthly Estimate*

$ 10,966

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Studio

Commercial Property for sale in Reading, PA

for $1,650,000. This 22,410 square foot building was built in 1896 on a lot size of 0.72.

One of the most visible and known buildings in Reading, Pa. This classic is located at the corner of 2nd and Penn Streets, on the main artery into the Downtown Reading area. Incredible architecture dates back to 1896 when this building was built as the Keystone Firehouse. In 1986 the property was dramatically updated and expanded with the addition of a three story modern office structure. Now, at over 22,400 sq. ft. of space, this property is poised to meet a variety of office, retail, service and restaurant type uses. Zoning is CC (Commercial Core) along with PSO (Penn Street Overlay). The building can be used by a single occupant or, given the layout, it would lend itself well to multi-tenant opportunities. Topping it off is a 59 car parking lot providing excellent access for tenants, customers and guests.

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Commercial Active

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 25,355

Style

Day Care Facility,Health Club,Medical,/General Ret

Lot Size

0.72

Year Built

1896

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2039290

Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Ceramic Tile Hardwood
Hot Water Electric
Total Stories 3
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Total Restrooms 8
Number of Elevators 1
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Roof Asphalt Shingle Rubber
Zoning COMMERCIAL
Security Features Fire Detection System Security System Sprinkler System - Indoor
Construction Materials Block Brick Frame Synthetic Stucco
Exclusions Furniture Fixtures Equipment Inventory and Personalties
Year Built 1896
Electric Circuit Breakers
View City
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality READING CITY
Business Type Day Care Facility Health Club Medical Other/General Retail Professional Restaurant/Bar
Accessibility Elevator Grab Bars Mod 2+ Access Exits 48 + Halls Entry Slope <1'
County BERKS
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Rte. 422 to Penn Street (aka Business 422) Exit. East on Penn Street to property on Right.
City READING
Buyer Agent Compensation 2.5
Zoning Description C-C (Commercial Core) allows for a wide variety of Office Retail Restaurant Service and General Commercial uses.
NumberOfUnitsTotal 0
MLS Area Reading City (10201)
Lot Size Units Square Feet
Lot Size Square Feet 31363.00
Waterfront Y/N N
Street Name PENN
Tax Annual Amount 25355.0
Property Condition Good
Price Per Sq Ft Total AG 73.63
Acceptable Financing Cash Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 127
Location Type Business District
Standard Status Active
Year Built Source Estimated
Tax Lot 3046
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Lighted Parking Paved Parking Private Surface
Water Source Public
Type of Parking Parking Lot
Foundation Details Concrete Perimeter Stone
Water View Y/N N
Building Area Total 22410.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.72
Road Surface Type Black Top
Lot Size Source Assessor
Road Responsibility City/County
Land Assessed Value 136500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 200
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* Excluded Features
List By
Re/Max Of Reading

Broker

rweidner@goberkscounty.com

Email

Affordability Calculator

$13,079
Per Month
84%
16%
0%
Monthly Principal & Interest
$10,966
Monthly Property Taxes
$2,113
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
2/3/2024 $1,650,000 Listed Price

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200 Penn Street, Reading, PA, 19602 is a Commercial Property for sale at $1,650,000 with 22,410 sqft and a lot size of 0.72. 200 Penn Street is a studio with 0.0 baths and was built in 1896. The property's zip code is 19602 which is in Reading, PA