PA > Reading
Reading, PA 19602,348 PENN ST
$229,900
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4,000 SqFt
Active

348 PENN ST Reading, PA 19602

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Gary Pallay

Gary Pallay

+1(908) 698-1053

UPDATED:

10/31/2024 05:54 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $57

MLS Listing ID PABK2031468

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $4,005

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 0.00 x 0.00

Property Description

Large Commercial building in the Heart of College Town District in the City of Reading. Perfect for a New Restaurant or lounge. Off street parking in the rear of building and city parking lot next door. This building has potential for residential apartments on the 2nd and 3rd floor. The building is currently leased to a catering company. The lease is month to month and the Caterer will need 60 days to relocate. There is a land lease for the building on the left for $200.00 per month. The catering company pays $2000.00 per month. The building needs updating, the owner is selling the property "AS IS ". Bring your ideas and make an offer! Please give us 48-hour notice for all showings.

Location

State PA

County Berks

Area Reading City (10201)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water, Baseboard - Electric

Cooling Central A/C

Equipment Some

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 6.0

Waterfront N

Water Access N

Accessibility Other Bath Mod

Parking Type Driveway, On Street

Total Parking Spaces 6

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Reading

Others

Tax ID 05-5307-82-70-1083

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Bryan Sandritter • Exeter Realty

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Gary Pallay

Sales Associate

+1(908) 698-1053

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348 PENN ST