641 GREGG AVE Reading, PA 19611
UPDATED:
10/31/2024 06:08 AM
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Rent
Square Footage 15,556 sqft
MLS Listing ID PABK2043300
HOA Y/N N
Originating Board BRIGHT
Year Built 1940
Lot Size 0.404 Acres
Acres 0.4
Lot Dimensions 130x135
Property Description
Discover a unique leasing opportunity in a professionally renovated building that is fully approved for use as a school, accommodating up to 80 students and 30 staff members. This spacious property offers a generous 15,556 square feet, spread over two stories, making it ideal for various commercial applications.
The first floor encompasses 7,893 square feet and is handicap-accessible, while the second floor spans 7,663 square feet. Each floor features its own designated entrance, allowing for separate use by different tenants, providing flexibility in occupancy and operations. Zoning classification as HM (Heavy Manufacturing) opens the door to a wide array of potential uses beyond its previous operation as a special needs school. Suitable options include charter schools, technical or vocational schools, special needs facilities, large adult/toddler daycare centers, as well as opportunities for manufacturing, industrial processing, banking, colleges, exercise clubs, self-storage facilities, and more.
Situated just blocks off the exit ramp for Lancaster Ave. on Route 422, the property boasts excellent accessibility to regional destinations. It is in close proximity to Alvernia University, enhancing its appeal for educational purposes. The location offers convenient connectivity, being approximately 2.5 hours from NYC, 1.5 hours from Harrisburg, 1.25 hours from Philadelphia, 1 hour from Allentown and Hershey, and 45 minutes from Lancaster.
The area surrounding the property has seen significant development and growth in recent years, with local government actively supporting new businesses. Notably, the local Penn State Health/St. Joseph’s Medical Center is expanding, and the nearby AW Golden lot is being transformed into a strip mall with a grocery anchor, which will attract even more businesses to the area.
This property is ripe for your growing business, providing an exceptional opportunity to secure a versatile space that can cater to educational institutions or a range of other commercial enterprises. The property is also listed as Commercial Sale under MLS# PABK2045640. Contact us today for more information or to schedule a tour!
Location
State PA
County Berks
Area Reading City (10201)
Zoning HM
Interior
Hot Water Electric
Heating Other
Cooling Central A/C
Flooring Vinyl, Other
Heat Source Electric, Oil
Exterior
Garage Spaces 14.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
View Street, Other, City
Roof Type Rubber
Street Surface Paved
Accessibility 2+ Access Exits, 32\"+ wide Doors, 36\"+ wide Halls, Elevator, Ramp - Main Level, Other
Road Frontage City/County
Total Parking Spaces 14
Garage N
Building
Lot Description Rear Yard, SideYard(s), Zero Lot Line, Other
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 18-5306-56-44-7060
Ownership Other
SqFt Source Estimated
Miscellaneous Heat,Lease Special Terms
Security Features Exterior Cameras,Security System
