Views
Listed By:
RE/MAX Of Reading
Address
200 Penn Street, Reading, PA
Price
$ 1,650,000
Property Attributes
  • MLS#PABK2039290
  • TypeCommercial
  • CountyBERKS
  • CityReading
  • AreaReading City
  • Zip19602
  • StyleDay Care Facility,Health Club,Medical,/General Ret
  • Year Built1896
  • Taxes$ 25355
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage22410
  • Lot Size0.72 Acres
Data Source:
Bright MLS
Property Description

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.

Price History
2/3/2024 Listed $1,650,000

General Features

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 2022
Percent Ownership Fee Simple
Cool Fuel Electric
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
County BERKS
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Property Use Owner User
Transportation Airport less than 10 miles,Bus Stop less than 1 mile
Status ACTIVE
Directions Rte. 422 to Penn Street (aka Business 422) Exit. East on Penn Street to property on Right.
ModificationTimestamp 2024-02-02T17:02:38
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.
MLS Area Reading City (10201)
Lot Size Square Feet 31363.00
Tax Assessed Value 580000.0
Waterfront Y/N No
Street Name PENN
Tax Annual Amount 25355.0
Property Condition Good
Price Per Sq Ft 73.63
Acceptable Financing Cash,Conventional
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 89
Location Type Business District
Standard Status Active
Year Built Source Estimated
Tax Lot 3046
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Flooring Carpet,Ceramic Tile,Hardwood
Hot Water Electric
Total Stories 3
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes
Total Restrooms 8
Number of Elevators 1

Exterior Features

Parking Features Lighted Parking,Paved Parking,Private,Surface
Water Source Public
Total Parking Spaces 59
Type of Parking Parking Lot
Land Use Code 4123
Foundation Details Concrete Perimeter,Stone
Water View Y/N No
Building Area Total 22410.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.72
Road Surface Type Black Top
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility City/County
Land Assessed Value 136500.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 59

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19602

Price
AVG $700K
$1.65M
Taxes
AVG $4,589
$25,355
Visits
AVG 130
71
Data Provided by Inside Real Estate®
Year Built
AVG 1908
1896

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