348 PENN ST Active Save Request In-Person Tour Request Virtual Tour
Reading,PA 19602
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 $2,388
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