Sold 12/29/2017

ANOTHER 422 OPPORTUNITY !!! This property has 2 buildings on it. #1- A 38,000 sq foot multi-use bldg located close to public transportation and major roads in very popular area. This bldg has offices, whse and HVAC'd assembly/work/laboratory/classroom space. This bldg offers 70+ parking spaces and a user could definitely accommodate a tenant.#2-Papa Johns leases in other, separate 3000 sq foot bldg on property and pays $1667/month through 2020. Taxes for the entire property(which includes 2 bldgs) have been lowered approx 43% recently! Property also known as 501 Crescent which was an entrance to bigger bldg on Crescent that Career Link used. Very generally speaking, main bldg sq footage is 38,000 + retail separate bldg of 3000 = 41,000 sq feet.Owner financing possible to qualified candidates. The larger 38,000 bldg is for lease via MLS # 6835210 for $6/sq foot.

Property Details
  • Reading
    school district
  • $21,496.00
  • 1980
  • 2
  • 6752239
Tile flooring
School district: Reading
Brick exterior
Lot acreage is: 2.27
Lot dimension is: 1X1
Lot on state road
Lot zoned: M-C
Rubber roof
Public sewer
Public water
Property style: 1
Tax year: 2017
Courtesy of:
422 Commercial Realty

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Address Distance Sale date Sale price
2312 FAIRMONT AVE 0 mi. 12/29/2017 $670,000
505 PENN ST 2.25 mi. 4/28/2017 $991,000
4775 5TH STREET HWY 2.57 mi. 10/15/2016 $875,000
1025 BERKSHIRE BLVD 2.97 mi. 6/29/2018 $1,000,000
1981 STATE HILL RD 3.29 mi. 1/31/2018 $850,000
2395 LANCASTER AVE 4.38 mi. 10/17/2017 $875,000
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{"markerType": "Sold", "lat": "40.33917", "lng": "-75.97527", "Address": "1981 STATE HILL RD", "City": "WYOMISSING", "StateProv": "PA", "ZipCode": "19610"}
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2312 FAIRMONT Avenue, READING, PA 19605 commercial was sold for $670,000.
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Data last updated: 7/16/2018.