511 - 515 Penn st Reading Pa 40,000 square foot building in the Central Business District of Reading Pa. Former bank with lots of uses. In the Keystone Opportunity Zone. .33 acres 40,000 square feet of retail /commercial space in the heart of Penn St Reading between 5th & 6th… Read More Streets in the heart of the Reading Downtown Improvement District. Formerly Reading Trust stretches from Penn St to Court St with access on both streets. This is in the Penn Square Overlay District with underlying Commercial Core (C-C) district. 3 Story building with large 40 Ft Atrium Ceiling. .33-acre property has a full basement with many vaults. Single or Multiple tenant occupancy. Close to Reading Post Office, Attorney Row, City Hall, County Offices, and The Sovereign Center. New Roof. Multiple elevators, sprinkler system, several parking garages within walking distance. Public transportation on 5th St. Perfect Redevelopment project. Many Grant Opportunities paying for rehab and development with the CRIZ Grant Paying up to 80% of property acquisition and rehab for commercial development and other potential programs. Approximately 30 apartments should be possible with the first floor staying commercial. Read Less
Courtesy of Peter B Gustis, Springer Realty Group 484-498-4000
Listing Snapshot
Days Online
1003
Last Updated
Property Type
Five Or More Units
Square Ft.
40,000
Lot Size
0.33 Acres
Year Built
1900
MLS Number
PABK2022164
Additional Details
Building
Built in 1900, Built in 2020 (effective), Construction Materials: Stone, Masonry
Cooling
None
Accessibility Features
None
Heating
Central
Lot
0.33 acres, Interior, Level
Property
Average, City
Roof
Flat
Sewer
Public Sewer
Taxes
Annual Amount: $4,682, Lot: 0430, Year: 2022, Zoning: C
Utilities
Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Water Source: Public
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.