511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo
511 - 515 Penn Street, Reading, PA 19601 Photo

24 Total Photos [Click to View All]

511 - 515 Penn Street Reading, PA 19601
$3,000,000
ACTIVE / MLS# PABK2022164 / Commercial - / Reading

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 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.

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Property Details

Property Type: Commercial -
Cooling: None
Fuel Type: Natural Gas
Heating: Central
Lot Size: 0.33 Acres
Roof Type: Flat
Taxes: $4,682
Year Built: 1900

Feature Descriptions

Building Name: PENN STREET BANK BLDG.
Days on Site: 1360
Exterior: Stone, Masonry
Location: Downtown
Lot: Interior, Level
Lot Dimensions: 0.33 Acre(S)
Municipality: READING CITY
Sewer: Public Sewer
Special View Info: City
Total Garage/Parking Spaces: 50
Units: 50
Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water: Public

Schools

School District: READING

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Springer Realty Group
Agency Phone: 4844984000

Shown By

Agency Title: Lewith & Freeman
Agency Phone: (570) 288-9371

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