Bought with Sean H Moretti • Destination Realty LLC
$350,000
$425,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
9,148 Sqft Lot
SOLD DATE : 09/24/2021
Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID PABK378578
Sold Date 09/24/21
HOA Y/N N
Year Built 1890
Annual Tax Amount $12,009
Tax Year 2021
Lot Size 9,148 Sqft
Acres 0.21
Lot Dimensions 40*230
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This amazing property is now available In the heart of Reading's Commercial Core. There are so many possibilities for this building. As you look through the photos and watch some video, you'll see everything from the beautiful marble and mirror entrance, professional office spaces, to warehouse / manufacturing space and a truck sized freight elevator that goes from the basement to the 3rd floor! (More photos to come that will include views of the four amazing apartments, a retail store, and a finished room in the "front basement"!) From 5th St, you can enter the stair way to the apartments or the entrance to the retails store, and a little further up are two more 5th St entrances giving access to the gallery, offices and interior parking. The entrance to the gallery and offices is spectacular, with marble and mirrored walls, open stairway to the mezzanine offices... some on the first floor and a larger suite on the second floor. On to the "unfinished spaces", there are three stories of block built warehouse / manufacturing space with a garage entrance opening up onto Madison Ave. Inside you'll see ground level parking for about 10 cars, and access to two large upper floors where hair color was made back in the 80's for Renbow USA, an international corporation. Wrapping it up, we have to mention the large rear basement, also accessible from the oversized freight elevator. Here you'll see the "large gas heater".... it's newer and in good working order. System details / brand available , the label on the heater is the "last photo" in the photo library. Set up your showing now! Be a part of Reading's revitalization and bring this property back to life!
Location
State PA
County Berks
Area Reading City (10201)
Zoning CC
Interior
Hot Water Electric
Heating Baseboard - Electric, Other
Cooling Central A/C
Flooring Concrete, Fully Carpeted, Hardwood, Laminated, Marble, Partially Carpeted, Other
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 10.0
Utilities Available Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
View City, Street
Roof Type Rubber,Other,Unknown
Street Surface Paved,Black Top
Accessibility None
Road Frontage City/County
Total Parking Spaces 10
Garage N
Building
Lot Description Interior, Level, Road Frontage, Other
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 07-5307-83-71-6095
Ownership Fee Simple
Security Features Fire Detection System,Smoke Detector
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition REO (Real Estate Owned)
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