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1034 Penn Street Reading, PA $ 255,000
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$ 255,000 Get more info
1034 Penn Street
$ 255,000
Back to search
Share Save

1034 Penn Street

Reading, PA, 19602
$ 255,000
Baths0.0 Sq 6,000

Monthly Estimate*

$ 1,695

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Studio

Commercial Property for sale in Reading, PA

for $255,000. This 6,000 square foot building was built in 1900 on a lot size of 0.14.

Calling all owner-occupants, savvy investors and prospectors. Here's your next Downtown Jazz Fest Destination. Don't look past this three-story, commercial venue in Berks County's Historic Penns Commons. Opportunity knocks. Turn your own key. Start your Bed and Breakfast . Operate your own Air Bnb. Full bar in lower level. Brew your own coffee. Craft your own signature beverages. Say Cigar Lounge. Includes rear lots for parking and deliveries. Newer mechanicals. Signage. Share the strip with The Reading Area Community College, The Miller Center for the Arts, Alvernia's John R. Post Center at Collegetowne, The Santander Arena and The Doubletree Hotel. High traffic count and high visibility. Favors foot traffic as well. This space most recently served as a restaurant but can easily accommodate multiple offices, a convenience store, multi-service, barber shop or nail/hair salon, prep kitchen, event staging or bakery. Great for the new entrepreneur who wants to manage growth or the astute business individual wanting to control costs. Opportunity knocks.

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Commercial Active

Price

$ 255,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,372

Style

Restaurant/Bar

Lot Size

0.14

Year Built

1900

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2033236
Features
Interior
Heating Fuel Natural Gas
Hot Water Electric Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Cable TV Available Electric Available Natural Gas Available
Possession Immediate
Zoning COMMERCIAL
Security Features Surveillance Sys
Construction Materials Stone Concrete Brick
Exclusions SELLER'S PERSONAL PROPERTY
Year Built 1900
Electric 200+ Amp Service
View Street
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality READING CITY
Business Type Restaurant/Bar
Accessibility None
County BERKS
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions SOUTH ON NORTH 10TH ST. LEFT ONTO PENN ST. PROPERTY ON RIGHT.
City READING
Buyer Agent Compensation 2
Total Units 0
MLS Area Reading City (10201)
Lot Size Square Feet 6098.00
Waterfront Y/N N
Street Name PENN
Tax Annual Amount 4372.0
Price Per Sq Ft 42.5
Acceptable Financing Conventional Cash
Historic Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 252
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 9007
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Private
Lot Features Additional Lot(s) Level Rear Yard
Water Source Public
Inclusions COMMERCIAL KITCHEN EQUIPMENT AND FURNITURE
Type of Parking On Street Parking Lot
Water View Y/N N
Building Area Total 6000.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.14
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 39900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1034
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* Excluded Features
List By
United Real Estate Strive 212

Broker

rickunited1@gmail.com

Email

Affordability Calculator

$2,059
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,695
Monthly Property Taxes
$364
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/2/2024$255,000 -3.77% Price Down
11/20/2023$265,000 -1.12% Price Down
9/28/2023$268,000 -10.67% Price Down
8/6/2023$300,000 Listed Price

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1034 Penn Street, Reading, PA, 19602 is a Commercial Property for sale at $255,000 with 6,000 sqft and a lot size of 0.14. 1034 Penn Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 19602 which is in Reading, PA

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