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527 Penn Street Reading, PA $ 299,500
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$ 299,500 Get more info
527 Penn Street
$ 299,500
Back to search
Share Save

527 Penn Street

Reading, PA, 19601
$ 299,500
Bedrooms-- Baths-- Sq 2,600

Monthly Estimate*

$ 1,868

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Commercial Property for sale in Reading, PA

for $299,500. This 2,600 square foot building was built in 1930.

Don't miss an opportunity to own well established over 20 years restaurant, Pizza shop in downtown, business district, city of reading PA. Owners are retiring., willing to train if needed. Showing during business hours 10-10 everyday. Near Alvernia college. Lots of businesses around. Real estate not included

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Commercial Active

Price

$ 299,500

Property Type

Commercial

Taxes

$ 5,684

Style

General Retail,,Restaurant/Bar,Storage

Year Built

1930

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2059202
Features
Interior
Heating Fuel Natural Gas
Flooring Ceramic Tile Other
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Septic
Heating Forced Air
Cooling Central A/C Multi Units
Utilities Cable TV Available Electric Available Multiple Phone Lines Natural Gas Available Phone Sewer Available Water Available
Possession 31-60 Days CD 61-90 Days CD Negotiable Subject to Existing Lease
Roof Unknown
Zoning COMMERCIAL/RES
Security Features 24 hour security Carbon Monoxide Detector(s) Electric Alarm Exterior Cameras Fire Detection System Smoke Detector
Construction Materials Brick Other
Exclusions Owner's private Property
Year Built 1930
Electric 120/240V Other
View Street Other
Property Subtype Other
Tax Year 2025
Ownership Leasehold
Cool Fuel Natural Gas
Municipality READING CITY
Business Type Other/General Retail Other Restaurant/Bar Storage
Accessibility No Stairs Other
County BERKS
Insurance Expense 4500.00
New Construction N
Property Type Commercial Sale
Possible Use Bar/Tavern/Lounge Barber/Beauty Bed & Breakfast Beer/Wine/Liquor Church Clothing Commercial Convenience Store Day Care Distribution Dry Cleaner Financial Florist/Nursery Food & Beverage Food Market F
Water Access Y/N N
Status ACTIVE
Directions Penn St South. Property on right
City READING
Disclosures House Code - Current License House Code - Inspected
Number Of Units Total 1
MLS Area Reading City (10201)
Tax Annual Amount 5684.0
Property Condition Very Good
Price Per Sq Ft Total AG 22.86
Acceptable Financing Cash Conventional Lease Purchase Negotiable Private Other
Lease Considered Y/N Y
Vacation Rental Y/N N
Location Type Business District
Standard Status Active
Year Built Source Estimated
Tax Lot 1348
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Exterior
Parking Features Handicap Parking Lighted Parking Paved Parking Public Security/Monitored
Lot Features Other
Water Source Public
Inclusions Kitchen and restaurant equipment.
Type of Parking On Street Parking Lot Other
Water View Y/N N
Building Area Total 13100.00
Lot Dimensions 0.00 x 0.00
Road Surface Type Approved
Waterfront Y/N N
Other Equipment Negotiable
Road Responsibility City/County
Land Assessed Value 35800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 527
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* Excluded Features
List By
Pagoda Realty

Broker

boris6328@yahoo.com

Email

Affordability Calculator

$2,342
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,868
Monthly Property Taxes
$474
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
10/23/2025$299,500 -7.85% Price Down
6/25/2025$325,000 Listed Price

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527 Penn Street, Reading, PA, 19601 is a Commercial Property for sale at $299,500 with 2,600 sqft. 527 Penn Street was built in 1930. The property's zip code is 19601 which is in Reading, PA

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