4708 Penn Avenue Reading, PA $ 6,500,000
4708 Penn Avenue
$ 6,500,000
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4708 Penn Avenue

Reading, PA, 19608
$ 6,500,000
Bedrooms-- Baths-- Sq 75,714

Monthly Estimate*

$ 40,552

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Commercial Property for sale in Reading, PA

for $6,500,000. This 75,714 square foot building was built in 1986 on a lot size of 7.12.

4708 Penn Avenue consists of two buildings on a 7.12 acres site. The strip mall is divided into five tenant spaces, totaling approximately 72,214 square feet of rentable area which is constructed on a concrete slab with block walls, and a built-up asphalt roof with gravel ballast over the former furniture store, and rubber roofing over the remaining suites. The vacant former furniture store comprises roughly 61,316 square feet, subdivided into a showroom, office space, storage room, mechanical rooms, and a loading dock with two rear dock doors. The remaining tenant spaces are currently occupied, including a pack-and-mail store, nail salon, restaurant, and tanning salon with long term leases. All units feature gas-fired, roof-mounted HVAC systems, individually metered electric service, public water, and sewer. The second structure is a free-standing bank branch of approximately 3,200 SF, with multiple drive-through lanes and easy access to Penn Avenue, constructed by the Bank in 2003, This center has frontage along Penn Avenue and access by a traffic light-controlled intersection and a second entrance along beacon road to the east of the property.

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Commercial Pending

Price

$ 6,500,000

Property Type

Commercial

Taxes

$ 124,008

Style

Lot Size

7.12

Year Built

1986

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2059886

Features
Interior
Heating Fuel Natural Gas
Hot Water Other
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Roof Built-Up Rubber
Zoning C-2
Construction Materials Mixed
Year Built 1986
Property Subtype Retail
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality SOUTH HEIDELBERG TWP
Business Type Other
Accessibility 32 + wide Doors Mobility Improvements
County BERKS
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status PENDING
Directions 422 W (Penn Avenue) to Sinking Spring property on the left
City READING
Number Of Units Total 0
MLS Area South Heidelberg Twp (10251)
Lot Size Units Square Feet
Lot Size Square Feet 310147.00
Tax Annual Amount 124008.0
Price Per Sq Ft Total AG 85.85
Vacation Rental Y/N N
Standard Status Pending
Year Built Source Estimated
Tax Lot 3019
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Exterior
Parking Features Lighted Parking Paved Parking Surface
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 75714.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 7.12
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 542400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4708
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* Excluded Features
List By
Re/Max Of Reading

Broker

kwrobel@remax.net

Email

Affordability Calculator

$50,886
Per Month
80%
20%
0%
Monthly Principal & Interest
$40,552
Monthly Property Taxes
$10,334
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
Pricing History
DatePricePrice ChangeDescription
7/17/2025$6,500,000 Listed Price

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4708 Penn Avenue, Reading, PA, 19608 is a Commercial Property for sale at $6,500,000 with 75,714 sqft and a lot size of 7.12. 4708 Penn Avenue was built in 1986. The property's zip code is 19608 which is in Reading, PA