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851 Penn Street Reading, PA $ 325,000
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851 Penn Street
$ 325,000
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851 Penn Street

Reading, PA, 19601
$ 325,000
Bedrooms-- Baths-- Sq 4,120

Monthly Estimate*

$ 2,245

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Commercial Property for sale in Reading, PA

for $325,000. This 4,120 square foot building was built in 1912 on a lot size of 0.05.

Very lucrative income producing property in the heart of Reading. First floor consists of a Pizzeria/Restaurant/Bar doing a very good business. The 2nd floor consists of a large room being utilized as office space. At one time it was used as 2nd floor dining. The 34d floor consists of a 3 bedroom, 1 bath apartment. This location is just 1 block from the Santander Arena. The property is ideal for an ambitious entrepreneur looking to make a very profitable living. Business and liquor license are not included but could be negotiated.

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Commercial Active

Price

$ 325,000

Property Type

Commercial

Taxes

$ 2,908

Style

Restaurant/Bar

Lot Size

0.05

Year Built

1912

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2079360
Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating Hot Water
Cooling Central A/C
Utilities Cable TV Natural Gas Available Phone
Possession 31-60 Days CD
Roof Rubber
Zoning C-R
Construction Materials Brick
Year Built 1912
Electric 200+ Amp Service
Property Subtype Mixed Use
Tax Year 2026
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 Perkiomen Ave to Penn St
City READING
Number Of Units Total 2
MLS Area Reading City (10201)
Lot Size Units Square Feet
Lot Size Square Feet 2178.00
Tax Annual Amount 2908.0
Property Condition Good
Price Per Sq Ft Total AG 78.88
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 9310
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street Other
Water View Y/N N
Building Area Total 4120.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 24700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 851
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* Excluded Features
List By
Century 21 Gold

Broker

gcarbon@c21gold.com

Email

Affordability Calculator

$2,487
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,245
Monthly Property Taxes
$242
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
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Pricing History
DatePricePrice ChangeDescription
10/9/2026$325,000 Listed Price

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851 Penn Street, Reading, PA, 19601 is a Commercial Property for sale at $325,000 with 4,120 sqft and a lot size of 0.05. 851 Penn Street was built in 1912. The property's zip code is 19601 which is in Reading, PA

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