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853 Penn Street Reading, PA $ 575,000
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853 Penn Street
$ 575,000
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853 Penn Street

Reading, PA, 19601
$ 575,000
Bedrooms-- Baths-- Sq 4,127

Monthly Estimate*

$ 3,971

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Commercial Property for sale in Reading, PA

for $575,000. This 4,127 square foot building was built in 1912 on a lot size of 0.05.

Welcome to 853 Penn Street, a prime mixed-use investment opportunity in the heart of Reading. This income-producing property features 6 units plus the bar. Located just one block from Santander Arena, the property benefits from strong foot traffic and excellent visibility. The sale does not include liquor license. This is a turnkey opportunity for an energetic entrepreneur . With multiple income streams and a prime downtown location, this property presents a strong opportunity for investors or owner-operators.

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Commercial Active

Price

$ 575,000

Property Type

Commercial

Taxes

$ 5,606

Style

Apartment Building,Restaurant/Bar

Lot Size

0.05

Year Built

1912

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2080320
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 7
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General
Sewer Public Sewer
Heating Hot Water
Cooling Central A/C
Possession 31-60 Days CD
Zoning C-R
Construction Materials Brick
Year Built 1912
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality READING CITY
Business Type Apartment Building 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 7
MLS Area Reading City (10201)
Lot Size Units Square Feet
Lot Size Square Feet 2178.00
Tax Annual Amount 5606.0
Price Per Sq Ft Total AG 139.33
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 9330
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Exterior
Water Source Public
Type of Parking Other
Water View Y/N N
Building Area Total 4127.00
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 1 853
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* Excluded Features
List By
Century 21 Gold

Broker

gcarbon@c21gold.com

Email

Affordability Calculator

$4,439
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$467
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/30/2026$575,000 Listed Price

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853 Penn Street, Reading, PA, 19601 is a Commercial Property for sale at $575,000 with 4,127 sqft and a lot size of 0.05. 853 Penn Street was built in 1912. The property's zip code is 19601 which is in Reading, PA

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