1125 MOSS ST Reading, PA 19604

$849,000
1125 MOSS ST, Reading, PA 19604
Call 1-800-839-1363
6957421

Commercial Property for sale in Reading, PA

for $849,000. This 90,000 square foot building was built in 1917 on a lot size of 0.47 Acre(s).

Property Information

  • $849,000
  • Commercial
  • 90,000 Square Feet
  • Taxes are $5,430
  • Other / Unknown
  • Active
  • Lot size of 0.47 Acre(s)
  • Built in 1917
  • Reading, PA
  • College Heights Neighborhood
  • Berks County
  • MLS/Web ID is 6957421

Description

Former brick and steel industrial property fitting for a conversion to one and two-bedroom apartments. It's original building was constructed in 1917 of heavy timber and brick, the newer section of brick and steel. There is also an outdoor courtyard. Owner will consider joint venture. There is an open parking area across from the main building. Recently renovated multifamily properties in area have great occupancy and yield rental rates as follows: 1 bedroom: 800-850, 2 bedroom 900-1, 000. Redevelopment site at 10/sf with parking. Great consideration for a multifamily project (70-100 units). Prime location with great walk score and access to retail. Located in historical Reading Outlet area.

Interior 2

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Driveway

  • Gravel/Crushed Stone Driveway

Lot Description

  • Level/Flat

Parking

  • Off Street Parking

Roof

  • Rubber

Miscellaneous 3

Acceptable Finance

  • Conventional

Location

  • Downtown

Utilities

  • Cable
  • Electric 400 Amps
  • Gas
  • Other
  • Phone
  • Water

† Excluded Feature

Neighborhood & Schools

School District: Reading

 See complete school information

Listed By

Broker: SVN IMPERIAL REALTY

1125 MOSS ST, Reading, PA, 19604 is a Commercial Property for sale at $849,000 with 90,000 sqft and a lot size of 0.47 Acre(s). 1125 MOSS ST was built in 1917. The property's zip code is 19604 which is in Reading, PA

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Pricing History

Date Price Price Change Description
8/14/2017 $849,000 -14.67 % Price Change
8/14/2017 $995,000 Price Change
1/27/2017 $995,000 637.04 % Listed Price
9/17/2012 $135,000 Sold Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Reading $357,076 58 % below $219,900 74 % below
Commerical listings in Reading $788,832 7 % below $325,000 62 % below
Sold listings in Reading $99,138 88 % below $92,500 89 % below

Get the facts about Reading, PA!

Population 87,420
Population Growth (since 2000) 8 %
Median Income $27,231
Median Age 31.01
Households w/ Children 37 %

Residential Dwellings

  • Owned 12824
  • Vacant 3867
  • Rented 17000

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