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200 Penn St, Reading PA – $1,800,000

ID-10444 - For Sale
200 Penn St, Reading PA – $1,800,000
Building Size 22410 sq ft Lot Size .72 Current Zoning CO Real Estate Taxes 25000 Property Use Office

Commercial Real Estate –  Office

22,410 sf 4 story office building on .72 acres For Sale in downtown Reading.  59 parking spaces located at the corner of N 2nd St and Penn St. Original building was former Keystone firehouse built in 1896.  Last major renovations occurred in 1986.  Features include 2500lb 4 stop elevator. ADA accessible, dry fire sprinkler system, security system, and loading dock on N 2nd St.  Equipped with 800-amp service, Each floor separately metered.  Curb cuts on Penn St and Cherry Street. Penn St frontage is 155 ft and Cherry St is 91 sf.  The site is zoned CC, Commercial Core, with a Penn Square Corridor Overlay. The Penn Square Corridor Overlay Zone is intended to maintain the historic and pedestrian-friendly environment and promote retail and service businesses along key blocks of Penn Street in Center City Reading. Allowable uses include low, mid, and high rise apartments; movie theaters; townhouses; amusement arcades; municipal buildings; passenger bus/train terminals; parking garages; bakeries; banks and other financial institutions; business and printing services; sports arena; colleges and universities; dry cleaners; fire and ambulance station; fitness centers; funeral homes; hotels, motels, bed and breakfasts; offices, personal services; photo finishing services; restaurants; retail stores; day-care facilities; storage; places of worship; pawn shops; surface off street parking spaces or off-street truck loading spaces or docks; social clubs, private clubs, bottle clubs and bring-your-own-beverage clubs.  This property is eligible for 1031 exchange.

Joe Leone Joe Leone