120 Prospect St Reading PA – $1,950,000 —–SOLD
Commercial Real Estate – Office – Medical
13,138 st Office / Medical Building on 1.94 Acres. 85 parking spaces. Land consists of two parcels 81-5326-10-27-7454 (1.437 Acres) and 81-5326-10-27-7217 (.5030 Acres ).. Taxes include both Parcels. Zoned C-10 Mixed use commercial. Many as of right uses including retail, office, personal services and professional Currently set up as office use. 318 ft frontage on Prospect St & 128 ft frontage on Oley Turnpike Rd. Capital improvements consist of new HVAC replacements; electric and cabling upgrades; and a degree of interior demolition, reconfiguration and refinishing. New interior finishes included complete recarpet and ceiling tile replacement, as well as painting and the installation of built-in workstations. Suitable for 1031 exchange. This property can easily convert to multi tenant.