PA > Reading
Reading, PA 19608,4708 PENN AVE
Reading, PA 19608,4708 PENN AVE
Reading, PA 19608,4708 PENN AVE
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by Kent E Wrobel • RE/MAX Of Reading
$6,500,000
Est. payment /mo
75,714 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 75,714 sqft

Price per Sqft $85

MLS Listing ID PABK2059886

Year Built 1986

Annual Tax Amount $124,008

Tax Year 2025

Lot Size 7.120 Acres

Acres 7.12

Lot Dimensions 0.00 x 0.00

Property Sub-Type Retail

Source BRIGHT

Property Description

4708 Penn Avenue consists of two buildings on a 7.12 acres site. The strip mall is divided into five tenant spaces, totaling approximately 72,214 square feet of rentable area which is constructed on a concrete slab with block walls, and a built-up asphalt roof with gravel ballast over the former furniture store, and rubber roofing over the remaining suites. The vacant former furniture store comprises roughly 61,316 square feet, subdivided into a showroom, office space, storage room, mechanical rooms, and a loading dock with two rear dock doors. The remaining tenant spaces are currently occupied, including a pack-and-mail store, nail salon, restaurant, and tanning salon with long term leases. All units feature gas-fired, roof-mounted HVAC systems, individually metered electric service, public water, and sewer. The second structure is a free-standing bank branch of approximately 3,200 SF, with multiple drive-through lanes and easy access to Penn Avenue, constructed by the Bank in 2003, This center has frontage along Penn Avenue and access by a traffic light-controlled intersection and a second entrance along beacon road to the east of the property.

Location

State PA

County Berks

Area South Heidelberg Twp (10251)

Zoning C-2

Interior

Hot Water Other

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 217.0

Water Access N

Roof Type Built-Up,Rubber

Accessibility 32\"+ wide Doors, Mobility Improvements

Total Parking Spaces 217

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Conrad Weiser Area

Others

Tax ID 51-4376-11-56-3019

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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4708 PENN AVE

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