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Executive Summary

Approximately 22,000 SF zoned industrial with a mixed-use variance, allowing endless possibilities for commercial, residential or investment use. Currently utilized as a residence, this unique property is ideal for an owner-occupant seeking flexibility for an in-home business or potential redevelopment opportunities. The building features extensive three-phase electric throughout and a full sprinkler system, making it well-suited for a variety of business operations or a possible multi-unit conversion.
The residential component includes 4 bedrooms, 2 full baths, 2 half baths, and 2 full kitchens, providing flexibility for multi-generational living, employee housing, rental potential, or separate living quarters. Additional features include office space, recording studio, garages, and a private enclosed courtyard with a pool and hot tub.
Rarely does a property offer this level of size, infrastructure, versatility, and potential in one package. A truly unique opportunity for entrepreneurs, investors, contractors, and creative professionals!

Property Facts

Price $525,000
Price Per Unit $175,000
Sale Type Investment
No. Units 3
Property Type
Multifamily
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Size 22,000 SF
No. Stories 4
Year Built 1789
Zoning Industrial - Industrial with mixed variance
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
23-5327-10-46-6066
Land Assessment
$29,900
Improvements Assessment
$52,300
Total Assessment
$82,200
  • Listing ID: 40529648

  • Date on Market: 5/14/2026

  • Last Updated:

  • Address: 1524 Friedensburg Rd, Reading, PA 19606

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