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345 Penn St 225,000 SF 56% Leased Industrial Building Reading, PA 19601 $3,950,000 ($17.56/SF)
INVESTMENT HIGHLIGHTS
- It is situated near major roads, including U.S. Route 422 Business and U.S. Route 222.
- There are several local dining options, including cafes and restaurants that provide a variety of cuisines.
- The property is located near several retail stores and services.
- The Berks Area Regional Transportation Authority (BARTA) provides public bus services throughout the city.
- Reading Public Museum and City Park is nearby and provides opportunities for outdoor recreation and cultural activities.
- Convenient location
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $3,950,000 | Rentable Building Area | 225,000 SF |
| Price Per SF | $17.56 | No. Stories | 3 |
| Sale Type | Investment or Owner User | Year Built | 1958 |
| Property Type | Industrial | Clear Ceiling Height | 48’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.72 AC | ||
| Zoning | C-C - Central Commercial District | ||
| Price | $3,950,000 |
| Price Per SF | $17.56 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.72 AC |
| Rentable Building Area | 225,000 SF |
| No. Stories | 3 |
| Year Built | 1958 |
| Clear Ceiling Height | 48’ |
| No. Dock-High Doors/Loading | 2 |
| Opportunity Zone |
Yes |
| Zoning | C-C - Central Commercial District |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Information
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Information | - | - | - |
PROPERTY TAXES
| Parcel Number | 06-5307-82-70-1358 | Improvements Assessment | $824,800 |
| Land Assessment | $456,000 | Total Assessment | $1,280,800 |
PROPERTY TAXES
Presented by
REAL of Pennsylvania
345 Penn St
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