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- LoopNet Team
35 N 6th St
Reading, PA 19601
Sixth and Washington Bank Office Bldg · Office Property For Sale
PROPERTY FACTS
AMENITIES
- Banking
- Bus Line
- Fireplace
- Food Court
- Security System
- Air Conditioning
- Balcony
ABOUT 35 N 6TH ST , READING, PA 19601
Greater Reading Corporate Center building in need of complete renovation. 98,000 square feet of building with original section built in 1925 with one of areas finest ornamental bank branches. ornamental plaster ceiling was restored in the 1980s at a cost of 800,000.00. new addition was built in 1964. This is the one property not publicly owned on the county services city block. A great location next to the courthouse and county services building. Building is about half cleaned out for redevelopment. Redevelopment can qualify for historic tax credits and building has been submitted for a ten year Keystone Opportunity Zone status that would mean almost no local or state taxes for ten years. Property is also listed at the state legislature for up to a 4,000,000 state RACP grant for appropriate redevelopment. Lender in possession, but need to go through full foreclosure process to divest of other liens. About 90 day settlement. environmental, structural, building, and redevelopment plans are available at no additional cost. THIS IS A NOTE SALE WITH A COOPERATING SELLER Great location in central business district right next to courthouse and county services building. only non-government owned building on the block
PROPERTY TAXES
| Parcel Number | 07-5307-83-80-5608 | Improvements Assessment | $1,516,700 |
| Land Assessment | $121,900 | Total Assessment | $1,638,600 |
PROPERTY TAXES
