422 Penn St
Reading, PA 19602
422 Penn Street · Property For Lease

Fully operational, sprinklered, commercial property in the heart of Reading's bustling commercial core. This property features street level retail, 24' * 230'... half of which is occupied by (owner/seller) who has offered to lease back at $2,000 / month. Upstairs you will find four modern, fully occupied apartments... each with it's own electric meter with central Heat and AC! Tenants pay for heat, lights, cooking, hot water and contribute to cold water service. If that's not enough to get the developer in you interested, consider the second retail suite at the back of the existing space as well as the full, basement with walk out access on Cherry Street. Downtown Reading has taken a turn for the positive, get in while good properties are still available. Redevelop the first floor space into a grand restaurant to service the thousands of workers in the downtown core. Many permitted uses in this Commercial Core zoned property... four story city parking garage is located directly behind on Cherry Street... hundreds of patrons each week walking to and from work... Penn street is the main East West through fair and main street for the downtown section in the city of Reading. Over the last few years this area has undergone many changes and improvements. The zoning for this property is Commercial Core which allows many office and retail type uses...