440 N 3rd St
Reading, PA 19601
The Keystone Building · Industrial Property For Sale

RE/MAX Commercial is pleased to present the exclusive offering of the Keystone Building, also known as 440 N 3rd St. The property is located in the City of Reading and consists of two buildings of 65,062 sf and 6,291 sf totaling 71,353 square feet of industrial/warehouse space. The entire site is 2.12 acres. Located 19 miles south of Interstate 78 and with easy access to all other regional roads it is perfectly positioned for “last mile” warehousing or as a regional distribution center. There are two parts to the main building, a modern warehouse and a four story warehouse serviced by three freight elevators. The modern warehouse space has 18’ clear heights and 9 covered truck bays which can accommodate up to 52 foot trucks. A lighting project has been completed with high efficiency LED High Bays. The four story building has a convenient contractor/retail space with covered entrance as well as a showroom on the second floor. The remaining floors are open storage areas. The property has received, or is in the process of, $600,000 of capital expense work, including an all new roof 20-year warranted, raising it solidly to a Class B building. M-C Manufacturing Commercial District By Right zoning allows warehouse, distribution and storage facilities as well as many other uses. There is a single NNN tenant in place for the entire property through 4/30/2019 providing solid income until that time. Taxes are very low at $11,508 for the entire property. Ample parking is available through a lot with 15 gated spaces, a lot with 12 spaces ungated spaces and virtually unlimited on street parking. This is a solid property for a user or an investor looking to expand their portfolio.