641 Gregg Ave
Reading, PA 19611
Gregg Ave · Property For Lease

This 15,556 sq. ft. building, currently configured as a school, is suitable for investors and end users and available to lease or purchase. The current layout of both floors includes over 30 classrooms and offices, as well as a kitchen with a vent and Ansel system. The handicap-accessible first floor covers 7893 sq. ft., while the second floor spans 7663 sq. ft. Each floor boasts its own designated entrance. The building also includes a freight elevator, central A/C, and a heating system in working order, as well as 20 parking spaces, a loading dock, and a fenced-in playground that can be used as-is or converted to additional parking spaces. Originally purposed as a piano factory, the space is zoned for a wealth of varying uses, and has been used previously as a medical laboratory as well as a school. Other potential uses include charter school, technical/vocational school, special needs facility, large adult/toddler daycare, or similar. The space is also zoned to accommodate manufacturing or industrial processing, banking or financial institutions, colleges/universities, exercise clubs, self-storage facilities, and so much more. The property is located just blocks off the exit ramp for the burgeoning Lancaster Ave. on Route 422, and close to Alvernia University, with easy access to regional destinations. It is located approximately 2.5 hrs. from NYC, 1.5 hrs. from Harrisburg, 1.25 hrs. from Philadelphia, 1 hr. from Allentown and Hershey, and 45 mins. from Lancaster. The area around the property has experienced a high level of development and growth in recent years, with favorable local government welcoming and inviting new businesses to town. The local Penn State Health/St. Joseph’s Medical Center is expanding, as the nearby AW Golden lot is being converted into a strip mall with a grocery anchor that will bring more businesses into the area as well. Ripe for business, this property is perfect as an investment or for your growing business!