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701 Bingaman St 16,000 SF 100% Leased Industrial Building Reading, PA 19602 $699,000 ($43.69/SF)
Investment Highlights
- 16,000 SF mixed-use commercial property with warehouse, office, and restaurant space
- Existing restaurant tenant provides additional income potential
- Located just blocks from Reading’s historic Franklin Street Station and near downtown Reading
- Large overhead doors, high ceilings, fenced yard, and on-site parking
- Recent improvements include a newer roof, newer gas forced-air heat, newly built office space, and camera security system
Executive Summary
Now available in Reading: 701 Bingaman Street, a 16,000 sq ft mixed-use commercial property offering warehouse space, newly built office space, fenced yard/parking, and an existing restaurant tenant. The warehouse features large open areas, high ceilings, large overhead doors, and flexible functionality for storage, distribution, contractors, light industrial use, equipment storage, or other commercial operations. Recent improvements include a newer roof, newer gas forced-air heat, newly built office space, and a new camera security system. The restaurant tenant adds an income-producing component, while the fenced yard and parking area provide additional utility for vehicles, deliveries, or exterior storage. Located just blocks from Reading’s historic Franklin Street Station, the property sits near an area that may benefit from future transportation momentum as efforts continue to restore passenger rail service between Reading and Philadelphia. Buyer to verify permitted uses, zoning, square footage breakdown, and future rail plans independently. A versatile opportunity for an owner-user, investor, or business seeking a large commercial asset in Reading.
Property Facts
Amenities
- Fenced Lot
- Restaurant
- Security System
- Storage Space
- Smoke Detector
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Exceptionally walkable
100/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02-5306-36-98-0502 | Improvements Assessment | $54,200 |
| Land Assessment | $36,000 | Total Assessment | $90,200 |
Property Taxes
Parcel Number
02-5306-36-98-0502
Land Assessment
$36,000
Improvements Assessment
$54,200
Total Assessment
$90,200
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701 Bingaman St
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