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Former Bank 956 N 9th St 10,251 SF Retail Building Reading, PA 19604 $775,000 ($75.60/SF)
Investment Highlights
- Existing Drive-thru
- Potential for apartment rentals
- Abundant off-street parking
Executive Summary
Former bank branch with an existing two lane drive-thru canopy. Currently there are 28 striped parking spaces. With a reconfiguration of the parking layout and a removal of the drive-thru canopy it could be made to 40+ spaces. The first floor was most recently a bank branch. the space has a high bay lobby type area with unique and rare architectural features. Second and third floors were formerly three apartment units, however have been unoccupied for a number of years and would need a full renovation. There is a separate entrance for those floors.
Visit naikeystone.com for accurate listing info.
Visit naikeystone.com for accurate listing info.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
10,251 SF
Building Class
C
Year Built
1919
Price
$775,000
Price Per SF
$75.60
Tenancy
Single
Building Height
3 Stories
Loading Docks
3 Exterior
Building FAR
0.50
Lot Size
0.47 AC
Zoning
CN
Parking
25 Spaces (5.85 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Banking
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-5307-52-95-9535 | Improvements Assessment | $311,200 |
| Land Assessment | $76,100 | Total Assessment | $387,300 |
Property Taxes
Parcel Number
13-5307-52-95-9535
Land Assessment
$76,100
Improvements Assessment
$311,200
Total Assessment
$387,300
Contacts
-
Kyle McKechnie -
John Buccinno,CCIM SIOR -
NAI Keystone Commercial & Industrial LLC
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