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$995,000
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Property Description
One of the most visible and known buildings in Reading, Pa. This classic is located at the corner of 2nd and Penn Streets, on the main artery into the Downtown Reading area. Incredible architecture dates back to 1896 when this building was built as the Keystone Firehouse. In 1986 the property was dramatically updated and expanded with the addition of a three story modern office structure. Now, at over 22,400 sq. ft. of space, this property is poised to meet a variety of office, retail, service and restaurant type uses. Zoning is CC (Commercial Core) along with PSO (Penn Street Overlay). The building can be used by a single occupant or, given the layout, it would lend itself well to multi-tenant opportunities. Topping it off is a 59 car parking lot providing excellent access for tenants, customers and guests.
Full Property Details
Full Property Details for 200 Penn St
General
- Sold For: $995,000
- Taxes: $26,142 (2025)
- Status: Closed
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PABK2039290
- Added to Site: 856 day(s) ago
Business
- Business Type: Day Care Facility, Health Club, Medical, Other/Genera
Interior
- Flooring: Carpet, Ceramic Tile, Hardwood
Rooms
Bathrooms
- Restrooms: 8
Additional Information
- Security/Safety: Fire Detection System, Security System, Sprinkler System - Indoor
Parking
- Total Spaces: 59
- Parking Features: Lighted Parking, Paved Parking, Private, Surface
- Parking Type: Parking Lot
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Cross Streets: Second
- Driving Directions: Rte. 422 to Penn Street (aka Business 422) Exit. East on Penn Street to property on Right.
- Location Details: Business District
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Brick, Frame, Synthetic Stucco
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt, Shingle, Rubber
- Elevator(s ): 1
- Stories/Levels: 3
- Year Built: 1896
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: City
- Lot Size (Acres): 0.72
- Lot Size (Sq. Ft.): 31,363
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Street/Road Desc.: Black Top
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $69.17
- Assessment Year: 2025
- School Tax: $10,399
- City/TownTax: $10,515
- City/TownTax Freq: Annually
- County Tax: $5,228
- County Tax Freq: Annually
- Tax w/Assessment: $580,000
- Tax Amount: $26,142
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Furniture, Fixtures, Equipment, Inventory and Personalties
- Lot Number: 3046
Listed by RE/MAX Of Reading, Randy L Weidner
Sold by Non Subscribing Office, NON MEMBER
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Schools
Schools serving 200 Penn St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Southwest Ms 300 Chestnut Street, Reading, PA 19602 | 5-8 | 0.3 mi |
Tyson-Schoener El School 315 South 5th Street, Reading, PA 19602 | PK-4 | 0.5 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 200 Penn St
Date
Details
Price
Change
Source
7/31/2025
Sold
$995,000
-35.81%
MLS
10/17/2024
Price Reduced
$1,550,000
-6.06%
MLS
2/02/2024
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
200 Penn Street, Reading, PA 19602 (MLS# PABK2039290) is a Retail property that was sold at $995,000 on July 31, 2025. Want to learn more about 200 Penn Street? Do you have questions about finding other Retail real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

