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200 Penn Street, Reading, PA 19602
$1,650,000
200 Penn Street, Reading, PA 19602View this property at 200 Penn Street, Reading, PA 19602
200 Penn StreetReadingPA19602
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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
- Price: $1,650,000
- Taxes: $25,355 (2022)
- Status: Active
- Type: Retail
- MLS ID: PABK2039290
- Updated: 2/2/2024
- Added to Site: 90 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.: $73.63
- Assessment Year: 2023
- School Tax: $10,399
- City/TownTax: $10,515
- City/TownTax Freq: Annually
- County Tax: $4,441
- County Tax Freq: Annually
- Tax w/Assessment: $580,000
- Tax Amount: $25,355
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: Furniture, Fixtures, Equipment, Inventory and Personalties
- Lot Number: 3046
Listed by RE/MAX Of Reading, Randy L Weidner
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Schools
Schools serving 200 Penn St
School District:Reading School District
Rating | Name | Grades | Distance |
---|---|---|---|
315 S 5th St, Reading, PA 19602 | K-5 | 0.4 mi | |
Southwest Middle School
300 Chestnut St, Reading, PA 19602 | 6-7 | 0.3 mi | |
801 N 13th St, Reading, PA 19604 | 10-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes 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
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.
Tax History
Tax History for 200 Penn St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$25,355
—
$580,000
—
2022
$25,355
—
$580,000
—
2021
$25,355
1%
$580,000
—
2020
$25,100
—
$580,000
—
2019
$25,100
—
$580,000
—
2018
$25,100
2%
$580,000
—
2016
$24,633
-1%
$580,000
—
2017
$24,935
6%
$580,000
—
2015
$23,473
1%
$580,000
—
2014
$23,189
—
$580,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 200 Penn St
200 Penn Street, Reading, PA 19602 (MLS# PABK2039290) is a Retail property. 200 Penn Street is currently listed for $1,650,000 and was received on February 02, 2024. 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.