Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,250,000 Just Listed

  • For Sale
  • Active
  • Warehouse
See This Home
Save This Home
See This Home
Save This Home
525 Penn Street in Reading City is located on the heaviest traveled block within the city. This building is situated one block off of the Berks County Court house and Santander Arena. Most outside public events throughout the year are held on the 500 block. 525 Penn St. building has a total of 6 units, 4 units are leased, generating incoming with a cap rate over 8%. The building itself is located in the Commercial-Core, historic district of Reading. The roof has been replaced in the past two years, and each unit has its own central air/heat system, for easy utility billing. Downtown Penn St. has recently added Alvernia University to the 400 block, and a new state of the art hospital is scheduled to be coming to the American House on the corner of the 300 block. In the past few weeks, several sections of the 400 block have been purchased and the improvement and revitalization of Penn St has accelerated. The benefits of 525 Penn St. is that the property is turnkey and incoming generating, leaving no delay for a build out or renovation process. This property is ahead of the rest and is located among the best. All documents available to show you the analytics of success this building has to offer.

Full Property Details for 525 Penn St

General

  • Price: $1,250,000
  • Taxes: (2025)
  • Status: Active
  • Type: Warehouse
  • Source: BrightMLSPhilly
  • MLS ID: PABK2068944
  • Updated: 3/4/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Flex, Institutional, Medical, Other/General Retail, Pr

Interior

  • Flooring: Ceramic Tile, Hardwood, Laminated, Luxury Vinyl Plank, Carpet, Wood

Rooms

Bathrooms

  • Restrooms: 8

Parking

  • Parking Features: Paved Parking, Public
  • Parking Type: On Street, Public Garage, Other

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: BERKS
  • Driving Directions: crossing Penn St bridge, go straight through 3 traffic lights and building is in the middle on the left of 500 block of Penn St.
  • Traffic Count: Greater than 30000

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electric Available, Cable TV Available, Phone Available, Sewer Available, Water Available

Structural Information

  • Construction: Brick, Cement Siding, Stone, Wood Siding
  • Foundation: Stone, Concrete Perimeter
  • Roof: Flat, Rubber
  • Doors: Double Entry
  • Entry Floor Number: 1
  • Elevator(s ): 1
  • Stories/Levels: 5
  • Building Size: 14837
  • Year Built: 1880
  • Year Built Source: Estimated
  • Property Condition: Very Good

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Size Source: Assessor
  • Zoning: C-C COMMERCIAL CORE

Financial Considerations

  • Price Per Sq. Ft.: $84.25
  • Operating Expenses: $33,317
  • Tax Year: 2025
  • Owner Pays: Water, Sewer

Disclosures and Reports

  • Ownership: Fee Simple
Buyer's Brokerage Compensation: 3%
Not binding unless confirmed by separate agreement among applicable parties.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Meet the listing agent

Meet the listing agent
— 525 Penn St —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 525 Penn St

School District:Reading School District
NameGradesDistance
Lauers Park El School
251 North 2nd Street, Reading, PA 19601
PK-40.4 mi
Southwest Ms
300 Chestnut Street, Reading, PA 19602
5-80.4 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 525 Penn St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2026
Listed
$1,250,000
247.22%
MLS
7/31/2007
Sold
$360,000
—
Public Record
Get Price Alerts and Save Property
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 for 525 Penn St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,482
3%
$238,800
—
2024
$6,322
-39%
$238,800
—
2023
$10,439
—
$238,800
—
2022
$10,439
—
$238,800
—
2021
$10,439
1%
$238,800
—
2020
$10,334
—
$238,800
—
2019
$10,334
—
$238,800
—
2018
$10,334
1%
$238,800
—
2017
$10,266
1%
$238,800
—
2016
$10,142
5%
$238,800
—
2015
$9,664
1%
$238,800
—
2014
$9,547
—
$238,800
—
View All
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 for 525 Penn St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Similar Properties near 525 Penn St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2200 N 11th St, Reading, PA 19604 - Photo 1
$1,139,000

2200 N 11th St  Reading, PA 19604

  • Warehouse
  • Active
Listed by Skye Real Estate, LLC, Ashley K. Brewer
426 Warren St, Reading, PA 19601 - Photo 1
$1,099,426

426 Warren St  Reading, PA 19601

  • Warehouse
  • Active
Listed by Atlas Land and Homes, Israel Gonzalez and Atlas Land and Homes, Marcus Gonzalez
0 Snyder Rd, Reading, PA 19605 - Photo 1
$1,250,000

0 Snyder Rd  Reading, PA 19605

  • Warehouse
  • Active
Listed by RE/MAX Of Reading, Kent E Wrobel

Just Listed near 525 Penn St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1318 Reading Blvd, Wyomissing, PA 19610 - Photo 1 Just Listed
$450,000

1318 Reading Blvd  Wyomissing, PA 19610

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,816
    Sq. Ft.
Listed by BHHS Homesale Realty- Reading Berks, Loretta Leibert
1199 Reading Blvd, Wyomissing, PA 19610 - Photo 1 Just Listed
$1,549,000

1199 Reading Blvd  Wyomissing, PA 19610

  • Single Family
  • Active
  • Updated 3 days ago
  • 6
    Beds
  • 5
    Total Baths
  • 9,500
    Sq. Ft.
Listed by RE/MAX Of Reading, Eric J Miller
605 Byram St, Pennside, PA 19606 - Photo 1 Just Listed
$230,000

605 Byram St  Pennside, PA 19606

  • Single Family
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,075
    Sq. Ft.
Listed by Real of Pennsylvania
149 Bitting Rd, Alburtis, PA 18011 - Photo 1 Just Listed
$535,000

149 Bitting Rd  Alburtis, PA 18011

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,216
    Sq. Ft.
Listed by Navarre and Associates, Christopher B King

Price Reduced near 525 Penn St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

[Address not provided], West Reading, PA 19611 - Photo 1 Price Reduced
-$30,500 (-20.4%)
$119,000

[Address not provided]  West Reading, PA 19611

  • Business
  • Active
Listed by NextHome Legacy Real Estate, Vincent Rollins
81 Valley View Rd, Birdsboro, PA 19508 - Photo 1 Price Reduced
-$5,000 (-6.26%)
$74,900

81 Valley View Rd  Birdsboro, PA 19508

  • Mobile Home
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 840
    Sq. Ft.
Listed by RE/MAX Of Reading, Dave Decembrino
335 Main St, Leesport, PA 19533 - Photo 1 Price Reduced
-$10,000 (-3.71%)
$259,900

335 Main St  Leesport, PA 19533

  • Single Family
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 2,272
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices Homesale Realty, Donna L Strenko
4 Joseph Ave, Birdsboro, PA 19508 - Photo 1 Price Reduced
-$5,250 (-3.9%)
$129,500

4 Joseph Ave  Birdsboro, PA 19508

  • Mobile Home
  • Active
  • Updated 11 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,056
    Sq. Ft.
Listed by United Real Estate Strive 212, Michael VAVRECK

525 Penn Street, Reading, PA 19601 (MLS# PABK2068944) is a Warehouse property. 525 Penn Street is currently listed for $1,250,000 and was received on March 04, 2026. This property is listed by Jason Miller from our Wyomissing Office.Want to learn more about 525 Penn Street? Do you have questions about finding other Warehouse real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

Tour this property