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526 Penn Street, Reading, PA 19602

$330,000

  • Sold
  • Closed
  • Commercial
526 Penn Street, Reading, PA 19602View this property at 526 Penn Street, Reading, PA 19602
526 Penn StreetReadingPA19602
Map & Location
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Property Description
The Heart of Reading has a great history of shopping, retail, and service businesses all along Penn Street. This property, located at 526 Penn Street, has had a big role in that history, as Kresges Department store and bargain basement. Although currently occupied by long term tenants, a Vision Center, and a Medical practice, there remains an opportunity to develop the lower level, the rear of the property, and about 1800 sf of the second floor. Reading's downtown is undergoing a revitalization, be a part of it and bring your business here!

Full Property Details for 526 Penn Street

General

  • Sold For: $330,000
  • Taxes: $7,128 (2018)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 1000447951
  • Added: 1, 116 day(s) ago

Business

  • Business Type: Commercial, Professional/Office, Retail, Investment, M
  • Includes: Land Only

Parking

  • Parking Features: Public, Street
  • Parking Type: On Street

Location

  • Area: Reading City (10201)
  • County: Berks
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: 5Th
  • Driving Directions: Located mid block of Penn St between 5th and 6th on the South side.
  • Direction Faces: North
  • Location Details: Downtown

Heating & Cooling

  • Water Heater: Electric

Structural Information

  • # Buildings: 1
  • Architectural Info: Other
  • Construction: Mixed Plumbing
  • Roof: Flat, Rubber
  • Stories/Levels: 0
  • Finished Above Grnd: 10,000 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Dimensions: IRREGULAR
  • Topography: Level
  • Zoning: CC

Financial Considerations

  • Price Per Sq. Ft.: $33
  • Tax w/Assessment: $164,700
  • Tax Amount: $7,128
  • Tax Year: 2018

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 1061

Listed by Destination Realty LLC, Sean H Moretti
Sold by RE/MAX Of Reading, Cynthia Oswald

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Schools

Schools serving 526 Penn Street

School District:Reading School District
Score
Name
Grades
Distance
2
315 S 5th St, Reading, PA 19602
PK-5
0.3 mi
2
300 Chestnut St, Reading, PA 19602
6-7
0.3 mi
1
215 North 12th Street, Reading, PA 19604
8-9
0.8 mi
3
801 N 13th St, Reading, PA 19604
10-12
1.3 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

Price & Sales History for 526 Penn Street

Date
Details
Price
Change
Source
5/08/2018
Sold
$330,000
-5.44%
MLS
7/03/2015
Listed
$349,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Community Info

Community Info for 526 Penn Street

Listed by Destination Realty LLC, Sean H Moretti
Sold by RE/MAX Of Reading, Cynthia Oswald

526 Penn Street, Reading, PA 19602 (MLS# 1000447951) is a Commercial property that was sold at $330,000 on May 08, 2018. Want to learn more about 526 Penn Street? Do you have questions about finding other Commercial real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.