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$625,000 -$70,000 (-10.07%) Price Reduced

  • For Sale
  • Active
  • Commercial Institutional
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Presently being used by a local non profit this space is comprised of a number of separate offices; a large eating area and kitchen; exercise area and large meeting room. The upper two floors are basically unused space with a lot of potential as offices, storage or more. The main floor and basement level are heated and the main floor is air conditioned, however presently the second and third floors are not. A large commercial service elevator goes to floors 2 and 3 to transport large items. Best used by a local organization that would have lots of foot traffic as there is parking on the street or available in city parking spaces. For you to view this valuable and historic property please contact Phil Macaronis or Randy Weidner for your private showing.

Full Property Details for 527 Franklin St

General

  • Price: $625,000
  • Taxes: $6,590 (2025)
  • Status: Active
  • Type: Commercial Institutional
  • Source: BrightMLSPhilly
  • MLS ID: PABK2065544
  • Updated: 5/27/2026
  • Added to Site: 199 day(s) ago

Business

  • Business Type: Institutional

Interior

  • Flooring: Hardwood

Rooms

Bathrooms

  • Restrooms: 2

Parking

  • Total Spaces: 4
  • Parking Type: On Street, Parking Lot

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: BERKS
  • Cross Streets: Pearl St
  • Driving Directions: From Penn St turn South onto 5th St to left onto Franklin St. building on the left
  • Historic District: Yes

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Drive-In Doors: 1
  • Drive-In Clearance: 12' to 15'
  • Entry Floor Number: 1
  • Elevator(s ): 1
  • Stories/Levels: 3
  • Building Size: 18000
  • Year Built: 1900
  • Year Built Source: Estimated
  • Property Condition: Average

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,969
  • Lot Size Source: Assessor
  • Zoning: COMMERCIAL

Financial Considerations

  • Price Per Sq. Ft.: $34.72
  • Assessment Year: 2025
  • School Tax: $2,621
  • City/TownTax: $2,650
  • City/TownTax Freq: Annually
  • County Tax: $1,318
  • County Tax Freq: Annually
  • Tax w/Assessment: $146,200
  • Tax Amount: $6,590
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 1669

Listed by RE/MAX Of Reading, Philip N Macaronis and RE/MAX Of Reading, Randy L Weidner

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Listing agents

— 527 Franklin St —

  • Philip N Macaronis

    RE/MAX Of Reading

  • Randy L Weidner

    RE/MAX Of Reading

Listing Office Email: info@goberkscounty.com

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 527 Franklin St

School District:Reading School District
NameGradesDistance
Tyson-Schoener El School
315 South 5th Street, Reading, PA 19602
PK-40.3 mi
Southwest Ms
300 Chestnut Street, Reading, PA 19602
5-80.3 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121.3 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 527 Franklin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/27/2026
Price Reduced
$625,000
-10.07%
MLS
11/13/2025
Listed
$695,000
—
MLS
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 527 Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,968
3%
$146,200
—
2024
$3,870
-39%
$146,200
—
2023
$6,391
—
$146,200
—
2022
$6,391
—
$146,200
—
2021
$6,391
1%
$146,200
—
2020
$6,327
—
$146,200
—
2019
$6,327
—
$146,200
—
2018
$6,327
1%
$146,200
—
2017
$6,285
1%
$146,200
—
2016
$6,209
5%
$146,200
—
2015
$5,917
1%
$146,200
—
2014
$5,845
—
$146,200
—
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.

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*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

Listed by RE/MAX Of Reading, Philip N Macaronis and RE/MAX Of Reading, Randy L Weidner

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527 Franklin Street, Reading, PA 19602 (MLS# PABK2065544) is a Commercial Institutional property. 527 Franklin Street is currently listed for $625,000 and was received on November 13, 2025. Want to learn more about 527 Franklin Street? Do you have questions about finding other Commercial Institutional real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

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