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788 Fritztown Road, Reading, PA 19608
$590,000
788 Fritztown Road, Reading, PA 19608View this property at 788 Fritztown Road, Reading, PA 19608
788 Fritztown RoadReadingPA19608
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Property Description
A great opportunity awaits - seize your chance to secure a profitable investment in this income-generating industrial property. Presently, the property is leased to three well-established tenants, each with written leases in place. These leases come with varying terms, ranging from 1 to 3 years, and will transfer to the new owner. Encompassing an impressive 14,000 square feet of versatile space, this property offers an abundance of room for your business operations or the option to continue reaping the rewards of multiple tenancies. Ample parking facilities are at your disposal, alongside a prime location boasting over 200 feet of road frontage, ensuring exceptional visibility and an ideal environment for your business endeavors. Don't miss out on this unique investment opportunity!
Full Property Details
Full Property Details for 788 Fritztown Rd
General
- Price: $590,000
- Taxes: $8,740 (2023)
- Status: Active
- Type: Warehouse
- MLS ID: PABK2035060
- Updated: 4/23/2024
- Added to Site: 215 day(s) ago
Business
- Business Type: Manufacturing, Storage, Warehouse
Interior
- Flooring: Concrete, Dirt
Parking
- Total Spaces: 16
- Parking Features: Surface, Unassigned, Private
- Parking Type: Parking Lot
Location
- Area: Spring Twp (10280)
- Municipality: SPRING TWP
- County: Berks
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Well
- Utility Description: Cable TV Available, Electric Available, Phone, Propane, Sewer Available
Structural Information
- Construction: Steel Siding
- Roof: Metal
- Drive-In Doors: 4
- Entry Floor Number: 1
- Stories/Levels: 2
- Year Built: 1970
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Street
- Lot Size (Acres): 1.34
- Lot Size (Sq. Ft.): 58,370
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Frontage Feet: 203
- Street/Road Desc.: Black Top
- Lot Features: Interior, Irregular, Level, Open, Road Frontage, SideYard(s), Other
- Zoning: MANUFACTURING, INDUSTRIAL
- Lot Description: Interior, Irregular, Level, Open, Road Frontage, SideYard(s), Other
Financial Considerations
- Price Per Sq. Ft.: $40.47
- Assessment Year: 2023
- School Tax: $6,196
- City/TownTax: $935
- City/TownTax Freq: Annually
- County Tax: $1,609
- County Tax Freq: Annually
- Tax w/Assessment: $210,100
- Tax Amount: $8,740
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Lot Number: 8688
Listed by Keller Williams Elite, Joseph Fisher
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Schools
Schools serving 788 Fritztown Rd
School District:Wilson School District
Rating | Name | Grades | Distance |
---|---|---|---|
301 Sage Dr, Sinking Spg, PA 19608 | K-5 | 1.7 mi | |
3100 Iroquois Ave, Sinking Spg, PA 19608 | 6-8 | 2.1 mi | |
2601 Grandview Blvd, West Lawn, PA 19609 | 9-12 | 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 for 788 Fritztown Rd
Date
Details
Price
Change
Source
3/25/2024
Price Reduced
$590,000
-7.81%
MLS
2/29/2024
Price Reduced
$640,000
-7.25%
MLS
2/08/2024
Price Reduced
$690,000
-9.21%
MLS
11/09/2023
Price Reduced
$760,000
-6.17%
MLS
9/25/2023
Listed
$810,000
138.24%
MLS
12/01/2022
Sold
$340,000
—
Public Record
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 788 Fritztown Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,565
3%
$210,100
—
2022
$8,355
4%
$210,100
—
2021
$8,061
—
$210,100
—
2020
$8,061
3%
$210,100
—
2019
$7,832
-34%
$210,100
-34%
2018
$11,789
2%
$319,000
—
2017
$11,590
3%
$319,000
—
2016
$11,236
1%
$319,000
—
2015
$11,124
1%
$319,000
—
2014
$11,044
—
$319,000
—
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 788 Fritztown Rd
788 Fritztown Road, Reading, PA 19608 (MLS# PABK2035060) is a Warehouse property. 788 Fritztown Road is currently listed for $590,000 and was received on September 25, 2023. Want to learn more about 788 Fritztown Road? 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.