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$349,000 -$40,000 (-10.28%) Price Reduced
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Property Description
Located along Reading's established Penn Street business corridor near City Park, this approximately 5,500-square-foot commercial property offers an investor the opportunity to own a versatile building with multiple income-producing spaces and a variety of potential uses. The property is currently configured with six commercial units, including a first-floor retail/storefront, four second-floor office suites, and a large open studio-style space on the third floor. The first-floor store includes a small apartment located behind the commercial space. The second floor features four individual office suites with shared bathrooms and vending. The owner currently occupies two of the suites and would like to continue leasing those spaces, providing an opportunity for an investor to maintain an established occupancy arrangement. The third floor offers approximately 900 square feet of open studio-style space, providing flexibility for a variety of professional, creative, office, or service-oriented uses. The space includes its own private bathroom. With multiple commercial spaces, a mix of existing uses, and flexible floor plans, the property offers investors the opportunity to maintain existing occupancy while exploring additional leasing and value-creation opportunities.
Full Property Details
Full Property Details for 912 Penn St
General
- Price: $349,000
- Taxes: $3,060 (2026)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PABK2078826
- Updated: 10/14/2026
- Added to Site: 17 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Parking Features: Public
- Parking Type: On Street, Parking Lot
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Cross Streets: 9Th
- Driving Directions: From 5th and Penn, drive east to 912 Penn
- Location Details: Downtown
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Construction: Brick
- Roof: Flat, Rubber
- Stories/Levels: 3
- Building Size: 5500
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Property View: City
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613
- Lot Size Source: Estimated
- Zoning: COMM RESID AND COMM
Financial Considerations
- Price Per Sq. Ft.: $63.45
- School Tax: $1,189
- City/TownTax: $1,274
- City/TownTax Freq: Annually
- County Tax: $598
- County Tax Freq: Annually
- Tax w/Assessment: $66,300
- Tax Amount: $3,060
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants possessions
- Investment: Yes
- Lot Number: 1161
Listed by RE/MAX Of Reading, Collier Golden
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Schools
Schools serving 912 Penn St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Southern Middle School, Reading, PA 931 Chestnut Street, Reading, PA 19602 | 5-8 | 0.2 mi |
Amanda E Stout Elementary School 321 South 10th Street, Reading, PA 19602 | PK-4 | 0.4 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1 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 912 Penn St
Date
Details
Price
Change
Source
10/14/2026
Price Reduced
$349,000
-10.28%
MLS
9/28/2026
Listed
$389,000
872.5%
MLS
5/13/2019
Sold
$40,000
—
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 912 Penn St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,872
4%
$66,300
—
2025
$1,800
3%
$66,300
—
2024
$1,755
-39%
$66,300
—
2023
$2,898
—
$66,300
—
2022
$2,898
—
$66,300
—
2021
$2,898
1%
$66,300
—
2020
$2,869
—
$66,300
—
2019
$2,869
—
$66,300
—
2018
$2,869
1%
$66,300
—
2017
$2,850
1%
$66,300
—
2016
$2,816
5%
$66,300
—
2015
$2,683
1%
$66,300
—
2014
$2,651
—
$66,300
—
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 912 Penn St
912 Penn Street, Reading, PA 19602 (MLS# PABK2078826) is a Retail property. 912 Penn Street is currently listed for $349,000 and was received on September 28, 2026. Want to learn more about 912 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.

