Search For Homes

Save
Ask
Tour
Hide
Share
$790,000
432 Days Online

501 Penn Street
Reading, PA 19601

For Sale|Commercial|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1793
Built
County:
Berks

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 717-585-4522
Is this the home for you? We can help make it yours.
717-585-4522
501 Penn Street501 Penn Street501 Penn Street501 Penn Street
Save
Ask
Tour
Hide
Share

Built in the late 1700's, this Historic Building is located at the Center of Reading's Business District. Great visibility, excellent location. The mostly occupied, diverse tenant mix includes 8 units: five retail at street level, three on the upper floors operating as office and service providers. Utilities are separated and each unit has their own HVAC , gas and electric meters. Owner expenses are very manageable. Buy today, collect rent tomorrow! The second and third floors are serviced by an elevator, allowing access to everyone. Regarding residential conversion: the commercial core zoning of this building requires commercial use on the ground level, but allows for residential use on the upper floors (with parking accommodations.) See the attached CC Zoning doc as well as floor plans. Easy to show with preferred 36 hours notice, come on out!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$790,000
Days Online 
432 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1793
MLS® Number 
PABK2026384
Status 
Active Under Contract
Property Tax 
$9,998
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
a week agoStatus changed to Active Under Contract
4 months agoStatus changed to Active
4 months agoPrice changed to $790,000
5 months agoStatus changed to Pending
See 7 more
General Features
Water 
Public
Sewer 
Public Sewer
Utilities 
Sewer AvailableWater Available
Parking 
PublicUnassigned
Foundation 
BlockStone
Construction Materials 
BrickMasonry
Zoning 
CC
Acceptable Financing 
ConventionalCashNegotiable
Interior Features
Flooring 
HardwoodCarpetLaminate PlankPartially CarpetedOther
Heating 
Heat Pump - Gas BackUp
Cooling 
None
Central Air 
No
Save
Ask
Tour
Hide
Share
Exterior Features
View 
CityStreet
Road 
Paved
Lot Features 
LevelRoad FrontageZero Lot Line
Roof 
Flat
Community Features
Accessibility Features 
32"+ wide Doors36"+ wide Halls48"+ HallsElevator
Listing courtesy of Destination Realty LLC (610) 743-3310



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share