UPDATED:
10/31/2024 05:58 AM
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 35,000 sqft
Price per Sqft $22
MLS Listing ID PABK2049488
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $7,535
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 0.00 x 0.00
Property Description
Discover a rare chance to own this impressive 35,000 square foot former factory building, now available for sale in the heart of Reading, Pennsylvania! This versatile, three-story commercial property, complete with possible basement parking, offers significant potential for redevelopment into multifamily housing or unique commercial spaces. Located at 506 N 12th St, this property combines historical charm with modern structural stability, making it a prime opportunity for investors or developers.
Property Highlights:
•
Location
State PA
County Berks
Area Reading City (10201)
Zoning R-3
Interior
Hot Water None
Heating None
Cooling None
Flooring Hardwood
Inclusions None
Equipment None
Heat Source None
Exterior
Garage Spaces 12.0
Utilities Available Electric Available, Cable TV Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
View City
Roof Type Cool/White,Rubber
Street Surface Black Top
Accessibility None
Road Frontage City/County
Total Parking Spaces 12
Garage N
Building
Lot Description Corner, Road Frontage, Sloping, Zero Lot Line
Foundation Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Northeast
School District Reading
Others
Tax ID 11-5317-62-13-5169
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
GET MORE INFORMATION