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505 Penn St
Reading, PA 19601

$2,200,000 USD

Office For Sale • 45,030 SF

Property Details

Property Type Office
Total Building Size 45,030 SF
Lot Size 0.24 AC
Building Class C
Year Built 1908
Cap Rate 4.50 %
Tenancy Multiple
Zoning CC

0 Transit Score

90 Walk Score

                
                    Highlights
                
                                Prominent downtown location
                            
                                Historic building with turn of the century arcitetureal features
                            
                                updated systems, utilities and finishes.  Beautiful and functional!

Financial Summary (Actual)

Net Operating Income: $99,000 USD (2023)

Cap Rate:	4.50 %
Total Expenses:	$95,000 USD

Amenities

24 Hour Access
Bus Line
Basement
Air Conditioning

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Sean Moretti 484-769-3209 Destination Realty

505 Penn St Reading, PA 19601