$600,000
$595,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
12,000 SqFt
SOLD DATE : 07/08/2024
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $50
MLS Listing ID PABK2041036
Sold Date 07/08/24
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $11,760
Tax Year 2022
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 28*100
Property Description
503 Penn St - This historic building was completely renovated in 2016 and includes all the modern amenities you'd expect in new construction. Add to that the interesting historical aspects including exposed brick walls, huge windows overlooking Penn Square and an open pub / entertainment venue on the first and second floors. Perfect for an owner occupant or investor, the utilities are separated and each floor has and pays for it's own system! The first and second floors are set up as a walk in bar space with doors that open to the sidewalk, and a balcony on the second floor overlooking the entrance area. The third floor is occupied by Berks Arts, a community Council formed in 1969, and focuses on promoting the arts in the Greater Reading and Berks County. Creating and supporting visual and performing arts events. The fourth floor is open and available for an owner or another tenant. The building is served by a modern elevator that stops an all 5 levels. (basement, through the 4th floor). Fully sprinklered and monitored this is truly a safe and desirable property. Call today to schedule your walk through.
Location
State PA
County Berks
Area Reading City (10201)
Zoning C-C
Interior
Hot Water Natural Gas, Electric
Cooling Central A/C
Flooring Wood
Equipment None
Heat Source Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Cable TV Available, Under Ground
Waterfront N
Water Access N
View City, Street
Roof Type Rubber
Accessibility None
Road Frontage Boro/Township
Parking Type On Street
Garage N
Building
Lot Description Road Frontage, Level, Zero Lot Line
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Reading
Others
Tax ID 07-5307-83-70-9337
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Sean H Moretti • Destination Realty LLC
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