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2101 Centre Ave
Reading, PA 19605
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 50,000 sf building and a vacant 12,400 sf former credit union
- Currently home to Berks County Intermediate Unit
- Located in the Reading area with 12,500 VPD
- Zoned C-3 in Muhlenberg Township. Road Frontage on Centre Ave.
- 63,890 SF total useable SF
- 80% occupancy
EXECUTIVE SUMMARY
Discover a prime investment opportunity with the property at 2101 Centre Ave, Reading, PA. Boasting 2 free-standing buildings, this commercial asset offers a compelling choice for retail, office, or academic users or investors. Built in 1945 and zoned C-3 which allows for various commercial and retail uses. With an impressive 80% occupancy rate, the site presents a solid income-generating opportunity in a desirable locale. This property's strategic positioning in the Reading area, combined with its strong occupancy rate and versatile zoning, makes it an attractive prospect for retail investors seeking a sound addition to their portfolio.
Visit naikeystone.com for accurate listing info.
Visit naikeystone.com for accurate listing info.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
62,400 SF
Building Class
B
Year Built
1945
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.30
Lot Size
4.83 AC
Zoning
C-3 - C-3 Commercial
Parking
60 Spaces (0.96 Spaces per 1,000 SF Leased)
Frontage
241’ on Centre Ave
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Fenced Lot
- Freeway Visibility
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,138,024 CAD | |
| Land Assessment | $781,643 CAD | Total Assessment | $2,919,667 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$781,643 CAD
Improvements Assessment
$2,138,024 CAD
Total Assessment
$2,919,667 CAD
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