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851 Penn St, Reading, PA 19601 851 Penn St 4,712 SF 100% Leased Retail Building Reading, PA 19601 $1,205,732 CAD ($255.89 CAD/SF)
Executive Summary
Prime mixed-use investment opportunity at 851 Penn Street in the heart of downtown. This income-producing property features a 3-bedroom, 1-bath residential apartment plus a successful Italian restaurant and bar located just one block from, offering excellent visibility and steady foot traffic. Sale includes an R-liqour license. All buyers must sign an NDA and provide proof of funds prior to showings or receiving financial information. Contact Cristian Batista at (610) 621-7424 for more details or to schedule a private showing.
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,712 SF
Building Class
C
Year Built
1912
Price
$1,205,732 CAD
Price Per SF
$255.89 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
2.38
Lot Size
0.05 AC
Opportunity Zone
Yes
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-5307-84-90-9310 | Improvements Assessment | $51,973 CAD |
| Land Assessment | $33,962 CAD | Total Assessment | $85,935 CAD |
Property Taxes
Parcel Number
08-5307-84-90-9310
Land Assessment
$33,962 CAD
Improvements Assessment
$51,973 CAD
Total Assessment
$85,935 CAD
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Presented by
Realty One Group Alliance
851 Penn St, Reading, PA 19601 | 851 Penn St
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