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625-627 Spring St Reading, PA 19610

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For Sale
$3,990,000

Spacious office/warehouse, strong tenants

Property size:
26,860 SF

Property Features for 625-627 Spring St

General Information

Property type
Office Properties & Spaces
Square Feet
26,860 SF
Lot Size
137,214 SF

Building Details

Year Built
1975

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Listing Contact
Kent Wrobel
Kent Wrobel

Listing Agency: RE/MAX Of Reading Listing Agent: Kent Wrobel

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a 26,860-square-foot commercial property situated on a 3.15-acre lot at 625-627 Spring Street in Reading, Pennsylvania. The property comprises a substantial 22,060-square-foot office/medical space and an attached 4,800-square-foot warehouse. This well-established property boasts a strong tenant base, with KPS and FMC occupying their respective suites since August 1996. Both tenants recently extended their leases, demonstrating a long-term commitment to the location and highlighting the property's desirability. The nature of Fresenius Medical Care's business provides a degree of recession-resistance, offering investors a stable and reliable income stream. The property is being offered as a leaseback sale, providing a seamless transition for the current owner and a secure investment for the new owner. The location in Reading, PA offers excellent access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained, income-producing property with established, long-term tenants in a desirable location. The asking price is $3,990,000. Detailed financial information and lease agreements are available upon request.
Property Profile Location Intelligence

Current Use by Public Records

Office Properties & Spaces

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Reading
County
Berks
State
Pennsylvania
Longitude
-75.96323
Latitude
40.3469

FAQs

What type of property is this?
Office Property / Space - Spacious office/warehouse, strong tenants
Where is this office property / space located?
The property is located at 625-627 Spring St Reading, PA.
What is the asking price?
The asking price for this property is $3,990,000.
More about this property
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