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    415 Gregg Ave Reading, PA 19611

    For Sale
    $400,000

    4,860 SF Flex Space - $400,000

    Property size:
    4,860 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 4,860-square-foot industrial flex building presents a unique investment opportunity in Reading, PA. Situated on a 0.18-acre lot, the property offers versatile space currently configured as a cold storage refrigeration facility. However, its adaptable design makes it ideal for a variety of uses, including manufacturing, warehousing, or general flex space. The building features one convenient loading dock, simplifying logistics and material handling. The asking price is $400,000, representing a compelling value for a property of this size and functionality in a desirable location. The existing cold storage infrastructure could be easily repurposed or removed to suit the needs of a new owner. This presents a chance to acquire a well-located industrial property with significant potential for customization and immediate occupancy. The property's size and layout offer flexibility for businesses seeking efficient operations and strategic expansion. Its location in Reading provides access to key transportation routes and a skilled workforce. This is an excellent opportunity for owner-occupiers or investors seeking a strong return on investment in a thriving market. The property's adaptability and prime location make it an attractive prospect for a wide range of industrial and commercial enterprises. Serious inquiries are encouraged to explore the full potential of this versatile and well-priced industrial building.

    Property Features for 415 Gregg Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    4,860 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1997
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.93663
    Latitude
    40.32147

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    FAQs

    What type of property is this?
    Industrial property - 4,860 SF Flex Space - $400,000
    Where is this industrial property located?
    The property is located at 415 Gregg Ave Reading, PA.
    What is the asking price?
    The asking price for this property is $400,000.
    (717) 344-5577
    Request Owner's contact information
    415 Gregg Ave Reading, PA 19611
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    Reading, PA 19611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    415 Gregg Ave Reading, PA 19611
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