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    50 N 5Th St Reading, PA 19601

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    For Lease
    $15 SF/Yr

    Professionally managed office building with on-site parking in downtown Reading.

    Property size:
    52,000 SF
    Lot size:
    52,000 SF

    Property Features for 50 N 5Th St

    General Information

    Size
    52,000 SF

    Building Details

    Year built
    1964

    Source: Kyle McKechnie, SIOR Agent Kyle McKechnie, SIOR

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

    Overview

    Downtown Reading Office Building

    Located in the commercial core of downtown Reading, 50 N. 5th Street is a professionally managed office building. The property provides on-site parking in a lower level parking garage, as well as a metered lot for guests, with parking terms negotiable with the lease. This walkable downtown location is one block from Penn Street and offers a convenient option for office space in the city. The property size is 52000 square feet.
    Location Intelligence

    Current Use by Public Records

    Barley Snyder Attorney Liever, Hyman & Potter Personal Injury Attorney Hernandez Home Healthcare Home Health Care Service M&T Bank Bank Berks County Senior ... Senior Citizen Center

    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
    -75.927919
    Latitude
    40.336437

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    FAQs

    What type of property is this?
    Office building - Professionally managed office building with on-site parking in downtown Reading.
    Where is this office building located?
    The property is located at 50 N 5Th St Reading, PA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - On-site parking in a lower level parking garage.; - Professionally managed office building.; - Located in the commercial core of downtown Reading.
    (610) 370-8522
    Request Owner's contact information
    50 N 5Th St Reading, PA 19601
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    Reading, PA 19601
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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
    50 N 5Th St Reading, PA 19601
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