Downtown Reading Office
For Lease
$15.50 SF/Yr
50 N 5th St, Reading, PA 19601
Professionally managed office building with on-site parking in downtown Reading.
Space Size3,641 SF - 4,550 SF
Property Size52,000 SF
Days on Market271
Property Features for 50 N 5th St
General Information
Standard status
Active
Size
3,641 SF - 4,550 SF
Class
B
Property subtype
Office
Lease Term
MG
Building Details
Building Size
52,000 SF
Year Built
1964
Spaces For Lease
at 50 N 5th St Contact us- Size
- 3,641 SF
- Type
- Office Building
- Term
- Negotiable
- Rate
- Contact for pricing
3rd Floor
- Size
- 4,550 SF
- Term
- Negotiable
4th Floor $15.50/SF/Yr
Listing Agency:
(610) 370-8522
Listed By:
Kyle McKechnie, SIOR
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kyle McKechnie, SIOR
Investment Insights
Based on property information with market context.
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.
Key Highlights
- On‑site parking in a lower level parking garage.
- Professionally managed office building.
- Located in the commercial core of downtown Reading.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,904
Businesses Nearby
Explore this area
Business Placement
Demographics for 19601, PA
35,477
Population
14,024
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
73%
High-School Grad
3.8 sq mi
ZIP Area
9,336
Density / Sq Mi
$41,133
Median Household Income
$30,433
Median Earnings
$986
Median Rent
$110,700
Median Home Value
Market
Lease Benchmarks for Reading, PA
$15.67 /SF/Yr
Avg Asking Price
$13.5–$17 /SF/Yr
Price Range
26,066 SF
Avg Space Size
This space is priced 1% below the average of $15.67 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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 $15.50 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.
