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    147 North 5Th Street Hwy Reading, PA 19601

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    For Lease
    $13 SF/Yr ($13,500 /Mo)

    High-profile office building in downtown Reading with heated parking.

    Property size:
    12,000 SF
    Lot size:
    12,000 SF

    Property Features for 147 North 5Th Street Hwy

    General Information

    Size
    12,000 SF

    Source: Kyle McKechnie, SIOR Agent Kyle McKechnie, SIOR

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

    Overview

    Renovated Office Building with Parking

    This office building, situated in a high-profile location, underwent a complete renovation in 2020. The property features an attached heated parking garage. It is located in downtown Reading, Pennsylvania, on North 5th Street, between Washington and Walnut Streets. The property size is 12000 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.926619
    Latitude
    40.364471

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    FAQs

    What type of property is this?
    Office building - High-profile office building in downtown Reading with heated parking.
    Where is this office building located?
    The property is located at 147 North 5Th Street Hwy Reading, PA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Fully renovated in 2020; - High profile location; - Attached heated parking garage
    (610) 370-8522
    Request Owner's contact information
    147 North 5Th Street Hwy 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
    147 North 5Th Street Hwy Reading, PA 19601
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