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Medical Office Building with Parking
For Sale
Contact for pricing

120 Prospect Street, Reading, PA 19606

A single-story layout includes wide corridors, shared restrooms, and multiple exterior access points.

Property SizeContact for details
Days on Market8

Property Features for 120 Prospect Street

General Information

Standard status Active
Total Parking Spaces 90
Property subtype Commercial
Zoning C-10 MIXED COMMERCIAL D.
Lease Term 24 Months

Amenities

Natural Gas
1
Yes
5770
Additional Lot(s),Front Yard,Landscaping,Rear Yard,Road Frontage,SideYard(s),Other
Public
0.00 x 0.00
1.79
No
Estimated
Parking Lot,Other
Handicap Parking,Lighted Parking,Paved Parking,Private,Surface
Black Top,Access - On Grade,Other
90
Slab
Assessor
Boro/Township,State

Building Details

Year Built 1960
Listing Agency: High Associates Ltd.
Listed By: Brittany Moody
Source: Thetristaterealestategroup
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 7 at 9:02AM

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 High Associates Ltd.

Investment Insights

Based on property information with market context.

This 1960-built medical office property is arranged on one level, with wide corridors, shared restrooms, and three exterior entrances. Suite areas are listed at 610, 1,017, and 2,275 square feet, with space divisible to 610 square feet. Approximately 8,666 square feet has been leased to date.

The property occupies 1.79 acres and includes 90 paved surface parking spaces, including accessible spaces. Zoning is C-10 Mixed Commercial District.

Key Highlights

  • Single‑story medical office property built in 1960
  • Suite areas of 610, 1,017, and 2,275 square feet; divisible to 610 square feet
  • Approximately 8,666 square feet leased to date

Property Analytics

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Current Use

St Joseph Med ... Medical Clinic PDCS Consultant Dr. Beverly Niehls Pediatrician Alvarium Personal Care, ... Nursing Home Kissinger Staci H Employment Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19606, PA

35,153
Population
14,593
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
26.7 sq mi
ZIP Area
1,317
Density / Sq Mi
$81,872
Median Household Income
$45,583
Median Earnings
$1,282
Median Rent
$229,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • Antietam Valley Animal Hospital — 10 N Prospect St, Reading, PA 19606

Frequently Asked Questions

What type of property is this?
Medical Office Space - A single-story layout includes wide corridors, shared restrooms, and multiple exterior access points.
Where is this medical office space located?
The property is located at 120 Prospect Street Reading, PA.
What are key features of this property?
This property features: Single‑story medical office property built in 1960; Suite areas of 610, 1,017, and 2,275 square feet; divisible to 610 square feet; Approximately 8,666 square feet leased to date
More about this property
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