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Two-Story Building with Main Street Frontage
For Sale
$975,000

700 Lancaster Ave, Reading, PA 19607

13,000 SF building with flexible floor plan for sale.

Property Size13,000 SF
Price / SF$75
Days on Market146

Property Features for 700 Lancaster Ave

General Information

Standard status Active
Size 13,000 SF
Class B
Property subtype Office

Building Details

Building Size 13,000 SF
Year Built 1940
Listing Agency:
Listed By: John Buccinno, SIOR CCIM
Source: Naikeystone
Added: Apr 1 Changed: Aug 23 Last Checked: Aug 24 at 4:07AM

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 John Buccinno, SIOR CCIM

Investment Insights

Based on property information with market context.

This 13,000 square foot building features two floors. The main level, comprising approximately 9,500 square feet, is currently vacant and suitable for immediate occupancy by a user or tenant. It was previously used as a special needs educational facility. The street level, which measures approximately 3,500 square feet, is currently leased to an art school on a month-to-month basis. The property benefits from excellent visibility due to its frontage on Main Street and offers ample off-street parking. The building's flexible floor plan allows for various potential uses.

Key Highlights

  • 9,500 SF vacant main level ready for immediate use or tenant.
  • Owner financing available.
  • Excellent visibility with Main Street frontage.

Property Analytics

Current Use

Reading Mortgage Corporation Loan Service The Warehouse Studios Art Studio Sandra Kaye Studios ... Art Gallery

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Daycare Center (Bike/Boat/Book/etc) Store Garden Center

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

464
Businesses Nearby

Demographics for 19607, PA

23,431
Population
10,177
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
11.2 sq mi
ZIP Area
2,092
Density / Sq Mi
$80,550
Median Household Income
$46,953
Median Earnings
$1,283
Median Rent
$210,800
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Office building - 13,000 SF building with flexible floor plan for sale.
Where is this office building located?
The property is located at 700 Lancaster Ave Reading, PA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 9,500 SF vacant main level ready for immediate use or tenant.; Owner financing available.; Excellent visibility with Main Street frontage.
More about this property
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