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Downtown Reading Office/Retail Building
For Lease
Contact for pricing

450 Penn St, Reading, PA 19602

Marquis building in downtown Reading with retail/office space.

Space Size15,000 SF - 30,000 SF
Property Size84,283 SF
Days on Market264

Property Features for 450 Penn St

General Information

Standard status Active
Size 15,000 SF - 30,000 SF
Class B
Property subtype Office

Building Details

Building Size 84,283 SF
Year Built 2005

Spaces For Lease

at 450 Penn St Contact us

1st

Size
15,000 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

2nd

Size
30,000 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

3rd

Size
30,000 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: John Buccinno, SIOR CCIM
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:54AM

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 former Santander Call Center is a prominent building situated in the heart of Downtown Reading, showcasing attractive architectural design features and significant curb appeal. The property benefits from wide pedestrian sidewalks in front of the main doors, an attractive lobby, common restrooms, and a multi-car elevator bank. The first floor space is adaptable and can be divided to accommodate either retail or office use. The property is located in the Reading CRIZ district. The building has a total property size of 84283 square feet and is best suited for professional office or retail purposes.

Key Highlights

  • Located in the Reading CRIZ district
  • Marquis building in the heart of Downtown Reading**
  • First floor space can be divided for retail or office use

Property Analytics

Current Use

Santander Global Tech ... (Bike/Boat/Book/etc) Store Santander Bank ATM Atm American Coffee House Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Garden Center (Bike/Boat/Book/etc) Store Locksmith

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,825
Businesses Nearby

Demographics for 19602, PA

19,782
Population
7,907
Households
2.5
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
2.0 sq mi
ZIP Area
9,891
Density / Sq Mi
$38,179
Median Household Income
$30,848
Median Earnings
$978
Median Rent
$73,000
Median Home Value

Market

Lease Benchmarks for Reading, PA

$15.67 /SF/Yr
Avg Asking Price
$13.5–$17 /SF/Yr
Price Range
43,986 SF
Avg Space Size

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 - Marquis building in downtown Reading with retail/office space.
Where is this office building located?
The property is located at 450 Penn St Reading, PA.
What are key features of this property?
This property features: Located in the Reading CRIZ district; Marquis building in the heart of Downtown Reading**; First floor space can be divided for retail or office use
More about this property
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