Retail Strip Mall and
4708 Penn Ave, Reading, PA 19608
Retail strip mall with bank branch for sale.
Property size:
72,214 SFLot size:
7.12 AcresPrice / SF:
$90/SF- Added:
- Jul 17, 2025
- Days on Market:
- 318
- Last Refresh:
- May 25 at 11:06 am
Property Features for 4708 Penn Ave
General Information
- Standard status
- Active
- Size
- 72,214 SF
- Lot size
- 7.12 Acres
Listing agent Kent E Wrobel License #AB067831 (610) 670-2770
Listing office RE/MAX of Reading (610) 670-2770
Listing date Jul 17, 2025
Source Exprealty
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 RE/MAX of Reading
HighLights
- Large vacant space: Approximately 61,316 square feet former furniture store suitable for redevelopment or new tenant.
- High traffic location on Penn Avenue with access via traffic light‑controlled intersection.
- Income‑generating leases: Currently occupied tenant spaces including pack‑and‑mail store, nail salon, restaurant, and tanning salon with long‑term leases.
- Free‑standing 3,200 SF bank branch with drive‑through lanes.
- Substantial 7.12 acre site offering potential for expansion or additional development.
- Infrastructure in place: Individually metered electric service, public water, and sewer.
Overview
The property at 4708 Penn Avenue features two buildings situated on a 7.12-acre site. The strip mall includes five tenant spaces, totaling approximately 72,214 square feet of rentable area. Constructed on a concrete slab with block walls, the roof is a combination of built-up asphalt with gravel ballast over the former furniture store section and rubber roofing over the remaining suites. A vacant, former furniture store occupies roughly 61,316 square feet, subdivided into a showroom, office space, storage room, mechanical rooms, and a loading dock with two rear dock doors. The remaining tenant spaces are currently occupied by a pack-and-mail store, nail salon, restaurant, and tanning salon, all operating under long-term leases. Each unit is equipped with gas-fired, roof-mounted HVAC systems, individually metered electric service, public water, and sewer. Additionally, there is a free-standing bank branch of approximately 3,200 square feet, constructed in 2003, featuring multiple drive-through lanes and convenient access to Penn Avenue. The property benefits from frontage along Penn Avenue and is accessible via a traffic light-controlled intersection, as well as a second entrance along Beacon Road to the east.
Location Intelligence
Current Use by Public Records
ATM
Atm
Tompkins Community Bank
Bank
Similar Places Nearby
- The Big Mill Shopping Center — Greenwich St, Reading, PA 19601
- West Reading Center — 513 Penn Ave, West Reading, PA 19611
- Centro de Nutrición Familiar 722 walnut st Reading pa 19601 — 722 Walnut St, Reading, PA 19601
- Club de Nutrición — 722 Walnut St, Reading, PA 19601, United States
- Crystal Plaza — 537 Penn St, Reading, PA 19601
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -76.046599
- Latitude
- 40.325299
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Retail strip mall with bank branch for sale.
Where is this shopping center located?
The property is located at 4708 Penn Ave Reading, PA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Large vacant space: Approximately 61,316 square feet former furniture store suitable for redevelopment or new tenant.; High traffic location on Penn Avenue with access via traffic light‑controlled intersection.; Income‑generating leases: Currently occupied tenant spaces including pack‑and‑mail store, nail salon, restaurant, and tanning salon with long‑term leases.
