Mixed-Use Building with
For Sale
Contact for pricing
Pending
501 Penn St, Reading, PA 19601
Fully occupied property combines street-level retail with upper-floor office and service space.
Property SizeContact for details
Days on Market141
Property Features for 501 Penn St
General Information
Standard status
Pending
Property subtype
Office
Listing Agency:
Destination Realty LLC
(610) 743-3310
Listed By:
Sean Moretti · License #PA RM421788
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 30 at 5:06PM
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 Destination Realty LLC
Investment Insights
Based on property information with market context.
This historic mixed-use building dates to the late 1700s and contains eight occupied units. Five storefronts are positioned at street level, while three upper-floor suites serve office and service uses. The property includes separate utility systems, with individual HVAC equipment and dedicated gas and electric metering for each unit. An elevator serves the second and third floors, providing access to the upper levels.
Located at 501 Penn St in Reading’s business district, the building is governed by Commercial Core zoning. Commercial use is required on the ground floor, while residential use may be permitted on the upper floors with parking accommodations. The existing configuration supports a blend of retail and professional occupancy within a prominent historic structure.
Located at 501 Penn St in Reading’s business district, the building is governed by Commercial Core zoning. Commercial use is required on the ground floor, while residential use may be permitted on the upper floors with parking accommodations. The existing configuration supports a blend of retail and professional occupancy within a prominent historic structure.
Key Highlights
- Eight fully occupied units: five street‑level retail and three upper‑floor office/service suites
- Historic building constructed in the late 1700s
- Separate utilities with individual HVAC, gas, and electric meters for each unit
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,825
Businesses Nearby
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Business Placement
Demographics for 19601, PA
35,477
Population
14,024
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
73%
High-School Grad
3.8 sq mi
ZIP Area
9,336
Density / Sq Mi
$41,133
Median Household Income
$30,433
Median Earnings
$986
Median Rent
$110,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied property combines street-level retail with upper-floor office and service space.
Where is this mixed-use property located?
The property is located at 501 Penn St Reading, PA.
What are key features of this property?
This property features: Eight fully occupied units: five street‑level retail and three upper‑floor office/service suites; Historic building constructed in the late 1700s; Separate utilities with individual HVAC, gas, and electric meters for each unit
