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Four-Floor Office Building
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505 Penn St, Reading, PA 19601

Office building in the CRIZ district with CC–Center Core zoning and multiple floors.

Property Size28,750 SF
Price / SF$66.09
Days on Market445

Property Features for 505 Penn St

General Information

Standard status Active
Size 28,750 SF
Total Parking Spaces 10
Property subtype OFFICE
Zoning CC

Building Details

Buildings 1
Stories 4
Building Size 28,750 SF
Tenancy Multi
Listing Agency: NAI Keystone Commercial & Industrial, LLC
Listed By: John Buccinno · License #AB066056
Source: Moodyscre
Added: May 14, 2025 Changed: Jul 30 Last Checked: Jul 31 at 1:16PM

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 NAI Keystone Commercial & Industrial, LLC

Investment Insights

Based on property information with market context.

This four-floor office building totals 28,750 SF. The property is supported by an adjacent parking lot with 6 spaces and a rear parking garage with 4 spaces, helping accommodate tenants and visitors. Zoning is CC, Center Core, supporting a center-focused office use.

Located at 505 Penn St in Reading, PA 19601, the building is also situated within the CRIZ district. This combination of zoning and district placement may be relevant for office operators evaluating compliant use and local development requirements.

The configuration is straightforward: a multi-level office structure with dedicated parking support through both an adjacent lot and a rear garage.

Key Highlights

  • 28,750 SF total building size
  • Four floors
  • Adjacent parking lot with 6 spaces

Property Analytics

Current Use

Liberty Environmental Inc Environmental Consultant Recovery Coaching Services, ... Medical Clinic Diversified Family Interventions Counselor Mrs. Pamela Spellman Counselor Capstone Commercial Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Skin Care Clinic Garden Center Computer & Electronic Repair

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,893
Businesses Nearby

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building in the CRIZ district with CC–Center Core zoning and multiple floors.
Where is this office building located?
The property is located at 505 Penn St Reading, PA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 28,750 SF total building size; Four floors; Adjacent parking lot with 6 spaces
(610) 370-8508 Call to check price and availability
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