Three-Story Mixed-Use
For Sale
Contact for pricing
Pending
515 Penn St, Reading, PA 19601
Commercial space with a full basement, multiple elevators, and access from both Penn and Court Streets.
Property SizeContact for details
Days on Market142
Property Features for 515 Penn St
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Springer Realty Group
(610) 209-9219
Listed By:
Peter Gustis · License #PA RS295392
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 11:47AM
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 Springer Realty Group
Investment Insights
Based on property information with market context.
Located at 515 Penn St in downtown Reading, this three-story mixed-use property contains approximately 40,000 square feet of retail and commercial space on a .33-acre parcel. The building includes a full basement with multiple vaults, a 40 Ft atrium ceiling, multiple elevators, and a sprinkler system. A new roof is in place, and the layout can accommodate either single-tenant or multi-tenant occupancy.
The property extends between Penn St and Court St, with access from both streets. It falls within the Penn Square Overlay District and the underlying Commercial Core (C-C) district. The Reading Post Office, City Hall, County Offices, Attorney Row, and The Sovereign Center are nearby, with public transportation available on 5th St and several parking garages within walking distance.
The property extends between Penn St and Court St, with access from both streets. It falls within the Penn Square Overlay District and the underlying Commercial Core (C-C) district. The Reading Post Office, City Hall, County Offices, Attorney Row, and The Sovereign Center are nearby, with public transportation available on 5th St and several parking garages within walking distance.
Key Highlights
- Approximately 40,000 square feet of retail and commercial space
- Three‑story building on a .33‑acre property
- Full basement with multiple vaults and a 40 Ft atrium ceiling
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,825
Businesses Nearby
Explore this area
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space with a full basement, multiple elevators, and access from both Penn and Court Streets.
Where is this mixed-use property located?
The property is located at 515 Penn St Reading, PA.
What are key features of this property?
This property features: Approximately 40,000 square feet of retail and commercial space; Three‑story building on a .33‑acre property; Full basement with multiple vaults and a 40 Ft atrium ceiling
