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Commercial Specialty Property
For Sale
$690,000

518 PENN STREET, Reading, PA 19602

Central air, forced-air heating, and electric water heating serve this property in Reading’s central area.

Property Size19,000 SF
Days on Market10

Property Features for 518 PENN STREET

General Information

Standard status Active
Size 19,000 SF
Zoning COMMERCIAL CORE

Taxes and HOA fees

Annual Taxes $7,387

Amenities

Central Air, Electric
Electric, Forced Air
Electric Water Heater
On Street, Garage, Parking Lot

Building Details

Building Size 19,000 SF
Year Built 1900
Stories 4
Listed By: Cole Golden
Source: Evrealestate
Added: Oct 16 Changed: Oct 24 Last Checked: Oct 24 at 2:37PM

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 Cole Golden

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Investment Insights

Based on property information with market context.

This specialty property at 518 Penn Street dates to 1900 and has central air, electric forced-air heating, and an electric water heater. Its commercial-core zoning supports its classification as a commercial property.

The building is in central Reading, Berks County. Parking options include on-street spaces, a garage, and a parking lot.

Key Highlights

  • Commercial‑core zoning
  • Built in 1900
  • Central air conditioning

Property Analytics

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Current Use

Richie's Bazaar (Bike/Boat/Book/etc) Store One Stop City ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Electrical Service Garden Center Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

2,746
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Specialty property - Central air, forced-air heating, and electric water heating serve this property in Reading’s central area.
Where is this specialty property located?
The property is located at 518 PENN STREET Reading, PA.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Commercial‑core zoning; Built in 1900; Central air conditioning
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