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    Renovated Office Building Suites Title is generated by Realmo AI

    540 Court Street, Reading, PA 19601

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    For Sale
    $375,000

    Completely renovated office suites with elevator access, conference rooms, and an outdoor patio, suited for professional services.

    Type:Office
    Property size:
    3,650 SF
    Price / SF:
    $102/SF
    Added:
    Apr 2, 2026
    Days on Market:
    76
    Last Refresh:
    Jun 15 at 1:49 am

    Property Features for 540 Court Street

    General Information

    Standard status
    Active
    Size
    3,650 SF
    Property subtype
    Office

    Building Details

    Year Built
    1874

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    Listing Contact
    Jocelyn Roncase

    Listing agent Jocelyn Roncase

    Listing office Long & Foster Real Estate, Inc.

    Listing date Apr 2, 2026

    Source Xome

    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 Long & Foster Real Estate, Inc.

    HighLights

    • Completely renovated office suites with elevator access, conference rooms, and an outdoor patio
    • Interior features include carpet flooring, heating, and an intercom system
    • Central Business District location; property is in the CRIZ (new Revitilization and Improvment Zone) of Reading
    • Use the lobby directory and virtual receptionist for client entry and reception
    • Includes on‑street parking and a rubber roof; zoning is COM
    • Property includes 3 parcels: 538, 540, and 542 Court St.

    Overview

    This renovated office building offers bright office suites across multiple levels, with conference rooms and a luncheon area that includes an outdoor patio. Tenants and clients can move between floors via the stairs or elevator, and the interior features include carpeting and window blinds. Many suites are appointed with non-working fireplaces, built-in bookcases and shelving. A directory is displayed in a gracious, inviting lobby, and clients moving further into the building use a virtual receptionist. The building configuration can support smaller occupants or a larger footprint, with some suites potentially reconfigured to span an entire floor; if not all space is needed, remaining suites may be leased to other businesses. Furnishings and office furniture are included if needed.

    The property is located in Reading, PA within the newly created Revitilzation and Improvement Zone (CRIZ). It sits just off the main street, placing it within walking distance of the courthouse, parking garages, and stores, based on the remarks provided. The property consists of three parcels: 538, 540, and 542 Court St.

    With its conference space, receptionist features, and professional suite finishes, the building is positioned for law firms, real estate firms, title companies, and accounting firms. The suite flexibility supports a range of tenant needs, including single-suite occupancy or combining suites for broader operations, subject to the building layout and configuration.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $47.3k $12.96
    − Vacancy −$6.5k −$1.79
    EGI $40.8k $11.17
    − OpEx −$10.2k −$2.79
    NOI $30.6k $8.38
    3,650 SF · lease $12.96/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $436.9K
    $382.3K – $509.7K (±1% cap)
    NOI $30,582 @ 7.0% cap · market cap 8.16%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $599.2K
    $524.3K – $699.1K (±1% cap)
    NOI $41,943 @ 7.0% cap · market cap 11.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Robert T. Ullman Law Firm Forry Ullman Ullman ... Law Firm Johnston Curtis C Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9264609
    Latitude
    40.3360399

    FAQs

    What type of property is this?
    Office units - Completely renovated office suites with elevator access, conference rooms, and an outdoor patio, suited for professional services.
    Where is this office units located?
    The property is located at 540 Court Street Reading, PA.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Completely renovated office suites with elevator access, conference rooms, and an outdoor patio; Interior features include carpet flooring, heating, and an intercom system; Central Business District location; property is in the CRIZ (new Revitilization and Improvment Zone) of Reading
    More about this property
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