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Mixed-Use Building with Restaurant
New
For Sale
$325,000

851 Penn St, Reading, PA 19601

Office space occupies the second floor above a ground-level restaurant and bar.

Property Size4,120 SF
Price / SF$78.88
Days on Market6

Property Features for 851 Penn St

General Information

Standard status Active
Size 4,120 SF
Property subtype Commercial

Additional Details

Liquor License No

Building Details

Year Built 1912
Stories 3
Listing Agency: Century 21 Gold
Listed By: Gilbert W Carbon · License #AB067371
Source: Baltimoreharfordhomesforsale
Added: Oct 8 Changed: Oct 11 Last Checked: Oct 12 at 8:23PM

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 Century 21 Gold

Investment Insights

Based on property information with market context.

Built in 1912, this mixed-use property has a first-floor pizzeria, restaurant, and bar, with office space on the second floor.

The property is one block from Santander Arena in Reading, Pennsylvania.

Key Highlights

  • First‑floor pizzeria, restaurant, and bar
  • Second‑floor office space
  • One block from Santander Arena

Property Analytics

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Current Use

Italian Garden Esposito's Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical Service Acupuncture

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

2,663
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Office space occupies the second floor above a ground-level restaurant and bar.
Where is this mixed-use property located?
The property is located at 851 Penn St Reading, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: First‑floor pizzeria, restaurant, and bar; Second‑floor office space; One block from Santander Arena
More about this property
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