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    715 Clinton St Reading, PA 19601

    For Sale
    $975,000

    Prime Reading, PA Mixed-Use Building

    Property size:
    17,608 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use property at 715 Clinton St, Reading, PA, offers 17,608 square feet of space on a one-acre lot. Built in 1925, this two-story building boasts a flexible M-C zoning designation with a Riverfront Redevelopment Overlay, opening doors to a wide array of business ventures. Previously home to Reading Art Works, the property is ideally suited for an event space, art gallery, or office/shared workspace. The building features nicely appointed conference rooms and private offices, along with a significant advantage: a large fenced-in parking lot with 50+ spaces. The asking price is $975,000, translating to $55.37 per square foot. The property's APN is 5307-55-34-1170. This is a unique owner/user investment opportunity in a vibrant Pennsylvania location. The building's multi-tenancy potential adds to its versatility and investment appeal. Its central location in Reading, Berks County, (zip code 19601) offers easy access to local amenities and transportation networks. This is a rare chance to acquire a substantial property with significant potential for growth and diverse uses.

    Property Features for 715 Clinton St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    17,608 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1925
    Buildings
    1
    Stories
    2

    HighLights

    • Large fenced parking lot with 50+ spaces.
    • Suitable for event space or art gallery.
    • Nicely appointed conference rooms and private offices.
    • M‑C zoning with Riverfront Redevelopment Overlay, allowing diverse uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Opportunity Construction LLC Art Gallery Blank Canvas | Event ... Event Venue Reading Art Works Wedding Venue

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.944443
    Latitude
    40.34579734

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Reading, PA Mixed-Use Building
    Where is this mixed-use property located?
    The property is located at 715 Clinton St Reading, PA.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Large fenced parking lot with 50+ spaces.; Suitable for event space or art gallery.; Nicely appointed conference rooms and private offices.
    (610) 779-1400
    Request Owner's contact information
    715 Clinton St Reading, PA 19601
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    Reading, PA 19601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    715 Clinton St Reading, PA 19601
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