11 Fairlane Rd Reading, PA 19606-9567
- Medical Office Space
- 23,682 SF
- 1.90 lot acres
Current Use by Public Records
- SIR Physical Therapy, Exeter Location / Physician
- John P. Stelmach, MD / Physician
- Paul J. Marr, MD / Physician
- Commonwealth Orthopaedic Associates / Medical Clinic
- Keystone Orthopaedic Specialists MRI / Medical Clinic
Property Details for 11 Fairlane Rd
- Year built
- 1987
- Construction
- FRAME
- Lot size
- 1.90 lot acres
- Property size
- 23,682 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 5325-08-99-0050
- APU
- 532508990050
Description
This exceptional single-tenant medical office building, located at 11 Fairlane Rd in Reading, Pennsylvania, presents a unique investment opportunity. The property boasts a substantial 6,562 square feet of vacant space, ideal for a variety of medical practices. Constructed in 1987, the building sits on a generous 4.08-acre lot, offering ample parking and potential for future expansion. The property's classification as a medical office building signifies its suitability for healthcare-related businesses, providing a ready-made environment for patient care. The single-tenant occupancy offers streamlined management and predictable income streams. The address is conveniently located in Reading, PA, zip code 19606, providing easy access for patients and staff. This property is a rare find, combining a significant amount of vacant space with a desirable location and established infrastructure. The building's size and location make it an attractive option for medical professionals seeking to establish or expand their practice. The ample lot size offers flexibility for future development or expansion of existing facilities. This is an excellent opportunity to acquire a well-situated medical office building in a thriving Pennsylvania community. Serious inquiries are encouraged to explore this promising investment. The property is ready for immediate occupancy.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,598,000
Market price range: $891k - $3.24M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $3,155,000
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Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.8526
- Latitude
- 40.3033
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA