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    OFF-MARKET
    Office buildings

    201 Bellevue Ave, Reading, PA 19605-1733

    3,240 SF 9.3 ac lot Built 1935
    Entity Owned 16-yr Hold ~ Est. High Equity
    Property ID
    US73-3988485
    Property summary
    AI-generated overview

    This exceptional 2,862 square foot warehouse space presents a rare leasing opportunity within a larger 13,900 square foot industrial complex situated on a 9.3-acre lot in Berks County. The property boasts seven buildings, all single-story, and offers convenient access to major roadways, including Route 222 (two miles), Route 12 (one mile), and the Reading Regional Airport (four miles). The warehouse features two oversized drive-in doors, with the potential for adding a loading dock, providing ample space for loading and unloading. A separate bathroom and office area offer independent workspace. Extensive outdoor storage and maneuvering space accommodate trucks and trailers. High ceilings and heavy industrial zoning (Berks County) allow for diverse uses. The building was constructed in 1945 and includes 10 total parking spaces. The property benefits from 240V 3-phase power. This location, near E Bellevue Ave & Pottsville Pike, offers a strategic advantage, evidenced by many long-term tenants (30+ years). Don't miss this chance to secure a well-maintained, functional space in a highly desirable location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1935
    Total area 3,240 SF
    Lot 9.3 ac (405,108 SF)
    APN 5308-07-68-0970
    UPID US73-3988485
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Tks Toy Box Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Prospect Enterprises Group LP · 16 yrs held
    Prospect Enterprises Group LP
    since 2010
    1 recorded transaction
    2010
    $3.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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