3601 Perkiomen Ave Reading, PA 19606-2712
- Investment properties
- 4,189 SF
- 0.32 lot acres
Current Use by Public Records
- Shurr & Company PC / Certified Public Accountant
Property Details for 3601 Perkiomen Ave
- Year built
- 1932
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.32 lot acres
- Property size
- 4,189 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 5326-14-24-9694
- APU
- 532614249694
Description
This exceptional two-story, 3,000 square foot office building, situated on a 0.32-acre lot in Reading, Pennsylvania, presents a compelling investment opportunity. Built in 1932 and meticulously maintained, this Class B property boasts timeless charm and character within a high-demand commercial zone. Currently configured as a single-tenant space, the building offers significant potential for owner-occupancy or continued lease income. The existing tenant is open to a lease-back arrangement, providing a strong passive income stream for investors. Located conveniently off Route 422, this property offers easy access to Reading and other key areas. The asking price is $450,000, translating to $150 per square foot. This represents a rare chance to acquire a well-maintained, historically significant commercial property in a thriving location with excellent potential for long-term growth and return on investment. The property is zoned for commercial use and offers a single unit within a single building.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.874
- Latitude
- 40.3192
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA
