415 Gregg Ave Reading, PA 19611-1603
This exceptional 4,860-square-foot industrial flex building presents a unique investment opportunity in Reading, PA. Situated on a 0.18-acre lot, the property offers versatile space currently configured as a cold storage refrigeration facility. However, its adaptable design makes it ideal for a variety of uses, including manufacturing, warehousing, or general flex space. The building features one convenient loading dock, simplifying logistics and material handling. The asking price is $400,000, representing a compelling value for a property of this size and functionality in a desirable location. The existing cold storage infrastructure could be easily repurposed or removed to suit the needs of a new owner. This presents a chance to acquire a well-located industrial property with significant potential for customization and immediate occupancy. The property's size and layout offer flexibility for businesses seeking efficient operations and strategic expansion. Its location in Reading provides access to key transportation routes and a skilled workforce. This is an excellent opportunity for owner-occupiers or investors seeking a strong return on investment in a thriving market. The property's adaptability and prime location make it an attractive prospect for a wide range of industrial and commercial enterprises. Serious inquiries are encouraged to explore the full potential of this versatile and well-priced industrial building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.