545 Canal St, Reading, PA 19602-2675

This exceptional Class A office complex, located at 545 Canal St in Reading, Pennsylvania (zip code 19602), offers 80,000 square feet of versatile space across three stories. The property sits on a 2.5-acre lot and includes 40 parking spaces. Built in 2018, this meticulously renovated building boasts 20 units suitable for various uses, including executive, medical, and traditional office spaces. Currently housing diverse tenants such as Reading Film Studio and a City of Reading office, the building offers opportunities for single or multi-tenant occupancy. The property's former use was as Bills Khaki's. Available floor plans showcase the adaptability of the space, which also includes event space and is connected to the Canal Street Pub. The asking price is $4,000,000 ($50 per square foot). A significant advantage is the availability of grant programs covering up to 75% of the purchase price for conversion into apartments, along with potential tax advantages. All offers are subject to third-party approval. Triple net lease options are also available at $10 per square foot. The property's central location in Berks County provides excellent access to amenities and transportation.