700 Lancaster Ave Reading, PA 19607

Property Details for 700 Lancaster Ave

Year built

1940

Lot size

0.37 lot acres

Property size

16,320 SF

Property type

Office buildings

APN

5306-65-53-2429

APU

530665532429

Description

This 13,000 square foot, two-story office building at 700 E Lancaster Ave in Reading, Pennsylvania, presents a unique owner-user or investment opportunity. Built in 1940 and renovated in 2016, the property boasts a Class B designation and sits on a 0.54-acre lot (APN 18-5306-65-53-2429). The building is zoned CH - Commercial Highway, offering excellent visibility and main street frontage. The flexible floor plan includes approximately 9,500 square feet of vacant space on the main level, ideal for immediate occupancy. The street level, approximately 3,500 square feet, is currently leased month-to-month to an art school. Ample off-street parking is available. The asking price is $975,000 ($75 per square foot), and owner financing may be considered. This versatile property is suitable for traditional office, medical office, or creative office uses, offering a compelling combination of location, size, and potential. The property's previous use as a special needs educational facility provides adaptable space for a variety of businesses. This prime Reading location offers significant advantages for businesses seeking high visibility and convenient access.