Reading, PA 19601,503 PENN ST
Reading, PA 19601,503 PENN ST
Reading, PA 19601,503 PENN ST
Reading, PA 19601,503 PENN ST
Reading, PA 19601,503 PENN ST
Reading, PA 19601,503 PENN ST
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$600,000

$595,000

0.8%
Est.Price: ?

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Est. payment /mo

12,000 SqFt


SOLD DATE : 07/08/2024

Key Details

Sold Price $600,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $50

MLS Listing ID PABK2041036

Sold Date 07/08/24

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $11,760

Tax Year 2022

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 28*100

Property Description

503 Penn St - This historic building was completely renovated in 2016 and includes all the modern amenities you'd expect in new construction. Add to that the interesting historical aspects including exposed brick walls, huge windows overlooking Penn Square and an open pub / entertainment venue on the first and second floors. Perfect for an owner occupant or investor, the utilities are separated and each floor has and pays for it's own system! The first and second floors are set up as a walk in bar space with doors that open to the sidewalk, and a balcony on the second floor overlooking the entrance area. The third floor is occupied by Berks Arts, a community Council formed in 1969, and focuses on promoting the arts in the Greater Reading and Berks County. Creating and supporting visual and performing arts events. The fourth floor is open and available for an owner or another tenant. The building is served by a modern elevator that stops an all 5 levels. (basement, through the 4th floor). Fully sprinklered and monitored this is truly a safe and desirable property. Call today to schedule your walk through.

Location

State PA

County Berks

Area Reading City (10201)

Zoning C-C

Interior

Hot Water Natural Gas, Electric

Cooling Central A/C

Flooring Wood

Equipment None

Heat Source Electric

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Cable TV Available, Under Ground

Waterfront N

Water Access N

View City, Street

Roof Type Rubber

Accessibility None

Road Frontage Boro/Township

Parking Type On Street

Garage N

Building

Lot Description Road Frontage, Level, Zero Lot Line

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Reading

Others

Tax ID 07-5307-83-70-9337

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Sean H Moretti • Destination Realty LLC
Bought with Sean H Moretti • Destination Realty LLC
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95 Dunn Drive Ste 200, Stafford, VA, 22556, USA

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