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Listed by Eric R Seitzinger • BHHS Homesale Realty - Schuylkill Haven
$12
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Rent
MLS Listing ID PABK2066672
Year Built 1976
Lot Dimensions 0.00 x 0.00
Property Sub-Type Office
Source BRIGHT
Property Description
For Sale or Lease- Prime Downtown Reading Professional Office Building
Positioned in the heart of downtown Reading, PA, this impressive 68,000± square foot professional office building offers exceptional flexibility for investors or owner-users alike. The property is currently multi-tenant, providing immediate income, while also featuring substantial available space that can be leased to additional tenants or seamlessly occupied by an end user seeking a centralized headquarters. The building is designed to accommodate a wide range of professional users, with floor plans that allow for large open-concept layouts, individual offices, or a combination of both. Each level is serviced by restrooms, and the property is equipped with two elevators, ensuring convenient access throughout the building. A public parking garage located at the rear of the property adds significant value and convenience for tenants, employees, and visitors—an important amenity in this downtown setting. Infrastructure upgrades include a new boiler installed in 2025, providing efficiency and peace of mind for future ownership. With its flexible configuration, central location, and strong fundamentals, this property would serve numerous potential uses, including professional offices, medical, educational, governmental, or corporate headquarters. An outstanding opportunity to acquire a well-located, adaptable office asset in downtown Reading. Lease rates are as follows. 1,000 to 2,000 SF $12.50 PSF
2,000 to 4,000 SF $12.00 PSF
4,000 to 5,000 SF $11.50 PSF
6,000 to 7,000 SF $11,00 PSF
Over 7,000 SF $10.50 PSF
SALE PRICE: $2,500,000.00
Positioned in the heart of downtown Reading, PA, this impressive 68,000± square foot professional office building offers exceptional flexibility for investors or owner-users alike. The property is currently multi-tenant, providing immediate income, while also featuring substantial available space that can be leased to additional tenants or seamlessly occupied by an end user seeking a centralized headquarters. The building is designed to accommodate a wide range of professional users, with floor plans that allow for large open-concept layouts, individual offices, or a combination of both. Each level is serviced by restrooms, and the property is equipped with two elevators, ensuring convenient access throughout the building. A public parking garage located at the rear of the property adds significant value and convenience for tenants, employees, and visitors—an important amenity in this downtown setting. Infrastructure upgrades include a new boiler installed in 2025, providing efficiency and peace of mind for future ownership. With its flexible configuration, central location, and strong fundamentals, this property would serve numerous potential uses, including professional offices, medical, educational, governmental, or corporate headquarters. An outstanding opportunity to acquire a well-located, adaptable office asset in downtown Reading. Lease rates are as follows. 1,000 to 2,000 SF $12.50 PSF
2,000 to 4,000 SF $12.00 PSF
4,000 to 5,000 SF $11.50 PSF
6,000 to 7,000 SF $11,00 PSF
Over 7,000 SF $10.50 PSF
SALE PRICE: $2,500,000.00
Location
State PA
County Berks
Area Reading City (10201)
Zoning KOZ
Interior
Hot Water Electric
Heating Other
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Roof Type Tar/Gravel
Accessibility Elevator
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Tax ID 07-5307-83-80-4485
Ownership Other
Security Features Desk in Lobby
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