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Lisa Bensel

lisa.bensel@gmail.com +1(267) 257-8718

Listed by Kent Wrobel • RE/MAX Of Reading

$ 6,500,000

Est. payment | -/mo

7.12 Acres Lot

Save

$ 6,500,000

Est. payment | -/mo

Save

7.12 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PABK2059886

Year Built 1986

Annual Tax Amount $124,008

Tax Year 2025

Lot Size 7.120 Acres

Acres 7.12

Lot Dimensions 0.00 x 0.00

Property Sub-Type Retail

Source BRIGHT

Property Description

4708 Penn Avenue consists of two buildings on a 7.12 acres site. The strip mall is divided into five tenant spaces, totaling approximately 72,214 square feet of rentable area which is constructed on a concrete slab with block walls, and a built-up asphalt roof with gravel ballast over the former furniture store, and rubber roofing over the remaining suites. The vacant former furniture store comprises roughly 61,316 square feet, subdivided into a showroom, office space, storage room, mechanical rooms, and a loading dock with two rear dock doors. The remaining tenant spaces are currently occupied, including a pack-and-mail store, nail salon, restaurant, and tanning salon with long term leases. All units feature gas-fired, roof-mounted HVAC systems, individually metered electric service, public water, and sewer. The second structure is a free-standing bank branch of approximately 3,200 SF, with multiple drive-through lanes and easy access to Penn Avenue, constructed by the Bank in 2003, This center has frontage along Penn Avenue and access by a traffic light-controlled intersection and a second entrance along beacon road to the east of the property.

Location

State PA

County Berks

Area South Heidelberg Twp (10251)

Zoning C-2

Interior

Hot Water Other

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 228.0

Water Access N

Roof Type Built-Up,Rubber

Accessibility 32\"+ wide Doors, Mobility Improvements

Total Parking Spaces 228

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Conrad Weiser Area

Others

Tax ID 51-4376-11-56-3019

Ownership Fee Simple

Special Listing Condition Standard

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(267) 257-8718

lisa.bensel@gmail.com

Philadelphia, PA

Learn More About LPT Realty

4708 PENN AVE Reading, PA 19608