OWN YOUR FUTURE - 123-131 N. Third Street, Reading, PA 19601 Ideal for Small Business Owners Looking to Buy Their Own Space SBA Financing Available CRIZ Zone Art & Culture Hub Near Schuylkill River Trail Located in Reading, PA's CRIZ Zone, just steps from GoggleWorks Center for the Arts; this property is 0.27 Acres redevelopment site sits in the heart of Reading's revitalization downtown. Surrounded by public art, small businesses, colleges, and expanding green-spaces. 123-131 N. Third Street is ideal for business owners ready to expand, relocate or diversify - and own your space. SBA FINANCING OPTION AVAILABLE: - SBA 504 Loan Program - as little as 10% down payment - Fixed Interest Rates - up to 25 years amortized - Preserve Working Capital vs. traditional loans - Build Equity - instead of paying rent REDEVELOPMENT READY: - Zoning: R-3 Mix-Use District(residential + commercial) - Lot Size: 0.27 Acres (Three combined lots) - Buildable Size Allowed: Up to 21,171 SF (35-60 feet height limit - use-dependent) - Utilities: public water & public sewer to all three parcels) Ideal for: restaurants; bar/brewery; bookstore; coffee house; event space; and other retail businesses; or hybrid live/work spaces LOCATION HIGHLIGHTS: - Across from GoggleWorks Arts Center & future $18.5M community housing development - 4-5 blocks from Santander Arena; Penn Street shops & dining - Easy access to Alvernia University CollegeTowne; and Reading Area Community College (R.A.C.C.) - Short walk to the Schuylkill River Trail - a regional amenity for outdoor activity and connectivity ONGOING DOWNTOWN IMPROVEMENTS: - GoggleWorks Art Park: Public art garden, artisan market, outdoor stages (2024-2027) = $10M - New restaurant & café space: In partnership with the DoubleTree by Hilton - Expanded classes, festivals and gallery events - boosting foot traffic - Streetscaping, public art, and CRIZ backed infrastructure upgrades in progress PROPERTY BREAKDOWN: - Property #1 (Building 1) - Two-fully renovated office/residential units - Unit A: 1,000 SF with full bathroom; Unit B: 1,500 SF with full bathroom = Total 2,500 SF - Property #1 (Building 2) - Retail/Flex Warehouse space with courtyard (2,000 SF basement not included) = Total 4,000 SF - Property #2 (Building 3) - Two-story structure with new roof (2 floors @ 750 SF/each) = Total 1,500 SF - Property #3 (Vacant Lot) PROPERTY VALUE & COST VERVIEW: 123 N. Third Street (Property #1 - Building #1 - Office/Residential) - 2,500 SF - $320,000 123 N. Third Street (Property #1 - Building #2 - Warehouse) - 4,000 SF - $225,000 129 N. Third Street (Property #2 - Building #3 - Storage Structure) - 1,500 SF - $60,000 131 N. Third Street (Property #3 - Vacant Lot) - $60,000 TOTAL ASKING PRICE = $665,000 WHY INVEST NOW? Reading, PA is re-emerging as a cultural and commercial hub, CRIZ incentives, confirmed capital projects, and a growing creative business ecosystem make this an outstanding opportunity for entrepreneurs and investors looking for stability, appreciation, and visibility. SCHEDULE A TOUR OR LEARN MORE - CONTACT: Geoffrey Moody - KW Commercial Tel: 610-533-2389 Email: gmoody@kwcommercial.com