408 Penn St - Retail FOR SALE


Reading, PA 19602- LANA
$899,999 USD
610-605-7207
408 Penn St, Reading, PA for Sale
$899,999 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

408 Penn St
Reading, PA 19602
LANA


OVERVIEW

408 Penn Street is a 3-story commercial building with a full basement (4 total levels), located in the heart of downtown Reading, PA. With a flexible layout and open floor plans, the property is well-suited for a variety of uses. Basement: Large stockroom or storage area First Floor: Retail storefront with excellent frontage and visibility along Penn Street Second Floor: Open space that could potentially be used as office or converted into residential units Third Floor: Ideal for creative office, studio, or additional apartment build-out The building layout makes it highly adaptable for mixed-use redevelopment, live/work opportunities, or a retail + residential investment. You can potentially configure the upper floors into apartments or office suites, depending on your vision and local permitting. This property benefits from its prime location along Reading’s main commercial artery, surrounded by Santander Arena, Reading Area Community College, government buildings, banks, restaurants, and professional offices. Zoned C-C (Commercial Core), the property allows a broad range of commercial and residential uses.

FOR SALE DETAILS

PRICE

$899,999 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C-C

APN/PARCEL ID

04-5307-82-70-4031

ASK ABOUT THIS PROPERTY

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610-605-7207

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Musa KhanTM RestorationMore Info
610-605-7207

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.