MLS# PABK2049468
Status: ACTIVE
625-627 SPRING ST
READING, PA 19610
$3990000.00
Commercial Sale
Year Built: 1975
Sq Ft: 26860.00
Building Area: 26860.00
Acres: 3.15
| Contact: |
Kent Wrobel |
|
RE/MAX Of Reading Phone: 6106702770 |
Photos
Map
We are pleased to present an investment property located at 625-627 Spring Street, Wyomissing, Pennsylvania. This property includes a 22,060 square foot office/medical space and an attached 4,800 SF warehouse on 3.14 acres of land in the Borough of Wyomissing. KPS and FMC have occupied their suites since August of 1996. Recently, both Tenants have extended their leases which shows a strong commitment to the building, and the area for the last 28 + years. The treatment that Fresenius Medical Care provides would be considered an essential need, and both Tenants have a recession-proof business. The current owner would like to sell the property as a leaseback sale.
Additional Features
Property Condition: Very Good
School District Name: WILSON
Directions: 422 E. to the Spring Street exit, right on Crossing Dr., left on Spring Street to property on the left.
MLS Area: Wyomissing Boro (10296)
Tax ID Number: 96-4397-16-74-8175
Zoning: C-2
Land Use Code: 4426
Ownership Interest: Fee Simple
Hot Water: Electric
Roof: Built-Up,Rubber
Parking Features: Lighted Parking,Paved Parking,Private,Handicap Parking
Heating Type: 90% Forced Air
Construction Materials: Brick Front
Cooling Type: Central A/C
Sewer Septic: Public Sewer
Utilities: Electric Available,Natural Gas Available,Phone,Sewer Available,Water Available
Water Source: Public
Listing Entry Date: October 7, 2024
Tax Annual Amount: 54785.00
Tax Assessed Value: 1222800.00
Tax Year: 2025
Price Per SQFT: 148.55