MLS# PABK2059886
Status: ACTIVE
4708 PENN AVE
READING, PA 19608
$6500000.00
Commercial Sale
Year Built: 1986
Sq Ft: 75714.00
Building Area: 75714.00
Acres: 7.12
| Contact: |
Kent Wrobel |
|
RE/MAX Of Reading Phone: 6106702770 |
Photos
Map
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.
Additional Features
School District Name: CONRAD WEISER AREA
Directions: 422 W (Penn Avenue) to Sinking Spring, property on the left
MLS Area: South Heidelberg Twp (10251)
Tax ID Number: 51-4376-11-56-3019
Zoning: C-2
Land Use Code: 4546
Ownership Interest: Fee Simple
Hot Water: Other
Roof: Built-Up,Rubber
Parking Features: Lighted Parking,Paved Parking,Surface
Heating Type: Forced Air
Construction Materials: Mixed
Cooling Type: Central A/C
Sewer Septic: Public Sewer
Water Source: Public
Listing Entry Date: July 16, 2025
Tax Annual Amount: 124008.00
Tax Assessed Value: 2600000.00
Tax Year: 2025
Price Per SQFT: 85.85
