Foreclosure - Views
Address
126 N 5Th Street Reading, PA
Price
$ 445,000
Property Attributes
- MLS#PABK365268
- TypeCommercial
- CountyBERKS
- CityReading
- AreaReading City
- Zip19601
- StyleApartment Building,Banquet Facility/Lodge,Flex,Hai
- Year Built1890
- Taxes11888
- Price$ 445,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage23000
- Lot Size9,148 SqFt
Listing Provided Courtesy Of:
Destination Realty LLC
Property Description
This amazing property is now available In the heart of Reading's Commercial Core. There are so many possibilities for this building. As you look through the photos and watch some video, you'll see everything from the beautiful marble and mirror entrance, professional office spaces, to warehouse / manufacturing space and a truck sized freight elevator that goes from the basement to the 3rd floor! (More photos to come that will include views of the four amazing apartments, a retail store, and a finished room in the "front basement"!) From 5th St, you can enter the stair way to the apartments or the entrance to the retails store, and a little further up are two more 5th St entrances giving access to the gallery, offices and interior parking. The entrance to the gallery and offices is spectacular, with marble and mirrored walls, open stairway to the mezzanine offices... some on the first floor and a larger suite on the second floor. On to the "unfinished spaces", there are three stories of block built warehouse / manufacturing space with a garage entrance opening up onto Madison Ave. Inside you'll see ground level parking for about 10 cars, and access to two large upper floors where hair color was made back in the 80's for Renbow USA, an international corporation. Wrapping it up, we have to mention the large rear basement, also accessible from the oversized freight elevator. Here you'll see the "large gas heater".... it's newer and in good working order. System details / brand available , the label on the heater is the "last photo" in the photo library. Set up your showing now! Be a part of Reading's revitalization and bring this property back to life!
| Price History | |
|---|---|
| 10/12/2020 | Listed $450,000 |
| 12/15/2020 | 2% - $445,000 |
General Features
| Acceptable Financing | Conventional, Cash |
|---|---|
| Accessibility | None |
| Business Type | Apartment Building, Banquet Facility/Lodge, Flex, Hair Salon and Spa, Health Club, Manufacturing, Medical, Other/General Retail, Parking Garage, Professional, Restaurant/Bar, School, Supermarket/Grocery Store |
| Construction Materials | Other |
| Cool Fuel | Electric |
| Cooling | Central A/C |
| County | BERKS |
| Electric | 100 Amp Service |
| Exclusions | tenant owned items |
| Flooring | Concrete, Fully Carpeted, Hardwood, Laminated, Marble, Partially Carpeted, Other |
| Heating | Baseboard - Electric, Other |
| Historic Y/N | Yes |
| Location Type | Business District |
| MLS Area | Reading City (10201) |
| New Construction | No |
| Ownership | Fee Simple |
| Parking Features | Unassigned |
| Possession | Immediate, 0-30 Days CD, 31-60 Days CD, 61-90 Days CD, Negotiable |
| Price Per Sq Ft | 19.35 |
| Property SubType | Mixed Use |
| Property Type | Commercial Sale |
| PropertyCondition | Good, Average |
| Real Estate Owned Y/N | Yes |
| Roof | Rubber, Other, Unknown |
| Security Features | Fire Detection System, Smoke Detector |
| Sewer | Public Sewer |
| Tax Annual Amount | 11888.0 |
| Tax Lot | 6095 |
| Tax Year | 2020 |
| Topography | city block, mostly level, slopes down to the back by one floor |
| Total Units | 14 |
| Utilities | Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| Vacation Rental Y/N | No |
| View | City, Street |
| Water Access Y/N | No |
| Zoning | CC |
| Zoning Description | Commercial core, many uses by right. very favorable for mixed use residential, commercial uses possible. |
Interior Features
| Central Air Y/N | Yes |
|---|---|
| Clear Span Ceiling Height | 8' to 10', 10' to 12' |
| Entry Level | 1 |
| Heating Fuel | Natural Gas, Electric |
| Heating Y/N | Yes |
| Hot Water | Electric |
| Number of Elevators | 1 |
| Total Restrooms | 10 |
Exterior Features
| Building Area Total | 23000.00 |
|---|---|
| Car Parking Spaces | 10 |
| Fencing Y/n | No |
| Lot Dimensions | 40*230 |
| Lot Features | Interior, Level, Road Frontage, Other |
| Lot Size Acres | 0.21 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 9148.00 |
| Navigable Water Y/N | No |
| Road Frontage Length | 40 |
| Road Surface Type | Paved, Black Top |
| Roadresponsibility | City/County |
| Soil Types | Unknown |
| Topography Description | city block, mostly level, slopes down to the back by one floor |
| Total Parking Spaces | 10 |
| Type of Parking | On Street, Private Garage |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 19601
Price
Taxes
Visits
Year Built
Walkscore
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