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501 Penn Street , Unit 1A

READING, PA 19601
  • $1,800
  • STATUS: Active
  • ON SITE: 38 days
  • ID#: PABK377284
$1,800
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
1793
County:

School Information

High School:
School District:

Description

First floor retail space most recently the location known as Paulie's Soups. This small restaurant space is perfectly located to draw in the nearly 11,000 downtown employees, and another 9,000 residence within the downtown area. Walkability Score: 94/100 +GG +G+Walkers Paradise+G- Source: WalkScore.com. At the heart of downtown Reading, this will be the new hot spot for students as Alvernia University moves into town. While the space has been used as a restaurant for many years, other retail businesses are welcome to apply. Includes a small basement area for storage, currently set up with a hood, stove and dish washing station. $1800 is a target asking price understanding that concessions are available for tenant fit-out and to accommodate start up costs.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-19T23:52:02.11.
www.amandakrallteam.com/homes/117061385
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501 Penn Street , Unit 1A READING, PA 19601

  • Price: $1,800
  • Status: Active
  • ID#: PABK377284
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1793
Built
Neighborhood:
Reading City (10201)
County:
Berks
Area:
Reading City (10201)
High School:
Reading Senior
School District:
Reading
Property Description
First floor retail space most recently the location known as Paulie's Soups. This small restaurant space is perfectly located to draw in the nearly 11,000 downtown employees, and another 9,000 residence within the downtown area. Walkability Score: 94/100 +GG +G+Walkers Paradise+G- Source: WalkScore.com. At the heart of downtown Reading, this will be the new hot spot for students as Alvernia University moves into town. While the space has been used as a restaurant for many years, other retail businesses are welcome to apply. Includes a small basement area for storage, currently set up with a hood, stove and dish washing station. $1800 is a target asking price understanding that concessions are available for tenant fit-out and to accommodate start up costs.
Exterior Features

Construction Materials BlockBrickCombinationConcreteMixed PlumbingRockStone Garage YN No Location Type Downtown Lot Features CornerLevelRoad FrontageZero Lot Line Parking Types None Property Condition Average Riparian Rights YN No Road Responsibility City/County Road Surface Type Black TopPaved Roof RubberArchitectural Shingle View CityStreetOther Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Cooling Central A/C Exclusions Owners Belongings And Existing Equipment Fixtures Available For Use in As-Is ConditionNo Guarantees / No Warranty. Tenant Must Confirm Directly With The City Of Reading For intended Use. Flooring SlateOther Heating Central Heating YN Yes Inclusions Existing Equipment Fixtures Available For Use in As-Is ConditionNo Guarantees / No Warranty. Tenant Must Confirm Directly With The City Of Reading For intended Use. Leasable Area 1800

Property Features

Accessibility Features 32"+ Wide Doors Association YN No Business Type Other/General RetailProfessionalRestaurant/BarOther Central Air YN Yes Cross Street N 5th St Current Use Food & BeverageRestaurantRetail Electric 100 Amp Service200+ Amp ServiceCircuit Breakers Elevators 1 Entry Level 1 Foundation Details StoneBrick/MortarConcrete PerimeterCrawl Space Ground Rent Payment Frequency Annually Heating Fuel Natural Gas Hot Water Natural Gas Municipality Reading City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 304598848798 Owner Pays Taxes - Real Estate Ownership Interest Other Property Sub Type Retail Purchase Optional YN No Rent Includes Other Security Deposit 3600.00 Sewer Public Sewer Tenant Pays Appliances/Equipment - SomeCable TvElectricityGasHeatHot WaterHvac MaintenanceInsuranceMinor Interior MaintenancePest ControlTrash RemovalUtilities - AllWater Transportation Airport Less Than 10 MilesBus Stop Less Than 1 Mile Utilities Cable Tv AvailableElectric AvailableNatural Gas AvailablePhone Available Vacation Rental YN No Water Source Public Zoning Cc: Commercial Core Zoning Description Zoning Permits Many Retail Services RestaurantsClothingAmusement ArcadeBanksSchoolsPersonal ServicesTaverns

Listing courtesy of Destination Realty Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-19T23:52:02.11.
 
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Iron Valley Real Estate
1958 Quentin Road
Lebanon PA, 17042