$1,495,000
( $96.10Per Sq Foot )
 $8,025 est/mo Sourced by Back At You

641 Gregg Ave , Reading, PA 19611

Reading, PA 19611

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Description

**For Sale: Versatile Commercial Building with Development Potential**Explore a prime opportunity with this solid commercial building, fully approved for use as a school, accommodating **80 students and 30 staff members**. This professionally renovated property features a generous **15,556 sq. ft.** spread across two stories. The **handicap-accessible first floor** covers **7,893 sq. ft.**, while the **second floor** spans **7,663 sq. ft.** Each level has its own designated entrance, allowing for separated use by different tenants, providing flexibility and convenience. Zoned **HM (Heavy Manufacturing)**, this building offers many potential uses. Most recently operated as a special needs school, it could easily be transformed into a charter school, technical or vocational school, special needs facility, or large adult/toddler daycare. The zoning also accommodates manufacturing or industrial processing, banking or financial institutions, colleges/universities, exercise clubs, self-storage facilities, and more. Strategically located just blocks off the exit ramp for **Lancaster Ave. on Route 422**, this property is in close proximity to **Alvernia University**, providing excellent access to regional destinations. It is approximately **2.5 hours from NYC**, **1.5 hours from Harrisburg**, **1.25 hours from Philadelphia**, **1 hour from Allentown and Hershey**, and **45 minutes from Lancaster**. The surrounding area has experienced significant development and growth in recent years, with favorable local government initiatives encouraging new businesses to set up shop. The local **Penn State Health/St. Joseph’s Medical Center** is expanding, and the nearby **AW Golden lot** is being transformed into a strip mall with a grocery anchor, further enhancing the appeal of this location for future business opportunities. This property is ripe for your growing business! It is also listed as a commercial lease under **MLS# PABK2043300**. Don’t miss out on this exceptional opportunitycontact us today for more information or to schedule a viewing!

Details

MLS#PABK2045640
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1940
Days On Site117
Listing Provided ByDestination Realty LLC | Sean H Moretti

Features

SQ Feet15,556
ZoningHM
Property ViewYes

Market Activity 19611

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Listings Checked: 3 minutes ago
StatePA
CountyBerks
CityReading
Zip Code19611
AreaReading City
School DistrictReading
Listing VS Median (in 19611)
Price:
$1,495,000
low | high
Med:
$229,950
100% of Average
SqFt:
15,556
low | high
Med:
1,238
100% of Average
$ / SqFt:
$96
low | high
Med:
$186
43.760325592547% of Average
On Site:
117
low | high
Med:
258.500000
45.261121856867% of Average
Sourced by Back At You
Listing Updated: October 31, 2024 at 2:11:43 AM PDT