Views
Listed By:
Keller Williams Elite
Address
788 Fritztown Road, Reading, PA
Price
$ 590,000
Property Attributes
  • MLS#PABK2035060
  • TypeCommercial
  • CountyBERKS
  • CityReading
  • AreaSpring Twp
  • Zip19608
  • StyleManufacturing,Storage,Warehouse
  • Year Built1970
  • Taxes$ 8740
  • Price$ 590,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14580
  • Lot Size1.34 Acres
Data Source:
Bright MLS
Property Description

A great opportunity awaits seize your chance to secure a profitable investment in this income-generating industrial property. Presently, the property is leased to three well-established tenants, each with written leases in place. These leases come with varying terms, ranging from 1 to 3 years, and will transfer to the new owner. Encompassing an impressive 14,000 square feet of versatile space, this property offers an abundance of room for your business operations or the option to continue reaping the rewards of multiple tenancies. Ample parking facilities are at your disposal, alongside a prime location boasting over 200 feet of road frontage, ensuring exceptional visibility and an ideal environment for your business endeavors. Don't miss out on this unique investment opportunity!

Price History
9/26/2023 Listed $810,000
11/9/2023 7% - $760,000
2/8/2024 10% - $690,000
2/29/2024 8% - $640,000
3/25/2024 8% - $590,000

General Features

Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Utilities Cable TV Available,Electric Available,Phone,Propane,Sewer Available
Possession Other
Roof Metal
Zoning MANUFACTURING,INDUSTRIAL
Construction Materials Steel Siding
Year Built 1970
Electric 3 Phases,200+ Amp Service
View Street
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Business Type Manufacturing,Storage,Warehouse
Accessibility None
County BERKS
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions GPS
ModificationTimestamp 2024-04-23T20:47:02
City READING
Buyer Agent Compensation 2
MLS Area Spring Twp (10280)
Lot Size Square Feet 58370.00
Tax Assessed Value 210100.0
Waterfront Y/N No
Street Name FRITZTOWN
Tax Annual Amount 8740.0
Price Per Sq Ft 40.47
Vacation Rental Y/N No
Days on Market 213
Standard Status Active
Year Built Source Estimated
Tax Lot 8688
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Flooring Concrete,Dirt
Hot Water Electric
Total Stories 2
Heating Y/N Yes
Street Suffix ROAD
Central Air Y/N No
Entry Level 1

Exterior Features

Parking Features Surface,Unassigned,Private
Lot Features Interior,Irregular,Level,Open,Road Frontage,SideYard(s),Other
Water Source Well
Total Parking Spaces 16
Type of Parking Parking Lot
Land Use Code 3325
Water View Y/N No
Building Area Total 14580.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.34
Road Surface Type Black Top
Road Frontage Length 203
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility State
Land Assessed Value 73700.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19608

Price
AVG $200K
$590K
Taxes
AVG $8,740
$8,740
Visits
AVG 232
125
Data Provided by Inside Real Estate®
Year Built
AVG 1986
1970
Walkscore
AVG 31
7
Data Provided by Walkscore® not using MLS data

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