Reading, PA 19604,506 N 12TH ST
Reading, PA 19604,506 N 12TH ST
Reading, PA 19604,506 N 12TH ST
Reading, PA 19604,506 N 12TH ST
Reading, PA 19604,506 N 12TH ST
Reading, PA 19604,506 N 12TH ST
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$ 795,000
Est. payment | /mo

35,000 SqFt


$ 795,000
Est. payment | /mo

35,000 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 35,000 sqft

Price per Sqft $22

MLS Listing ID PABK2049488

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $7,535

Tax Year 2024

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 0.00 x 0.00

Property Description

Rare Investment Opportunity – 506 N 12th St, Reading, PA
Discover a rare chance to own this impressive 35,000 square foot former factory building, now available for sale in the heart of Reading, Pennsylvania! This versatile, three-story commercial property, complete with possible basement parking, offers significant potential for redevelopment into multifamily housing or unique commercial spaces. Located at 506 N 12th St, this property combines historical charm with modern structural stability, making it a prime opportunity for investors or developers.
Property Highlights:

Location

State PA

County Berks

Area Reading City (10201)

Zoning R-3

Interior

Hot Water None

Heating None

Cooling None

Flooring Hardwood

Inclusions None

Equipment None

Heat Source None

Exterior

Garage Spaces 12.0

Utilities Available Electric Available, Cable TV Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

View City

Roof Type Cool/White,Rubber

Street Surface Black Top

Accessibility None

Road Frontage City/County

Total Parking Spaces 12

Garage N

Building

Lot Description Corner, Road Frontage, Sloping, Zero Lot Line

Foundation Concrete Perimeter, Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

Middle Schools Northeast

School District Reading

Others

Tax ID 11-5317-62-13-5169

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Sean H Moretti • Destination Realty LLC
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506 N 12TH ST