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Listed by Kent E Wrobel • RE/MAX Of Reading
$6,500,000
Est. payment /mo
7.12 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PABK2059886
Year Built 1986
Annual Tax Amount $124,008
Tax Year 2025
Lot Size 7.120 Acres
Acres 7.12
Lot Dimensions 0.00 x 0.00
Property Sub-Type Retail
Source BRIGHT
Property Description
4708 Penn Avenue consists of two buildings on a 7.12 acres site. The strip mall is divided into five tenant spaces, totaling approximately 72,214 square feet of rentable area which is constructed on a concrete slab with block walls, and a built-up asphalt roof with gravel ballast over the former furniture store, and rubber roofing over the remaining suites. The vacant former furniture store comprises roughly 61,316 square feet, subdivided into a showroom, office space, storage room, mechanical rooms, and a loading dock with two rear dock doors. The remaining tenant spaces are currently occupied, including a pack-and-mail store, nail salon, restaurant, and tanning salon with long term leases. All units feature gas-fired, roof-mounted HVAC systems, individually metered electric service, public water, and sewer. The second structure is a free-standing bank branch of approximately 3,200 SF, with multiple drive-through lanes and easy access to Penn Avenue, constructed by the Bank in 2003, This center has frontage along Penn Avenue and access by a traffic light-controlled intersection and a second entrance along beacon road to the east of the property.
Location
State PA
County Berks
Area South Heidelberg Twp (10251)
Zoning C-2
Interior
Hot Water Other
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 217.0
Water Access N
Roof Type Built-Up,Rubber
Accessibility 32\"+ wide Doors, Mobility Improvements
Total Parking Spaces 217
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Conrad Weiser Area
Others
Tax ID 51-4376-11-56-3019
Ownership Fee Simple
Special Listing Condition Standard
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