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sales rep | Brivity IDX

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525 Penn St , Reading, PA 19601
$1,150,000
Est. Payment: $6,212.50/mo
14837 Sqft
0.1 Acres
Status: active | Days on site: 241
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CBSLCT-W - 3243349
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House Description

525 Penn Street in Reading City is located on the heaviest traveled block within the city. This building is situated one block off of the Berks County Court house and Santander Arena. Most outside public events throughout the year are held on the 500 block. 525 Penn St. building has a total of 6 units, 4 units are leased, generating incoming with a cap rate over 8%. The building itself is located in the Commercial-Core, historic district of Reading. The roof has been replaced in the past two years, and each unit has its own central air/heat system, for easy utility billing. Downtown Penn St. has recently added Alvernia University to the 400 block, and a new state of the art hospital is scheduled to be coming to the American House on the corner of the 300 block. In the past few weeks, several sections of the 400 block have been purchased and the improvement and revitalization of Penn St has accelerated. The benefits of 525 Penn St. is that the property is turnkey and incoming generating, leaving no delay for a build out or renovation process. This property is ahead of the rest and is located among the best. All documents available to show you the analytics of success this building has to offer.

Highlights

Listed by Jason Jason Miller , 4847217218 Coldwell Banker Realty , 6103739900. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.1

Year Built

1880

County

Berks

Area

Reading City (10201)

School District

Reading

Listing ID

PABK2068944

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Interior Features

Air Cond:Central A/C
Fireplaces:
Floor:Ceramic Tile,Hardwood,Laminated,Luxury Vinyl Plank,Carpet,Wood
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:0.00 x 0.00
Zoning:C-C COMMERCIAL CORE
Roof:Flat,Rubber
Others:
  • ▪ Additional:Very Good
Sewer:Public Sewer
Parking Features:Paved Parking,Public,On Street,Public Garage
Principal Interest
$6,212
Taxes
$733

Home Price

$1,150,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$230,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,212.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,212.50 $733.13 $0.00 $6,945.62
Yearly $74,549.99 $8,797.50 $0.00 $83,347.49
Total $2,236,499.66 $263,925.00 $0.00 $2,500,424.66
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Reading, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS