505 Penn St, Reading, PA 19601 For Sale

Introducing 505 Penn St, known as the Stichter Hardware Building, a landmark in the heart of Reading's downtown area. Rebuilt in 1909, this beautiful and historic office building, located in the newly formed CRIZ district, is now available for sale, offering a unique opportunity to own a piece of local history. Conveniently located in the center of Reading's growing business district, this property is just steps away from numerous downtown attractions, including the Santander Arena, Performing Arts Center, Berks County Services Center, Greater Reading Chamber Alliance, and the Doubletree Hotel. Additionally, the Alvernia University College Towne Campus is nearby, enhancing the area's vibrancy and accessibility. The building offers several public parking garages and surface lots in close proximity, and it includes its own surface lot parking spaces as well as a large attached garage, providing ample parking for tenants and visitors. Currently, the property is nearly 85% occupied, making it an excellent opportunity for either an owner-occupant looking to establish their business in a historic setting or an investor aiming to expand their portfolio. This is your chance to be part of the revitalization of Reading's downtown.