$299,900
355 N 8th St
Details
APN 09-5307-76-92-5472
Property Type Industrial
Sub Type Warehouse, Commercial
Square Footage 5,227
Tenancy Vacant
Price per SqFt $57
Year Built 1900
Stories 1
Acreage 0.120
Zoning Commercial
Parking Spaces 35 spaces
Parking per 1,000 SqFt 6.70
Ownership Fee Simple
Industrial | 5,227 SqFt
Marketing description
Opportunity favors the prepared. Own a corner property in a high traffic area on the north side of the City of Reading. This property offers approximately 5,227 square feet of single story warehouse space and serves as a blank canvas for an investor with vision. The current owner has obtained quotes for a new roof and electrical work has already been started, providing a strong foundation for redevelopment. One of the most valuable features of this property is its parking capacity. In a city where parking is limited, this property offers a rare solution. A garage door on 8th Street leads to a concrete and steel underground basement garage with an estimated capacity of approximately 35 vehicles. This makes the property especially attractive for future development, including residential, retail, or mixed use projects. The City of Reading requires parking for most conversions, a requirement that this property is positioned to satisfy. Ideal for a multi unit residential building, grocery store, venue space, or other redevelopment opportunity. Bring your vision and take advantage of this rare investment opportunity.
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