525 PENN ST, Reading, PA 19601

Property 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.

Listing Status:

Active

Data Last Updated:

March 24, 2026 at 7:18AM

Listing Office:

Coldwell Banker Realty : 6103739900

Listing Agent:

Jason Jason Miller : 4847217218

MLS ID:

PABK2068944

Interior

• Flooring: Ceramic tileHardwoodLaminatedLuxury vinyl plankCarpetWood
• A/C: Central A/C
• Heating: CentralElectric
• Disability Feature: 36"+ wide HallsElevatorLevel Entry - MainOther

Exterior

• Parking: Paved ParkingPublic

Construction

• Roofing: FlatRubber
• General: BrickCement SidingStoneWood SidingStoneConcrete Perimeter

Location

• Originating MLS: BRIGHT_MAIN
• School District: READING
• County: BERKS-PA

Lot

• Zoning: C-C COMMERCIAL CORE07-5307-83-80-1316
• View: City

Utilities

• Utilities: Electric availableCable tv availablePhone availableSewer availableWater available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN