Back to search
545 Canal Street Reading, PA $ 4,000,000
Share Save
$ 4,000,000 Get more info
545 Canal Street
$ 4,000,000
Back to search
Share Save

545 Canal Street

Reading, PA, 19602
$ 4,000,000
Baths0.0 Sq 80,000

Monthly Estimate*

$ 27,941

545 Canal Street, Reading, PA 19602 - Image 1
545 Canal Street, Reading, PA 19602 - Image 2
545 Canal Street, Reading, PA 19602 - Image 3
545 Canal Street, Reading, PA 19602 - Image 4
545 Canal Street, Reading, PA 19602 - Image 5
545 Canal Street, Reading, PA 19602 - Image 6
545 Canal Street, Reading, PA 19602 - Image 7
Studio

Commercial Property for sale in Reading, PA

for $4,000,000. This 80,000 square foot building was built in 1900 on a lot size of 2.5.

Welcome to 531 545 Canal st Reading Pa For Sale or Lease. There is a grant program that will pay 75% of the cost to purchase and convert this into apartments. A total of 80,000 square foot on 4 stories is available. Property has parking lot. This is a remodeled building with multi-tenant occupancy. Former use was Bills Khakis. Current tenants include Reading Film Studio, A City of Reading Office Plus Many More. Space is available of Event Space. Building is connected to the Canal Street Pub. Office, Industrial, Manufacturing space available for single or multi-tenant occupancy. Floor plans available. Grant Opportunity's Available and Tax Advantages Available. All appointments, and offers are subject to 3rd party approval. Also leasing at $10 per square foot triple net.

See more
Commercial Active

Price

$ 4,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,933

Style

Apartment Building,Banquet Facility/Lodge,Big Box

Lot Size

2.5

Year Built

1900

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2025692
Features
Interior
Heating Fuel Natural Gas Electric
Flooring Wood
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Total Restrooms 4
See more
General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Utilities Water Available Sewer Available Natural Gas Available Electric Available Phone Cable TV Available Above Ground
Possession 0-30 Days CD
Roof Flat Pitched
Zoning RR
Construction Materials Brick Mixed
Exclusions tenants personal property
Year Built 1900
Electric 200+ Amp Service
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality READING CITY
Business Type Apartment Building Banquet Facility/Lodge Big Box Retail Flex Health Club Manufacturing Medical Professional Recreation Religious Facility Restaurant/Bar Storage Warehouse
Building Name CANAL ST COMMONS
Accessibility Other
County BERKS
New Construction N
Property Type Commercial Sale
Subdivision Name READING
Water Access Y/N N
Status ACTIVE
Directions willow and canal st intersection
City READING
Buyer Agent Compensation 1
Total Units 20
MLS Area Reading City (10201)
Lot Size Square Feet 108900.00
Waterfront Y/N N
Street Name CANAL
Tax Annual Amount 2933.0
Property Condition Excellent
Price Per Sq Ft 50.0
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 467
Location Type Urban
Standard Status Active
Year Built Source Estimated
Tax Lot 3606
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
See more
Exterior
Water Source Public
Type of Parking Parking Lot
Foundation Details Stone Concrete Perimeter Brick/Mortar
Water View Y/N N
Building Area Total 80000.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 2.50
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility Boro/Township
Land Assessed Value 3700.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 545
See more
* Excluded Features
List By
Springer Realty Group

Broker

pete@petegustis.com

Email

Affordability Calculator

$28,186
Per Month
99%
1%
0%
Monthly Principal & Interest
$27,941
Monthly Property Taxes
$244
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/20/2023$3,000,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

545 Canal Street, Reading, PA, 19602 is a Commercial Property for sale at $4,000,000 with 80,000 sqft and a lot size of 2.5. 545 Canal Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 19602 which is in Reading, PA

Get more info