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19 N 6Th Street Reading, PA $ 2,500,000
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19 N 6Th Street
$ 2,500,000
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19 N 6Th Street

Reading, PA, 19601
$ 2,500,000
Baths0.0 Sq 26

Monthly Estimate*

$ 16,616

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Studio

Commercial Property for sale in Reading, PA

for $2,500,000. This 26 square foot building was built in 1976 on a lot size of 0.28.

Right in the heart of Reading, this property is ready for a new owner. 19 North 6th Street is occupied by long-reliable tenants, it is positioned right by the Courthouse, a parking garage, and local government offices. The property is in an economic opportunity zone and with most of the tenants being non-profit or County Agencies; you can apply for potential tax relief. There is over 60k in leasable square feet and the courtyard provides an excellent outdoor space for employees to get some fresh air and enjoy their lunch break. The current owner would like to stay and occupy space which leaves just one vacancy on the 5th floor. The projected monthly cash flow is 16k. Perfect for an owner occupant or investor.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 59,944

Style

Professional

Lot Size

0.28

Year Built

1976

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2040004
Features
Interior
Heating Fuel Electric
Hot Water Electric
Total Stories 5
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Number of Elevators 2
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General
Sewer Public Sewer
Heating Other
Cooling Central A/C
Possession Settlement
Zoning KOZ
Security Features Desk in Lobby
Construction Materials Brick
Exclusions All personal property
Year Built 1976
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality READING CITY
Business Type Professional
Accessibility Elevator
County BERKS
Net Operating Income 16000.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Take 222 Business into Reading head East on Penn Street then North onto N 6th Street.
City READING
Buyer Agent Compensation 2.5
Zoning Description Commercial Office
Total Units 0
MLS Area Reading City (10201)
Lot Size Square Feet 12196.80
Waterfront Y/N N
Street Name 6TH
Tax Annual Amount 59944.0
Price Per Sq Ft Total 37.88
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 86
Location Type Business District
Standard Status Active
Year Built Source Estimated
Tax Lot 4485
Cap Rate 5.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions Kitchen appliances on all levels.
Type of Parking On Street Public Garage
Water View Y/N N
Building Area Total 66000.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.28
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 429000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 19
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* Excluded Features
List By
Iron Valley Real Estate Of York County

Broker

simon.overmiller@gmail.com

Email

Affordability Calculator

$21,611
Per Month
77%
23%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
$4,995
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
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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
5/22/2024$2,500,000 -21.88% Price Down
2/27/2024$3,200,000 Listed Price

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19 N 6Th Street, Reading, PA, 19601 is a Commercial Property for sale at $2,500,000 with 26 sqft and a lot size of 0.28. 19 N 6Th Street is a studio with 0.0 baths and was built in 1976. The property's zip code is 19601 which is in Reading, PA

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