For Sale
$975,000

700 Lancaster Ave Reading, PA 19607

13,000 SF Office, Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This 13,000 square foot, two-story office building at 700 E Lancaster Ave in Reading, Pennsylvania, presents a unique owner-user or investment opportunity. Built in 1940 and renovated in 2016, the property boasts a Class B designation and sits on a 0.54-acre lot (APN 18-5306-65-53-2429). The building is zoned CH - Commercial Highway, offering excellent visibility and main street frontage. The flexible floor plan includes approximately 9,500 square feet of vacant space on the main level, ideal for immediate occupancy. The street level, approximately 3,500 square feet, is currently leased month-to-month to an art school. Ample off-street parking is available. The asking price is $975,000 ($75 per square foot), and owner financing may be considered. This versatile property is suitable for traditional office, medical office, or creative office uses, offering a compelling combination of location, size, and potential. The property's previous use as a special needs educational facility provides adaptable space for a variety of businesses. This prime Reading location offers significant advantages for businesses seeking high visibility and convenient access.

Highlights

  • High visibility with main street frontage.
  • Ample off-street parking available.
  • Flexible floor plan adaptable to various uses.

Property Details for 700 Lancaster Ave

Property type
Office properties, Office space
Square Feet
13,000 SF
Class
B
Year Built/Renovated
1940/2016
Buildings
1
Stories
2
Lot Size (sq. ft)
23,522 SF

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.31743385
Longitude
-75.93797405

FAQs

What type of property is this?
Office property - 13,000 SF Office, Owner/User Opportunity
Where is the office property located?
The property is located at 700 Lancaster Ave Reading, PA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: High visibility with main street frontage.; Ample off-street parking available.; Flexible floor plan adaptable to various uses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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700 Lancaster Ave
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