3050 5Th Street HwyReading, PA 19605

Property Details for 3050 5Th Street Hwy

Year built

1980

Lot size

51.18 AC

Property size (Sq ft)

26,475 SF

Property type

Sports & entertainment properties

Property subtype

Theaters & concert halls

APN

5308-11-66-7589

APU

530811667589

Description

This exceptional retail property, located at 3050 N 5th Street Hwy in Reading, Pennsylvania (zip code 19605), presents a significant opportunity for lease or sale. The building, a two-story standalone structure, boasts approximately 99,559 square feet of space, ideal for a single tenant. Its prime location within the Reading retail corridor ensures high visibility and accessibility. The property benefits from ample parking, a crucial element for attracting customers. Its strategic placement adjacent to established businesses such as Boscov's, AMC Theatres, and Planet Fitness further enhances its appeal and potential for success. The building's previous occupant was Burlington, indicating a proven track record of retail viability. This substantial space offers a unique chance to establish a flagship location or expand an existing retail operation in a thriving commercial area. The property is classified as a retail anchor space, signifying its importance and potential influence within the shopping center. Interested parties are encouraged to explore this exceptional opportunity to secure a prominent presence in a high-traffic retail environment. The property's size and location make it an attractive investment for businesses seeking significant retail space in a well-established commercial area.

• Alternative Use

  Use

  Valuation

  Residential

  $4,677,375

  Hospitality

  $4,284,450

  Educational

  $3,564,612

  Medical

  $3,687,205

  Retail

  $5,544,952

Location Insight

City

Reading

County

Berks

State

Pennsylvania

Latitude

40.3804

Longitude

-75.9309

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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