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    126 N 5TH Street

    READING, PA 19601
    • $450,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: PABK365268
    Foreclosure
    UPDATED: 62 min ago
    $450,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1890
    County:

    School Ratings & Info

    School District:

    Description

    This amazing property is now available In the heart of Reading's Commercial Core. There are so many possibilities for this building. As you look through the photos and watch some video, you'll see everything from the beautiful marble and mirror entrance, professional office spaces, to warehouse / manufacturing space and a truck sized freight elevator that goes from the basement to the 3rd floor! (More photos to come that will include views of the four amazing apartments, a retail store, and a finished room in the "front basement"!) From 5th St, you can enter the stair way to the apartments or the entrance to the retails store, and a little further up are two more 5th St entrances giving access to the gallery, offices and interior parking. The entrance to the gallery and offices is spectacular, with marble and mirrored walls, open stairway to the mezzanine offices... some on the first floor and a larger suite on the second floor. On to the "unfinished spaces", there are three stories of block built warehouse / manufacturing space with a garage entrance opening up onto Madison Ave. Inside you'll see ground level parking for about 10 cars, and access to two large upper floors where hair color was made back in the 80's for Renbow USA, an international corporation. Wrapping it up, we have to mention the large rear basement, also accessible from the oversized freight elevator. Here you'll see the "large gas heater".... it's newer and in good working order. System details / brand available , the label on the heater is the "last photo" in the photo library. Set up your showing now! Be a part of Reading's revitalization and bring this property back to life!

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-24T14:51:30.19.
    www.ramusrealty.com/homes/110930389
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    126 N 5TH Street READING, PA 19601

    • Price: $450,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: PABK365268
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1890
    Built
    Neighborhood:
    Reading City (10201)
    County:
    Berks
    Area:
    Reading City (10201)
    School District:
    Reading
    Property Description
    This amazing property is now available In the heart of Reading's Commercial Core. There are so many possibilities for this building. As you look through the photos and watch some video, you'll see everything from the beautiful marble and mirror entrance, professional office spaces, to warehouse / manufacturing space and a truck sized freight elevator that goes from the basement to the 3rd floor! (More photos to come that will include views of the four amazing apartments, a retail store, and a finished room in the "front basement"!) From 5th St, you can enter the stair way to the apartments or the entrance to the retails store, and a little further up are two more 5th St entrances giving access to the gallery, offices and interior parking. The entrance to the gallery and offices is spectacular, with marble and mirrored walls, open stairway to the mezzanine offices... some on the first floor and a larger suite on the second floor. On to the "unfinished spaces", there are three stories of block built warehouse / manufacturing space with a garage entrance opening up onto Madison Ave. Inside you'll see ground level parking for about 10 cars, and access to two large upper floors where hair color was made back in the 80's for Renbow USA, an international corporation. Wrapping it up, we have to mention the large rear basement, also accessible from the oversized freight elevator. Here you'll see the "large gas heater".... it's newer and in good working order. System details / brand available , the label on the heater is the "last photo" in the photo library. Set up your showing now! Be a part of Reading's revitalization and bring this property back to life!
    Exterior Features

    Construction Materials Other Garage YN No Location Type Business District Lot Features InteriorLevelRoad FrontageOther Parking Features Unassigned Parking Types On StreetPrivate Garage Property Condition GoodAverage Riparian Rights YN No Road Responsibility City/County Road Surface Type PavedBlack Top Roof RubberOtherUnknown Soil Types Unknown View CityStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 23000.00 Cooling Central A/C Exclusions Tenant Owned items Flooring ConcreteFully CarpetedHardwoodLaminatedMarblePartially CarpetedOther Heating Baseboard - ElectricOther Heating YN Yes Net Square Feet 23000.00 Security Features Fire Detection SystemSmoke Detector

    Property Features

    Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2020 Association YN No Business Type Apartment BuildingBanquet Facility/LodgeFlexHair Salon And SpaHealth ClubManufacturingMedicalOther/General RetailParking GarageProfessionalRestaurant/BarSchoolSupermarket/Grocery StoreTheaterWarehouseOther Central Air YN Yes Cooling Fuel Electric Cross Street Washington Electric 100 Amp Service Elevators 1 Entry Level 1 Heating Fuel Natural GasElectric Historic YN Yes Hot Water Electric Incorporated City Name Reading City Internet Services BroadbandCableDslFiber Optic Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 14 Original MLSNumber 304339653148 Ownership Interest Fee Simple Possession Immediate0-30 Days Cd31-60 Days Cd61-90 Days CdNegotiable Property Sub Type Mixed Use Sale Type Reo (Real Estate Owned) Sewer Public Sewer Tax Annual Amount 11888.00 Tax Assessment Amount 274700.00 Tax Lot 6095 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 Mile Utilities Cable Tv AvailableElectric AvailableMultiple Phone LinesNatural Gas AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 1980 Zoning Cc Zoning Description Commercial CoreMany Uses By Right. Very Favorable For Mixed Use ResidentialCommercial Uses Possible.

    Listing courtesy of Destination Realty Llc.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-24T14:51:30.19.
     
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