788 Fritztown Road Reading, PA ^$ 590,000

788 Fritztown Road

^$ 590,000

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788 Fritztown Road

Reading, PA, 19608

^$ 590,000

Studio Baths0.0 Sq 14,580

Monthly Estimate*

^$ 3,921

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Studio

Commercial Property for sale in Reading, PA

for $590,000. This 14,580 square foot building was built in 1970 on a lot size of 1.34.

A great opportunity awaits seize your chance to secure a profitable investment in this income-generating industrial property. Presently, the property is leased to three well-established tenants, each with written leases in place. These leases come with varying terms, ranging from 1 to 3 years, and will transfer to the new owner. Encompassing an impressive 14,000 square feet of versatile space, this property offers an abundance of room for your business operations or the option to continue reaping the rewards of multiple tenancies. Ample parking facilities are at your disposal, alongside a prime location boasting over 200 feet of road frontage, ensuring exceptional visibility and an ideal environment for your business endeavors. Don't miss out on this unique investment opportunity!

Commercial Active

Price

^$ 590,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,740

Style

Manufacturing,Storage,Warehouse

Lot Size

1.34

Year Built

1970

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2035060

Features

Interior

Heating Fuel Electric

Flooring Concrete Dirt

Hot Water Electric

Total Stories 2

Heating Y/N Y

Street Suffix ROAD

Central Air Y/N N

Entry Level 1

Number of Elevators 0

General

Sewer Public Sewer

Heating Baseboard - Electric

Cooling Window Unit(s)

Utilities Cable TV Available Electric Available Phone Propane Sewer Available

Possession Other

Roof Metal

Zoning MANUFACTURING INDUSTRIAL

Construction Materials Steel Siding

Year Built 1970

Electric 3 Phases 200+ Amp Service

View Street

Property SubType Five Or More Units

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel None

Municipality SPRING TWP

Business Type Manufacturing Storage Warehouse

Accessibility None

County BERKS

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions GPS

City READING

Buyer Agent Compensation 2

MLS Area Spring Twp (10280)

Lot Size Square Feet 58370.00

Waterfront Y/N N

Street Name FRITZTOWN

Tax Annual Amount 8740.0

Price Per Sq Ft 40.47

Vacation Rental Y/N N

Days on Market 213

Standard Status Active

Year Built Source Estimated

Tax Lot 8688

Buyer Agent Compensation Type % Of Gross

Exterior

Parking Features Surface Unassigned Private

Lot Features Interior Irregular Level Open Road Frontage SideYard(s) Other

Water Source Well

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 14580.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 1.34

Road Surface Type Black Top

Lot Size Units Square Feet

Lot Size Source Assessor

Road Responsibility State

Land Assessed Value 73700.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 788

* Excluded Features

List By

Keller Williams Elite

Broker

joseph.fisher@kw.com

Affordability Calculator

$4,650

Per Month

Monthly Principal & Interest: $3,921
Monthly Property Taxes: $728
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Reading, PA

Average List Price ^$729,551

Percent of Sale Price 24%

About Reading, PA

89,350 Population

10% Since 2002

^$27,966 Median Income

32.19 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2024	$590,000	-7.81%	Price Down
2/29/2024	$640,000	-7.25%	Price Down
2/8/2024	$690,000	-9.21%	Price Down
11/9/2023	$760,000	-6.17%	Price Down
9/26/2023	$810,000		Listed Price

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788 Fritztown Road, Reading, PA, 19608 is a Commercial Property for sale at $590,000 with 14,580 sqft and a lot size of 1.34. 788 Fritztown Road is a studio with 0.0 baths and was built in 1970. The property's zip code is 19608 which is in Reading, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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788 Fritztown Road

Commercial Property for sale in Reading, PA

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