Property

Reading, PA 19602 545 Canal Street

545 Canal Street Reading, PA - Image 1545 Canal Street Reading, PA - Image 2545 Canal Street Reading, PA - Image 3
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545 Canal Street Reading, PA - Image 4545 Canal Street Reading, PA - Image 5545 Canal Street Reading, PA - Image 6
Presented By: Springer Realty Group
  • MLS# PABK2025692
  • 01/20/2023
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  • SQFT • 80,000

Home Details

Welcome to 531 545 Canal st Reading Pa For Sale or Lease. There is a grant program that will pay 75% of the cost to purchase and convert this into apartments. A total of 80,000 square foot on 4 stories is available. Property has parking lot. This is a remodeled building with multi-tenant occupancy. Former use was Bills Khakis. Current tenants include Reading Film Studio, A City of Reading Office Plus Many More. Space is available of Event Space. Building is connected to the Canal Street Pub. Office, Industrial, Manufacturing space available for single or multi-tenant occupancy. Floor plans available. Grant Opportunity's Available and Tax Advantages Available. All appointments, and offers are subject to 3rd party approval. Also leasing at $10 per square foot triple net.
Presented By: Springer Realty Group

Interior Features for 545 Canal Street

Bathrooms

Total Restrooms4

Other Interior Features

Central Air Y/NYes
FlooringWood
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas

General for 545 Canal Street

AccessibilityOther
Association Recreation FeeN
Building NameCANAL ST COMMONS
Business TypeApartment Building, Banquet Facility/Lodge, Big Box Retail, Flex, Health Club, Manufacturing, Medical, Professional, Recreation, Religious Facility, Restaurant/Bar, Storage, Warehouse
CityREADING
Construction MaterialsBrick, Mixed
Cool FuelElectric
CoolingCentral A/C
CountyBERKS
Directionswillow and canal st intersection
Electric200+ Amp Service
Exclusionstenants personal property
FULLFee Simple
Heating90% Forced Air
Lease Considered Y/NYes
Location TypeUrban
Lot Size Square Feet108900.00
Lot Size UnitsSquare Feet
MLS AreaReading City (10201)
ModificationTimestamp2024-10-31T01:52:03
MunicipalityREADING CITY
New ConstructionNo
NumberOfUnitsTotal20
Possession0-30 Days CD
Price Per Sq Ft Total AG50.0
Property ConditionExcellent
Property SubtypeOffice
Property TypeCommercial Sale
RoofFlat, Pitched
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameREADING
Tax Annual Amount2980.0
Tax Assessed Value67100.0
Tax Lot3606
Tax Year2024
UtilitiesWater Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Above Ground
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningRR

Exterior for 545 Canal Street

Building Area Total80000.00
Car Parking Spaces30
Foundation DetailsStone, Concrete Perimeter, Brick/Mortar
Land Assessed Value3700.00
Land Use Code4199
Lot Dimensions0.00 x 0.00
Lot Size Acres2.50
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Road ResponsibilityBoro/Township
Total Loading Docks2
Total Parking Spaces40
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $4,000,000
MLS#PABK2025692
List Date 01/20/2023
Property Type Commercial
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