Property

Reading, PA 19601 19 N 6Th Street

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Presented By: Iron Valley Real Estate of York County
  • MLS# PABK2040004
  • 02/27/2024
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  • SQFT • 26

Home Details

Right in the heart of Reading, this property is ready for a new owner. 19 North 6th Street is occupied by long-reliable tenants, it is positioned right by the Courthouse, a parking garage, and local government offices. The property is in an economic opportunity zone and with most of the tenants being non-profit or County Agencies; you can apply for potential tax relief. There is over 60k in leasable square feet and the courtyard provides an excellent outdoor space for employees to get some fresh air and enjoy their lunch break. The current owner would like to stay and occupy space which leaves just one vacancy on the 5th floor. The projected monthly cash flow is 16k. Perfect for an owner occupant or investor.
Presented By: Iron Valley Real Estate of York County

Interior Features for 19 N 6Th Street

Other Interior Features

Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Number of Elevators2
Total Stories5

General for 19 N 6Th Street

Acceptable FinancingCash, Conventional
AccessibilityElevator
Association Recreation FeeN
Business TypeProfessional
Cap Rate5.00
CityREADING
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyBERKS
DirectionsTake 222 Business into Reading, head East on Penn Street, then North onto N 6th Street.
ExclusionsAll personal property
FULLFee Simple
HeatingOther
Location TypeBusiness District
Lot Size Square Feet12196.80
Lot Size UnitsSquare Feet
MLS AreaReading City (10201)
ModificationTimestamp2024-11-01T14:37:22
MunicipalityREADING CITY
Net Operating Income16000.00
New ConstructionNo
NumberOfUnitsTotal0
OwnerPaysAir Conditioning, All Utilities, Common Area Maintenance, Snow Removal, Taxes - Real Estate
PossessionSettlement
Price Per Sq Ft Total AG37.88
Property SubtypeOffice
Property TypeCommercial Sale
Property UseOwner User
Security FeaturesDesk in Lobby
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount59944.0
Tax Assessed Value173900.0
Tax Lot4485
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1976
Year Built SourceEstimated
ZoningKOZ
Zoning DescriptionCommercial Office

Exterior for 19 N 6Th Street

Building Area Total66000.00
Car Parking Spaces
InclusionsKitchen appliances on all levels.
Land Assessed Value53600.00
Land Use Code4121
Lot Dimensions0.00 x 0.00
Lot Size Acres0.28
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street, Public Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $2,500,000
MLS#PABK2040004
List Date 02/27/2024
Property Type Commercial
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