Property

Reading, PA 19611 641 Gregg Avenue

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Presented By: Destination Realty LLC
  • MLS# PABK2043300
  • 05/16/2024
  • Request Tour
  • Request Info
  • SQFT • 15,556

Home Details

**For Lease: Versatile Commercial Space Perfect for Educational or Other Uses** Discover a unique leasing opportunity in a professionally renovated building that is fully approved for use as a school, accommodating up to 80 students and 30 staff members. This spacious property offers a generous 15,556 square feet, spread over two stories, making it ideal for various commercial applications. The first floor encompasses 7,893 square feet and is handicap-accessible, while the second floor spans 7,663 square feet. Each floor features its own designated entrance, allowing for separate use by different tenants, providing flexibility in occupancy and operations. Zoning classification as HM (Heavy Manufacturing) opens the door to a wide array of potential uses beyond its previous operation as a special needs school. Suitable options include charter schools, technical or vocational schools, special needs facilities, large adult/toddler daycare centers, as well as opportunities for manufacturing, industrial processing, banking, colleges, exercise clubs, self-storage facilities, and more. Situated just blocks off the exit ramp for Lancaster Ave. on Route 422, the property boasts excellent accessibility to regional destinations. It is in close proximity to Alvernia University, enhancing its appeal for educational purposes. The location offers convenient connectivity, being approximately 2.5 hours from NYC, 1.5 hours from Harrisburg, 1.25 hours from Philadelphia, 1 hour from Allentown and Hershey, and 45 minutes from Lancaster. The area surrounding the property has seen significant development and growth in recent years, with local government actively supporting new businesses. Notably, the local Penn State Health/St. Josephs Medical Center is expanding, and the nearby AW Golden lot is being transformed into a strip mall with a grocery anchor, which will attract even more businesses to the area. This property is ripe for your growing business, providing an exceptional opportunity to secure a versatile space that can cater to educational institutions or a range of other commercial enterprises. The property is also listed as Commercial Sale under MLS# PABK2045640. Contact us today for more information or to schedule a tour!
Presented By: Destination Realty LLC

Interior Features for 641 Gregg Avenue

Other Interior Features

Central Air Y/NYes
FlooringVinyl, Other
Heating FuelElectric, Oil
Heating Y/NYes
Hot WaterElectric
Number of Elevators1
Total Stories2

Other Rooms

Entry Level1

General for 641 Gregg Avenue

Accessibility2+ Access Exits, 32 + wide Doors, 36 + wide Halls, Elevator, Ramp - Main Level, Other
Availability Date2024-05-18
Business TypeManufacturing, Institutional, Medical, Professional, Truck Maintenance Facility, Other, Warehouse
CityREADING
Construction MaterialsBlock, Brick, Mixed Plumbing
CoolingCentral A/C
CountyBERKS
Current UseVacant
DirectionsFrom Lancaster Ave, take North Angelica St, property is the last on the Right, on the corner with Gregg Ave.
Electric440 Volts
HeatingOther
Leasable Area15556
Lease TypeNone
Location TypeFree Standing
Lot Size Square Feet17600.00
Lot Size UnitsSquare Feet
MLS AreaReading City (10201)
ModificationTimestamp2024-10-31T02:08:16
MunicipalityREADING CITY
New ConstructionNo
NumberOfUnitsTotal2
Ok to Lease36 Months
OwnerPaysOther
Price Per Sq Ft Total AG1.35
Property ConditionVery Good, Excellent
Property SubtypeSpecial Purpose
Property TypeCommercial Lease
Rent IncludesHeat, Lease Special Terms
RoofRubber
Security FeaturesExterior Cameras, Security System
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tenant PaysCable TV, Common Area Maintenance, Electricity, Exterior Maintenance, Gas, Heat, Hot Water, HVAC Maintenance, Insurance, Janitorial Service, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Minor Inte
Topographygentle slope, from rear to front
TransportationAirport less than 10 miles, Bus Stop less than 1 mile
UtilitiesCable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Vacation Rental Y/NNo
ViewStreet, Other, City
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningHM
Zoning DescriptionHeavy Manufacturing

Exterior for 641 Gregg Avenue

Building Area Total15556.00
Car Parking Spaces14
Fencing Y/NN
Lot Dimensions130x135
Lot FeaturesRear Yard, SideYard(s), Zero Lot Line, Other
Lot Size Acres0.40
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Parking FeaturesPaved Parking
Road Frontage Length135
Road ResponsibilityCity/County
Road Surface TypePaved
Topography Descriptiongentle slope, from rear to front
Total Loading Docks0
Total Parking Spaces14
Type of ParkingParking Lot, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Catarina Gomes

Associate
Price $21,000
MLS#PABK2043300
List Date 05/16/2024
Property Type Commercial
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