Property
Reading, PA 19610 625-627 Spring Street
$3,990,000
38 more
Presented By: RE/MAX Of Reading
SQFT • 26,860
Home Details
Remax Commercial is pleased to present an investment property located at 625-627 Spring Street, Wyomissing, Pennsylvania. This property includes a 22,060 square foot office/medical space and an attached 4,800 SF warehouse on 3.14 acres of land in the Borough of Wyomissing. KPS and FMC have occupied their suites since August of 1996. Recently, both Tenants have extended their leases which shows a strong commitment to the building, and the area for the last 28 + years. The treatment that Fresenius Medical Care provides would be considered an essential need, and both Tenants have a recession-proof business. The current owner would like to sell the property as a leaseback sale.
Presented By: RE/MAX Of Reading
Interior Features for 625-627 Spring Street
Other Interior Features
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 625-627 Spring Street
AccessibilityLevel Entry - Main
Association Recreation FeeN
Building NameNONE AVAILABLE
Business TypeMedical, Professional, Warehouse
CityREADING
Construction MaterialsBrick Front
Cool FuelElectric
CoolingCentral A/C
CountyBERKS
Directions422 E. to the Spring Street exit, right on Crossing Dr., left on Spring Street to property on the left.
FULLFee Simple
Heating90% Forced Air
Lot Size Square Feet137214.00
Lot Size UnitsSquare Feet
MLS AreaWyomissing Boro (10296)
ModificationTimestamp2024-10-14T14:54:57
MunicipalityWYOMISSING BORO
New ConstructionNo
NumberOfUnitsTotal
PossessionNegotiable
Price Per Sq Ft Total AG148.55
Property ConditionVery Good
Property SubtypeOffice
Property TypeCommercial Sale
RoofBuilt-Up, Rubber
Security FeaturesFire Detection System
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount59100.0
Tax Assessed Value1222800.0
Tax Lot8175
Tax Year2024
UtilitiesElectric Available, Natural Gas Available, Phone, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1975
Year Built SourceEstimated
ZoningC-2
Exterior for 625-627 Spring Street
Building Area Total26860.00
Car Parking Spaces100
Land Assessed Value337300.00
Land Use Code4426
Lot Dimensions0.00 x 0.00
Lot Size Acres3.15
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesLighted Parking, Paved Parking, Private, Handicap Parking
Total Loading Docks1
Total Parking Spaces102
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner