Property

Reading, PA 19608 4708 Penn Avenue

Pending
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Presented By: RE/MAX Of Reading
  • MLS# PABK2059886
  • 07/16/2025
  • Request Tour
  • Request Info
  • SQFT • 75,714

Home Details

4708 Penn Avenue consists of two buildings on a 7.12 acres site. The strip mall is divided into five tenant spaces, totaling approximately 72,214 square feet of rentable area which is constructed on a concrete slab with block walls, and a built-up asphalt roof with gravel ballast over the former furniture store, and rubber roofing over the remaining suites. The vacant former furniture store comprises roughly 61,316 square feet, subdivided into a showroom, office space, storage room, mechanical rooms, and a loading dock with two rear dock doors. The remaining tenant spaces are currently occupied, including a pack-and-mail store, nail salon, restaurant, and tanning salon with long term leases. All units feature gas-fired, roof-mounted HVAC systems, individually metered electric service, public water, and sewer. The second structure is a free-standing bank branch of approximately 3,200 SF, with multiple drive-through lanes and easy access to Penn Avenue, constructed by the Bank in 2003, This center has frontage along Penn Avenue and access by a traffic light-controlled intersection and a second entrance along beacon road to the east of the property.
Presented By: RE/MAX Of Reading

Interior Features for 4708 Penn Avenue

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterOther

General for 4708 Penn Avenue

Accessibility32 + wide Doors, Mobility Improvements
Business TypeOther
CityREADING
Construction MaterialsMixed
Cool FuelElectric
CoolingCentral A/C
CountyBERKS
Directions422 W (Penn Avenue) to Sinking Spring, property on the left
HeatingForced Air
Lot Size Square Feet310147.00
Lot Size UnitsSquare Feet
MLS AreaSouth Heidelberg Twp (10251)
MunicipalitySOUTH HEIDELBERG TWP
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG85.85
Property SubtypeRetail
Property TypeCommercial Sale
RoofBuilt-Up, Rubber
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Tax Annual Amount124008.0
Tax Assessed Value2600000.0
Tax Lot3019
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1986
Year Built SourceEstimated
ZoningC-2

Exterior for 4708 Penn Avenue

Building Area Total75714.00
Car Parking Spaces215
Land Assessed Value542400.00
Land Use Code4546
Lot Dimensions0.00 x 0.00
Lot Size Acres7.12
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesLighted Parking, Paved Parking, Surface
Total Loading Docks2
Total Parking Spaces217
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $6,500,000
MLS#PABK2059886
List Date 07/16/2025
Property Type Pending
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