641 Gregg Ave, Reading, PA 19611 | For Rent

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For Rent $21,000

$21,000
  • (0)
  • 2 Units
  • Unknown Sq Ft
  • 17,600 Sq Ft
  • Unknown Cap Rate

Description

Fully approved for use as a school with 80 students and 30 staff members. This professionally renovated building features 15,556 sq. ft. on two stories. The handicap-accessible first floor covers 7893 sq. ft., while the second floor spans 7663 sq. ft. Each floor includes its own designated entrance that will allow for separated use by different tenants. Zoned HM for heavy manufacturing, there are many potential uses, most recently this housed a special needs school. Other potential uses include charter school, technical/vocational school, special needs facility, large adult/toddler daycare, or similar. The space is also zoned to accommodate manufacturing or industrial processing, banking or financial institutions, colleges/universities, exercise clubs, self-storage facilities, and so much more. The property is located just blocks off the exit ramp for Lancaster Ave. on Route 422, and close to Alvernia University, with easy access to regional destinations. It is located approximately 2.5 hrs. from NYC, 1.5 hrs. from Harrisburg, 1.25 hrs. from Philadelphia, 1 hr. from Allentown and Hershey, and 45 mins. from Lancaster. The area around the property has experienced a high level of development and growth in recent years, with favorable local government welcoming and inviting new businesses to town. The local Penn State Health/St. Joseph s Medical Center is expanding, as the nearby AW Golden lot is being converted into a strip mall with a grocery anchor that will bring more businesses into the area as well. Ripe for business, this property is perfect for your growing business! Also listed as Commercial Sale - MLS# PABK2045640

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $21,000
Property Type Special Purpose
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1940
Last Sold Unknown
Sold Price Unknown
APN # 18530656447060
MLS # PABK2043300
Property ID 320496031
Lot Sqft 17,600
Zoning HM
Total Units 2
Days on Market 119
Original List Price Unknown
Date Updated September 09, 2024
Date Created May 15, 2024
Pets Unknown
Furniture 0
Laundry 0

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Sean H Moretti an agent of . Lic #RM421788


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Data last updated: September 11, 2024.

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