641 GREGG AVENUE, Reading, PA 19611

  • $1,495,000
641 GREGG AVENUE, Reading, PA 19611
Active Very Good Excellent
641 GREGG AVENUE, Reading, PA 19611
641 GREGG AVENUE, Reading, PA 19611
  • $1,495,000

Overview

Property ID: PABK2045640
  • Commercial Sale
  • Property Type
  • 15556
  • 1940
  • Year Built

Description

**For Sale: Versatile Commercial Building with Development Potential**
Explore a prime opportunity with this solid commercial building, fully approved for use as a school, accommodating **80 students and 30 staff members**. This professionally renovated property features a generous **15,556 sq. ft.** spread across two stories. The **handicap-accessible first floor** covers **7,893 sq. ft.**, while the **second floor** spans **7,663 sq. ft.** Each level has its own designated entrance, allowing for separated use by different tenants, providing flexibility and convenience.

Zoned **HM (Heavy Manufacturing)**, this building offers many potential uses. Most recently operated as a special needs school, it could easily be transformed into a charter school, technical or vocational school, special needs facility, or large adult/toddler daycare. The zoning also accommodates manufacturing or industrial processing, banking or financial institutions, colleges/universities, exercise clubs, self-storage facilities, and more.

Strategically located just blocks off the exit ramp for **Lancaster Ave. on Route 422**, this property is in close proximity to **Alvernia University**, providing excellent access to regional destinations. It is 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 surrounding area has experienced significant development and growth in recent years, with favorable local government initiatives encouraging new businesses to set up shop. The local **Penn State Health/St. Joseph’s Medical Center** is expanding, and the nearby **AW Golden lot** is being transformed into a strip mall with a grocery anchor, further enhancing the appeal of this location for future business opportunities.

This property is ripe for your growing business! It is also listed as a commercial lease under **MLS# PABK2043300**. Don’t miss out on this exceptional opportunity—contact us today for more information or to schedule a viewing!

  • Address 641 GREGG AVENUE
  • City Reading
  • State/county PA
  • Zip/Postal Code 19611
  • Country US

Details

Updated on October 31, 2024 at 6:08 am
  • Property ID: PABK2045640
  • Price: $1,495,000
  • Property Size: 15556
  • Garage Size: x x
  • Year Built: 1940
  • Property Type: Commercial Sale
  • Property Status: Active

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**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

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