501 Penn Street # UNIT 1A Reading, PA
$ 1,800
Property Attributes
  • MLS#PABK377284
  • TypeCommercial
  • CountyBERKS
  • CityReading
  • AreaReading City
  • Zip19601
  • StyleGeneral Retail,Professional,Restaurant/Bar
  • Price$ 1,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
Destination Realty LLC
Data Source:
Bright MLS - 382 - MD
Property Description

First floor retail space most recently the location known as Paulie's Soups. This small restaurant space is perfectly located to draw in the nearly 11,000 downtown employees, and another 9,000 residence within the downtown area. Walkability Score: 94/100 – “Walkers Paradise” Source: At the heart of downtown Reading, this will be the new hot spot for students as Alvernia University moves into town. While the space has been used as a restaurant for many years, other retail businesses are welcome to apply. Includes a small basement area for storage, currently set up with a hood, stove and dish washing station. $1800 is a target asking price understanding that concessions are available for tenant fit-out and to accommodate start up costs.

Price History
5/13/2021 Listed $1,800

General Features

Accessibility 32 + wide Doors
Business Type Other/General Retail, Professional, Restaurant/Bar, Other
Construction Materials Block, Brick, Combination, Concrete, Mixed Plumbing, Rock, Stone
Cooling Central A/C
County BERKS
Current Use Food & Beverage, Restaurant, Retail
Days on Market 75
Electric 100 Amp Service, 200+ Amp Service, Circuit Breakers
Exclusions Owners belongings and existing equipment fixtures available for use in as-is condition, no guarantees / no warranty. tenant must confirm directly with the city of Reading for intended use.
Flooring Slate, Other
Heating Central
Leasable Area 1800
Location Type Downtown
MLS Area Reading City (10201)
Municipality READING CITY
New Construction No
Price Per Sq Ft 1.0
Property SubType Retail
Property Type Commercial Lease
PropertyCondition Average
Rent Includes Other
Roof Rubber, Architectural Shingle
Sewer Public Sewer
Total Units 1
Unit Number UNIT 1A
Utilities Cable TV Available, Electric Available, Natural Gas Available, Phone Available
Vacation Rental Y/N No
View City, Street, Other
Water Access Y/N No
Zoning Description zoning permits many retail services restaurants, clothing, amusement arcade, banks, schools, personal services, taverns

Interior Features

Central Air Y/N Yes
Entry Level 1
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Number of Elevators 1
Total Restrooms 12

Exterior Features

Fencing Y/n No
Foundation Details Stone, Brick/Mortar, Concrete Perimeter, Crawl Space
Inclusions existing equipment fixtures available for use in as-is condition, no guarantees / no warranty. tenant must confirm directly with the city of Reading for intended use.
Lot Dimensions 0.00 x 0.00
Lot Features Corner, Level, Road Frontage, Zero Lot Line
Lot Size Acres 0.07
Lot Size Source Assessor
Lot Size Square Feet 3049.00
Navigable Water Y/N No
Road Responsibility City/County
Road Surface Type Black Top, Paved
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19601

AVG 97
Year Built
AVG 1900

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