New Listing
$575,000
( $139.33Per Sq Foot )
 $3,087 est/mo Sourced by Back At You

853 Penn St,READING, PA 19601

READING, PA 19601

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Description

Welcome to 853 Penn Street, a prime mixed-use investment opportunity in the heart of Reading. This income-producing property features 6 units plus the bar. Located just one block from Santander Arena, the property benefits from strong foot traffic and excellent visibility. The sale does not include liquor license. This is a turnkey opportunity for an energetic entrepreneur . With multiple income streams and a prime downtown location, this property presents a strong opportunity for investors or owner-operators.

Details

MLS #PABK2080320
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1912
Days On Site1
Listing Provided ByCentury 21 Gold | Gilbert W Carbon

Features

Units7
ZoningC-R
Acreage0.05

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingHot Water

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount5606

Area Information

StatePA
CountyBERKS PA
CityREADING
Zip Code19601
AreaReading City (10201)
School DistrictREADING
Listing VS Median (in 19601)
Price:
$575,000
low | high
Med:
$195,000
100% of Average
On site:
1
low | high
Med:
48
2.083333333333% of Average
Sourced by Back At You

Market Activity 19601

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Learn More About This Property

StatePA
CountyBERKS PA
CityREADING
Zip Code19601
AreaReading City (10201)
School DistrictREADING
Listing VS Median (in 19601)
Price:
$575,000
low | high
Med:
$195,000
100% of Average
On site:
1
low | high
Med:
48
2.083333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $431K - $718K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
835 WASHINGTON ST Property Photo 1
$470,000
835 Washington St
Reading, PA 19601
835 WASHINGTON ST Property Photo 1
$470,000
835 Washington St
Reading, PA 19601
112 N 11TH ST Property Photo 1
$575,000
112 N 11th St
Reading, PA 19601
Listing Updated: November 1, 2026 at 4:52:30 AM PST