BEDS0
BATHS
MLS#PABK2068316
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLREADING
Property Description
Positioned in the heart of Downtown Reading, this rare multi-building opportunity offers investors the potential to develop 12–14 apartment units in a rapidly evolving corridor. Previously utilized as a Drug Addiction Parole & Probation Treatment facility, the property features substantial square footage and a layout conducive to multifamily conversion. Ideal for developers seeking a high-upside repositioning project in a growing rental market. With strong rental demand in the area and continued downtown revitalization, this asset presents a strategic opportunity for long-term cash flow and appreciation. Bring your vision and unlock the full potential of this prime investment.
Property Features
Property Type: Commercial -
Cooling: None
Fuel Type: Natural Gas
Heating: Steam
Lot Size: 0.12 Acres
Taxes: $8,712
Year Built: 1920
Feature Descriptions
Accessibility: 2+ Access Exits
Exterior: Brick Front
Lot Dimensions: 0.12 Acre(S)
Municipality: READING CITY
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 15
Water: Public
Local Schools
School District: READING
Listed By / Shown By
Listed By
Agency Name: Light House Realtors, LLC
Agency Phone: 4842730056
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First American
417 Walnut Street | MLS# PABK2068316
This commercial property located at 417 Walnut Street, Reading, PA 19601 is currently listed for sale with an asking price of $420,000. Walnut Street is located within the READING school district. Search Reading real estate on www.homesale.com today.