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$5,950 For Lease

123 N 3rd Street
Reading, PA 19601


9,174 sq ft;
lot: 6098 sq ft
Commercial Lease: Office - MLS# PABK326016
Property Photo

Description

Excellent 1st & 2nd Floor Office Suites (1, 000SF Each) with High-Cube 3, 484SF Office/Flex/Retail/Warehouse/Event Space with Nice Open Courtyard Seating Area in Safe City Area (Near Goggle-Works) This property includes the Adjacent Land & Properties at 129 & 131 N. 3rd Street. $71, 400SF Annual Triple-Net Rent breaks down as follows: 1st Floor Office Suite ($14, 400), 2nd Floor Office Suite ($18, 000), 1st Floor 3, 484SF Office/Flex/Warehouse ($30, 000), and 2, 154SF Full Open Basement ($9, 000)

Features

  • # of Parking Spaces Included: Private 1-10 Spaces
  • Above Grade Fin SQFT Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Accessibility: 36"+ Wide Halls
  • Annual Rental Income: $71400.00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT Source: Assessor
  • Building Level Count: 2
  • Building Total SQFT: 9,174
  • Building Units Total: 3
  • Cap Rate: 10.10
  • Central Air Y/N: Yes
  • Construction Materials: Block, Brick, Metal Siding
  • Cooling Type: Central A/C
  • County/Area: Berks County
  • Entry Floor Number: 1
  • Exclusions: All furnishings and personal items, all artwork, all appliances, computer equipment, & security came
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Concrete
  • Foundation Details: Slab
  • Gross Scheduled Income: 71400.00
  • Heating: Natural Gas
  • Heating Type: Heat Pump - Gas BackUp
  • Heating Y/N: Yes
  • Hot Water: Natural Gas
  • Improvements: Above Grade, Below Grade
  • Land Use Code: 3345
  • Leasable Area Annual Tax: 2311.00
  • Leasable SQFT: 8,174
  • Listing Status: Active
  • Location Type: Downtown
  • Lot Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Estimated
  • Lot Size: 0.1400
  • Lot Size Units: Square Feet
  • Lot SQFT: 6,098
  • Months Rent Upfront: $1.00
  • Municipal Trash Y/N: Yes
  • Operating Expense: 30000.00
  • Photo Option: Lister Will Upload All
  • Property Condition: As-is Condition
  • Property Type: Commercial Lease
  • Road Responsibility: City/County
  • Roof: Shingle
  • School District: Reading
  • SchoolDistrictSource: Listing Agent
  • Sewer Septic: Public Sewer
  • Sq.Ft.: 9174
  • Sub Type: Office
  • Tax Annual Amount: 2311.0
  • Tax Year: 2018
  • Tenant Pays: Utilities - All, Trash Removal, Taxes, Snow Removal, HVAC Maintenance, Common Area Maintenance, Insu
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT Source: Assessor
  • Total Restrooms: 4
  • Total SQFT Source: Assessor
  • Type Of Parking: Off Street, Parking Lot
  • Units Leased Count: 1
  • Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Wat
  • Water Source: Public
  • Year Built: 1900
  • Year Built Source: Public Records
  • Year Major Renovation/Remodel: 2015
  • Zip Code: 19601
  • Zoning: COMMERCIAL / INDUSTRIAL
  • Zoning Description: Professional Office/Retail/Warehousing/Special Events Space/Flexible Uses
  • View: City

Courtesy of:

711 Spring Street 
Wyomissing, PA 19610

Phone: (610) 898-1441

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