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PRICE $21,000 dsIDX morgage calculator
SIZE 15,556 sqft
LOT SIZE 17,424 sqft

**For Lease: Versatile Commercial Space - Perfect for Educational or Other Uses** Discover a unique leasing opportunity in a professionally renovated building that is fully approved for use as a school, accommodating up to 80 students and 30 staff members. This spacious property offers a generous 15,556 square feet, spread over two stories, making it ideal for various commercial applications. The first floor encompasses 7,893 square feet and is handicap-accessible, while the second floor spans 7,663 square feet. Each floor features its own designated entrance, allowing for separate use by different tenants, providing flexibility in occupancy and operations. Zoning classification as HM (Heavy Manufacturing) opens the door to a wide array of potential uses beyond its previous operation as a special needs school. Suitable options include charter schools, technical or vocational schools, special needs facilities, large adult/toddler daycare centers, as well as opportunities for manufacturing, industrial processing, banking, colleges, exercise clubs, self-storage facilities, and more. Situated just blocks off the exit ramp for Lancaster Ave. on Route 422, the property boasts excellent accessibility to regional destinations. It is in close proximity to Alvernia University, enhancing its appeal for educational purposes. The location offers convenient connectivity, being 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 area surrounding the property has seen significant development and growth in recent years, with local government actively supporting new businesses. Notably, 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, which will attract even more businesses to the area. This property is ripe for your growing business, providing an exceptional opportunity to secure a versatile space that can cater to educational institutions or a range of other commercial enterprises. The property is also listed as Commercial Sale under MLS# PABK2045640. Contact us today for more information or to schedule a tour!

DAYS ON MARKET 191 LAST UPDATED 5/31/2024
YEAR BUILT 1940 COMMUNITY Reading City (10201)
COUNTY BERKS STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
AREA Reading City (10201)
CONSTRUCTION Brick
HEAT Electric, Oil
INTERIOR Elevator
LOT 0.4 acre(s)
LOT DIMENSIONS 130x135
PARKING On Street
SEWER Public Sewer
STORIES 2
UTILITIES Cable Available, Natural Gas Available
VIEW Yes
VIEW DESCRIPTION City, Street
WATER Public
ZONING Heavy Manufacturing
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 641 GREGG AVENUE
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