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    625-627 Spring Street Reading, PA $ 3,990,000
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    $ 3,990,000 Get more info
    625-627 Spring Street
    $ 3,990,000
    Back to search
    Share Save

    625-627 Spring Street

    Reading, PA, 19610
    $ 3,990,000
    Bedrooms-- Baths-- Sq 26,860

    Monthly Estimate*

    $ 26,519

    625-627 Spring Street, Reading, PA 19610 - Image 1

    Commercial Property for sale in Reading, PA

    for $3,990,000. This 26,860 square foot building was built in 1975 on a lot size of 3.15.

    We are pleased to present an investment property located at 625-627 Spring Street, Wyomissing, Pennsylvania. This property includes a 22,060 square foot office/medical space and an attached 4,800 SF warehouse on 3.14 acres of land in the Borough of Wyomissing. KPS and FMC have occupied their suites since August of 1996. Recently, both Tenants have extended their leases which shows a strong commitment to the building, and the area for the last 28 + years. The treatment that Fresenius Medical Care provides would be considered an essential need, and both Tenants have a recession-proof business. The current owner would like to sell the property as a leaseback sale.

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    Commercial Active

    Price

    $ 3,990,000

    Property Type

    Commercial

    Taxes

    $ 54,785

    Style

    Medical,Professional,Warehouse

    Lot Size

    3.15

    Year Built

    1975

    Town/City

    Reading

    County/Region

    Berks

    MLS | Web ID

    PABK2049468
    Features
    Interior
    Heating Fuel Electric
    Hot Water Electric
    Heating Y/N Y
    Central Air Y/N Y
    General
    Sewer Public Sewer
    Heating 90% Forced Air
    Cooling Central A/C
    Utilities Electric Available Natural Gas Available Phone Sewer Available Water Available
    Possession Negotiable
    Roof Built-Up Rubber
    Zoning C-2
    Security Features Fire Detection System
    Construction Materials Brick Front
    Year Built 1975
    Property Subtype Office
    Tax Year 2025
    Ownership Fee Simple
    Cool Fuel Electric
    Municipality WYOMISSING BORO
    Business Type Medical Professional Warehouse
    Building Name NONE AVAILABLE
    Accessibility Level Entry - Main
    County BERKS
    New Construction N
    Property Type Commercial Sale
    Water Access Y/N N
    Status ACTIVE
    Directions 422 E. to the Spring Street exit right on Crossing Dr. left on Spring Street to property on the left.
    City READING
    Number Of Units Total 0
    MLS Area Wyomissing Boro (10296)
    Lot Size Units Square Feet
    Lot Size Square Feet 137214.00
    Waterfront Y/N N
    Tax Annual Amount 54785.0
    Property Condition Very Good
    Price Per Sq Ft Total AG 148.55
    Vacation Rental Y/N N
    Standard Status Active
    Year Built Source Estimated
    Tax Lot 8175
    Association Recreation Fee N
    Exterior
    Parking Features Lighted Parking Paved Parking Private Handicap Parking
    Water Source Public
    Type of Parking Parking Lot
    Water View Y/N N
    Building Area Total 26860.00
    Lot Dimensions 0.00 x 0.00
    Lot Size Acres 3.15
    Lot Size Source Assessor
    Land Assessed Value 337300.00
    Navigable Water Y/N N
    Water Oriented Y/N N
    Internal Only
    Street Number 1 625
    * Excluded Features
    List By
    Re/Max Of Reading

    Broker

    kwrobel@remax.net

    Email

    Affordability Calculator

    $31,084
    Per Month
    85%
    15%
    0%
    Monthly Principal & Interest
    $26,519
    Monthly Property Taxes
    $4,565
    Monthly Home Insurance
    --
    Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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    Nearby
    2136830 Elementary School
    2137124 Middle School
    Unknown High School High School
    See complete school information
    Pricing History
    DatePricePrice ChangeDescription
    10/7/2024$3,800,000 Listed Price

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    625-627 Spring Street, Reading, PA, 19610 is a Commercial Property for sale at $3,990,000 with 26,860 sqft and a lot size of 3.15. 625-627 Spring Street was built in 1975. The property's zip code is 19610 which is in Reading, PA

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