641 Gregg AveReading, PA 19611

For Lease
$22/SF/YR

15,556 SF Multi-Tenant Property in Reading, PA

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 15,556-square-foot building at 641 Gregg Ave, Reading, PA, presents a unique investment opportunity. Fully approved for school use (80 students, 30 staff), this professionally renovated, two-story property boasts separate entrances for each floor, offering flexibility for multiple tenants. The first floor encompasses 7,893 square feet, while the second floor offers 7,663 square feet, both handicap-accessible. Zoned HM (heavy manufacturing), the property's potential uses are diverse, including charter schools, vocational schools, special needs facilities, large daycare centers, manufacturing, financial institutions, colleges, fitness centers, and self-storage. The 0.4-acre lot includes 14 parking spaces and a 400-amp power supply. Conveniently located blocks from Route 422's Lancaster Ave exit, near Alvernia University, and within easy reach of major cities (Philadelphia, NYC, Harrisburg), this property benefits from a thriving local economy, fueled by recent development and the expansion of Penn State Health/St. Joseph's Medical Center and a new nearby strip mall. The minimum divisible space is 12,000 square feet. Tax ID #: 06-5307-73-61-0814. This prime location offers excellent access to regional destinations and a welcoming business environment. The property is ripe for a variety of uses and represents a strong investment opportunity.

Highlights

  • Fully approved for 80 students and 30 staff.
  • Professionally renovated, 15,556 SF, two-story building.
  • Handicap-accessible first floor (7,893 SF), second floor (7,663 SF); separate entrances.
  • HM zoning allows diverse uses, including manufacturing and educational facilities.
  • Suitable for charter school, vocational school, daycare, or similar uses.
  • Excellent location near Route 422, Alvernia University, and major regional destinations.

Unit(s) available at that property

Space
Available Space 1
Size
15,560 SF
Rate per SF
$22

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.318203478829
Longitude
-75.939346184822
641 Gregg Ave, Reading, Pennsylvania

FAQs

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641 Gregg Ave
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