408 Penn StReading, PA 19602

This exceptional Reading, PA storefront at 408 Penn Street offers a substantial 32,152 square feet of space, with 22,152 square feet currently available for lease or sale. The property is a three-story building boasting approximately 10,000 square feet of first-floor retail space, presenting a significant opportunity for a variety of businesses. The upper two floors, totaling approximately 20,152 square feet, offer considerable potential for future development. This could include conversion into office space, residential apartments, or a combination of both, significantly increasing the property's value. The location is highly desirable, situated directly across from the Alvernia University campus, ensuring a consistent flow of potential customers. Furthermore, the property benefits from a strong demographic profile, with approximately 57,729 households within a 10-minute drive. This presents a substantial market for retail businesses and future tenants. The property is classified as a value-add investment, offering significant upside potential for a savvy investor. This is a rare opportunity to acquire a large, well-located retail space with substantial development potential in a thriving Pennsylvania market. Serious inquiries only.