123, 129, 131 N. Third Street | 123- 131 N 3rd St
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123, 129, 131 N. Third Street 123- 131 N 3rd St Local commercial 743 m² À vendre Reading, PA 19601 581 855 € (782,88 €/m²)
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Across the Street from GoggleWorks Arts Center & Future $18.5M Community Housing Development
- Easy Access to Alvernia University CollegeTowne; & Reading Area Community College (R.A.C.C.)
- In the Heart of Downtown Reading which is Improving Rapidly with Investments & New Housing
- 4-5 Blocks from Santander Arena, Penn Street Shops & Dining
- Short Walk to Schuylkill River Trail - a Regional Amentity for Outdoor Activities & Connectivity
- Sale is Eligible for SBA 504 Loan Program - Only Requires 10% Down Payment for an End-User Buyer
RÉSUMÉ ANALYTIQUE
OWN YOUR FUTURE - 123-131 N. Third Street, Reading, PA 19601
Ideal for Small Business Owners Looking to Buy Their Own Space
SBA Financing Available
CRIZ Zone
Art & Culture Hub
Near Schuylkill River Trail
Located in Reading, PA's CRIZ Zone, just steps from GoggleWorks Center for the Arts; this property is 0.27 Acres redevelopment site sits in the heart of Reading's revitalization downtown. Surrounded by public art, small businesses, colleges, and expanding green-spaces. 123-131 N. Third Street is ideal for business owners ready to expand, relocate or diversify - and own your space.
SBA FINANCING OPTION AVAILABLE:
- SBA 504 Loan Program - as little as 10% down payment
- Fixed Interest Rates - up to 25 years amortized
- Preserve Working Capital vs. traditional loans
- Build Equity - instead of paying rent
REDEVELOPMENT READY:
- Zoning: R-3 Mix-Use District(residential + commercial)
- Lot Size: 0.27 Acres (Three combined lots)
- Buildable Size Allowed: Up to 21,171 SF (35-60 feet height limit - use-dependent)
- Utilities: public water & public sewer to all three parcels)
Ideal for: restaurants; bar/brewery; bookstore; coffee house; event space; and other retail businesses; or hybrid live/work spaces
LOCATION HIGHLIGHTS:
- Across from GoggleWorks Arts Center & future $18.5M community housing development
- 4-5 blocks from Santander Arena; Penn Street shops & dining
- Easy access to Alvernia University CollegeTowne; and Reading Area Community College (R.A.C.C.)
- Short walk to the Schuylkill River Trail - a regional amenity for outdoor activity and connectivity
ONGOING DOWNTOWN IMPROVEMENTS:
- GoggleWorks Art Park: Public art garden, artisan market, outdoor stages (2024-2027) = $10M
- New restaurant & café space: In partnership with the DoubleTree by Hilton
- Expanded classes, festivals and gallery events - boosting foot traffic
- Streetscaping, public art, and CRIZ backed infrastructure upgrades in progress
PROPERTY BREAKDOWN:
- Property #1 (Building 1) - Two-fully renovated office/residential units - Unit A: 1,000 SF with full bathroom; Unit B: 1,500 SF with full bathroom = Total 2,500 SF
- Property #1 (Building 2) - Retail/Flex Warehouse space with courtyard (2,000 SF basement not included) = Total 4,000 SF
- Property #2 (Building 3) - Two-story structure with new roof (2 floors @ 750 SF/each) = Total 1,500 SF
- Property #3 (Vacant Lot)
PROPERTY VALUE & COST VERVIEW:
123 N. Third Street (Property #1 - Building #1 - Office/Residential) - 2,500 SF - $320,000
123 N. Third Street (Property #1 - Building #2 - Warehouse) - 4,000 SF - $225,000
129 N. Third Street (Property #2 - Building #3 - Storage Structure) - 1,500 SF - $60,000
131 N. Third Street (Property #3 - Vacant Lot) - $60,000
TOTAL ASKING PRICE = $665,000
WHY INVEST NOW?
Reading, PA is re-emerging as a cultural and commercial hub, CRIZ incentives, confirmed capital projects, and a growing creative business ecosystem make this an outstanding opportunity for entrepreneurs and investors looking for stability, appreciation, and visibility.
SCHEDULE A TOUR OR LEARN MORE - CONTACT:
Geoffrey Moody - KW Commercial
Tel: 610-533-2389
Email: gmoody@kwcommercial.com
Ideal for Small Business Owners Looking to Buy Their Own Space
SBA Financing Available
CRIZ Zone
Art & Culture Hub
Near Schuylkill River Trail
Located in Reading, PA's CRIZ Zone, just steps from GoggleWorks Center for the Arts; this property is 0.27 Acres redevelopment site sits in the heart of Reading's revitalization downtown. Surrounded by public art, small businesses, colleges, and expanding green-spaces. 123-131 N. Third Street is ideal for business owners ready to expand, relocate or diversify - and own your space.
SBA FINANCING OPTION AVAILABLE:
- SBA 504 Loan Program - as little as 10% down payment
- Fixed Interest Rates - up to 25 years amortized
- Preserve Working Capital vs. traditional loans
- Build Equity - instead of paying rent
REDEVELOPMENT READY:
- Zoning: R-3 Mix-Use District(residential + commercial)
- Lot Size: 0.27 Acres (Three combined lots)
- Buildable Size Allowed: Up to 21,171 SF (35-60 feet height limit - use-dependent)
- Utilities: public water & public sewer to all three parcels)
Ideal for: restaurants; bar/brewery; bookstore; coffee house; event space; and other retail businesses; or hybrid live/work spaces
LOCATION HIGHLIGHTS:
- Across from GoggleWorks Arts Center & future $18.5M community housing development
- 4-5 blocks from Santander Arena; Penn Street shops & dining
- Easy access to Alvernia University CollegeTowne; and Reading Area Community College (R.A.C.C.)
- Short walk to the Schuylkill River Trail - a regional amenity for outdoor activity and connectivity
ONGOING DOWNTOWN IMPROVEMENTS:
- GoggleWorks Art Park: Public art garden, artisan market, outdoor stages (2024-2027) = $10M
- New restaurant & café space: In partnership with the DoubleTree by Hilton
- Expanded classes, festivals and gallery events - boosting foot traffic
- Streetscaping, public art, and CRIZ backed infrastructure upgrades in progress
PROPERTY BREAKDOWN:
- Property #1 (Building 1) - Two-fully renovated office/residential units - Unit A: 1,000 SF with full bathroom; Unit B: 1,500 SF with full bathroom = Total 2,500 SF
- Property #1 (Building 2) - Retail/Flex Warehouse space with courtyard (2,000 SF basement not included) = Total 4,000 SF
- Property #2 (Building 3) - Two-story structure with new roof (2 floors @ 750 SF/each) = Total 1,500 SF
- Property #3 (Vacant Lot)
PROPERTY VALUE & COST VERVIEW:
123 N. Third Street (Property #1 - Building #1 - Office/Residential) - 2,500 SF - $320,000
123 N. Third Street (Property #1 - Building #2 - Warehouse) - 4,000 SF - $225,000
129 N. Third Street (Property #2 - Building #3 - Storage Structure) - 1,500 SF - $60,000
131 N. Third Street (Property #3 - Vacant Lot) - $60,000
TOTAL ASKING PRICE = $665,000
WHY INVEST NOW?
Reading, PA is re-emerging as a cultural and commercial hub, CRIZ incentives, confirmed capital projects, and a growing creative business ecosystem make this an outstanding opportunity for entrepreneurs and investors looking for stability, appreciation, and visibility.
SCHEDULE A TOUR OR LEARN MORE - CONTACT:
Geoffrey Moody - KW Commercial
Tel: 610-533-2389
Email: gmoody@kwcommercial.com
BILAN FINANCIER (RÉEL - 2024) |
ANNUEL | ANNUEL PAR m² |
|---|---|---|
| Taxes |
2 900 €
|
3,78 €
|
| Frais d’exploitation |
-
|
-
|
| Total des frais |
2 900 €
|
3,78 €
|
BILAN FINANCIER (RÉEL - 2024)
| Taxes | |
|---|---|
| Annuel | 2 900 € |
| Annuel par m² | 3,78 € |
| Frais d’exploitation | |
|---|---|
| Annuel | - |
| Annuel par m² | - |
| Total des frais | |
|---|---|
| Annuel | 2 900 € |
| Annuel par m² | 3,78 € |
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement ou propriétaire occupant
Conditions de vente
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
743 m²
Classe d’immeuble
B
Année de construction/rénovation
1900/2016
Prix
581 855 €
Prix par m²
782,88 €
Occupation
Multi
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,68
Surface du lot
0,11 ha
Zone de développement économique [USA]
Oui
Zonage
R-3 with Commercial Use - R-3 Quartier résidentiel à usage commercial autorisé
Stationnement
6 places (8,07 places par 1 000 m² loué)
Façade
23 m sur N. Third Street
CARACTÉRISTIQUES
- Accès 24 h/24
- Cour
- Système de sécurité
- Espace d’entreposage
- Climatisation
- Balcon
1 of 1
Walk Score®
Très praticable à pied (87)
PRINCIPAUX COMMERCES À PROXIMITÉ
TAXES FONCIÈRES
| Numéro de parcelle | 06-5307-82-61-8069 | Évaluation totale | 45 355 € (2025) |
| Évaluation du terrain | 13 420 € (2025) | Impôts annuels | 2 900 € (3,90 €/m²) |
| Évaluation des aménagements | 31 935 € (2025) | Année d’imposition | 2024 |
TAXES FONCIÈRES
Numéro de parcelle
06-5307-82-61-8069
Évaluation du terrain
13 420 € (2025)
Évaluation des aménagements
31 935 € (2025)
Évaluation totale
45 355 € (2025)
Impôts annuels
2 900 € (3,90 €/m²)
Année d’imposition
2024
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123, 129, 131 N. Third Street | 123- 131 N 3rd St
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