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550 Penn Avenue, West Reading, PA 19611
$695,000 -$55,000 (-7.33%) Price Reduced
550 Penn Avenue, West Reading, PA 19611View this property at 550 Penn Avenue, West Reading, PA 19611
550 Penn AvenueWest ReadingPA19611
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Property Description
Bring your business to the heart of West Reading. This 4,000 sq. ft. building sits at the center of the city on the corner of 6th and Penn. First floor and basement currently occupied by Simply Bold Cafe. Second & Third floor contain our real estate office which will be relocating. Retail/commercial space on first floor contains a full kitchen in the basement, several dining areas, retail space, office and restroom. Real estate office contains conference room, 5 separate offices, copier room, additional flex space and a second restroom. Main entrance off of Penn Ave. second entrance on 6th' St. and rear entrance off 7 car parking lot in the back.
Full Property Details
Full Property Details for 550 Penn Ave
General
- Price: $695,000
- Taxes: $7,881 (2023)
- Status: Active
- Type: Business
- MLS ID: PABK2042874
- Updated: 5/28/2024
- Added to Site: 30 day(s) ago
Business
- Business Type: Medical, Professional, Restaurant/Bar
Interior
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Restrooms: 2
Parking
- Total Spaces: 7
- Parking Features: Private, Public
- Parking Type: Parking Lot
Location
- Area: West Reading Boro (10293)
- Municipality: WEST READING BORO
- County: Berks
- Development Name: None Available
- Subdivision: None Available
- Building Name: NONE AVAILABLE
- Cross Streets: 6Th
- Driving Directions: 422 to Penn Ave. into West Reading. Corner of 6th and Penn.
- Location Details: Downtown
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air, Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Aluminum Siding, Brick, Stone, Mixed Plumbing
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
- Ceiling Height: 8' to 10'
- Stories/Levels: 0
- Year Built: 1908
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Road Frontage
- Zoning: COM
- Lot Description: Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $154.44
- Assessment Year: 2023
- School Tax: $6,244
- City/TownTax: $223
- City/TownTax Freq: Annually
- County Tax: $1,413
- County Tax Freq: Annually
- Tax w/Assessment: $184,600
- Tax Amount: $7,881
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Lot Number: 8113
Listed by Bold Realty, Trent L Stauffer
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Schools
Schools serving 550 Penn Ave
School District:Wyomissing Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
421 Chestnut St, West Reading, PA 19611 | 5-6 | 0.2 mi | |
110 Woodland Rd, Wyomissing, PA 19610 | K-4 | 1.5 mi | |
630 Evans Ave, Wyomissing, PA 19610 | 7-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 Penn Ave
Date
Details
Price
Change
Source
5/28/2024
Price Reduced
$695,000
-7.33%
MLS
5/21/2024
Price Reduced
$750,000
-5.66%
MLS
5/04/2024
Listed
$795,000
122.38%
MLS
10/22/2012
Sold
$357,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 550 Penn Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,959
-42%
$184,600
—
2023
$6,772
-28%
$184,600
—
2022
$9,470
2%
$184,600
—
2021
$9,306
3%
$184,600
—
2020
$9,035
2%
$184,600
—
2019
$8,847
3%
$184,600
—
2018
$8,597
2%
$184,600
—
2017
$8,406
2%
$184,600
—
2016
$8,262
2%
$184,600
—
2015
$8,115
1%
$184,600
—
2014
$8,035
—
$184,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 550 Penn Ave
550 Penn Avenue, West Reading, PA 19611 (MLS# PABK2042874) is a Business property. 550 Penn Avenue is currently listed for $695,000 and was received on May 04, 2024. Want to learn more about 550 Penn Avenue? Do you have questions about finding other Business real estate for sale in West Reading? You can browse all West Reading real estate or contact a Coldwell Banker agent to request more information.