641 GREGG AVE Active

Reading,PA 19611

$ 21000

- Bed

- Bath

15556 SqFt


Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Rent

Square Footage 15,556 sqft

MLS Listing ID PABK2043300

HOA Y/N N

Originating Board BRIGHT

Year Built 1940

Lot Size 0.404 Acres

Acres 0.4

Lot Dimensions 130x135

Property Description

**For Lease: Versatile Commercial Space – Perfect for Educational or Other Uses**

Discover a unique leasing opportunity in a professionally renovated building that is fully approved for use as a school, accommodating up to 80 students and 30 staff members. This spacious property offers a generous 15,556 square feet, spread over two stories, making it ideal for various commercial applications.

The first floor encompasses 7,893 square feet and is handicap-accessible, while the second floor spans 7,663 square feet. Each floor features its own designated entrance, allowing for separate use by different tenants, providing flexibility in occupancy and operations. Zoning classification as HM (Heavy Manufacturing) opens the door to a wide array of potential uses beyond its previous operation as a special needs school. Suitable options include charter schools, technical or vocational schools, special needs facilities, large adult/toddler daycare centers, as well as opportunities for manufacturing, industrial processing, banking, colleges, exercise clubs, self-storage facilities, and more.

Situated just blocks off the exit ramp for Lancaster Ave. on Route 422, the property boasts excellent accessibility to regional destinations. It is in close proximity to Alvernia University, enhancing its appeal for educational purposes. The location offers convenient connectivity, being approximately 2.5 hours from NYC, 1.5 hours from Harrisburg, 1.25 hours from Philadelphia, 1 hour from Allentown and Hershey, and 45 minutes from Lancaster.

The area surrounding the property has seen significant development and growth in recent years, with local government actively supporting new businesses. Notably, the local Penn State Health/St. Joseph’s Medical Center is expanding, and the nearby AW Golden lot is being transformed into a strip mall with a grocery anchor, which will attract even more businesses to the area.

This property is ripe for your growing business, providing an exceptional opportunity to secure a versatile space that can cater to educational institutions or a range of other commercial enterprises. The property is also listed as Commercial Sale under MLS# PABK2045640. Contact us today for more information or to schedule a tour!

Location

State PA

County Berks

Area Reading City (10201)

Zoning HM

Interior

Hot Water Electric

Heating Other

Cooling Central A/C

Flooring Vinyl,Other

Heat Source Electric,Oil

Exterior

Garage Spaces 14.0

Utilities Available Cable TV Available,Electric Available,Natural Gas Available,Phone Available,Sewer Available,Water Available

Waterfront N

Water Access N

View Street,Other,City

Roof Type Rubber

Street Surface Paved

Accessibility 2+ Access Exits,32\"+ wide Doors,36\"+ wide Halls,Elevator,Ramp - Main Level,Other

Road Frontage City/County

Parking Type Parking Lot,On Street

Total Parking Spaces 14

Garage N

Building

Lot Description Rear Yard,SideYard(s),Zero Lot Line,Other

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Reading Senior

School District Reading

Others

Tax ID 18-5306-56-44-7060

Ownership Other

SqFt Source Estimated

Miscellaneous Heat,Lease Special Terms

Security Features Exterior Cameras,Security System

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