Located along Readings established Penn Street business corridor near City Park, this approximately 5,500-square-foot commercial property offers an investor the opportunity to own a versatile building with multiple income-producing spaces and a variety of potential uses. The property is currently configured with six commercial units, including a first-floor retail/storefront, four second-floor office suites, and a large open studio-style space on the third floor. The first-floor store includes a small apartment located behind the commercial space. The second floor features four individual office suites with shared bathrooms and vending. The owner currently occupies two of the suites and would like to continue leasing those spaces, providing an opportunity for an investor to maintain an established occupancy arrangement. The third floor offers approximately 900 square feet of open studio-style space, providing flexibility for a variety of professional, creative, office, or service-oriented uses. The space includes its own private bathroom. With multiple commercial spaces, a mix of existing uses, and flexible floor plans, the property offers investors the opportunity to maintain existing occupancy while exploring additional leasing and value-creation opportunities.
This calculator is provided for informational purposes only by Burrow Services, Inc. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.