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$ 795,000
Est. payment | /mo
25,000 SqFt
$ 795,000
Est. payment | /mo
25,000 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 25,000 sqft
Price per Sqft $31
MLS Listing ID PABK2044618
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $10,510
Tax Year 2024
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 0.00 x 0.00
Property Description
Industrial / Commercial Building 26,000 SQ.FT. This well maintained three floor Manufacturing Building, has a second parcel containing a paved parking lot located in the Commercial District of Laureldale Borough. Owner occupant or Investment potential with the right tenant. Rental income on the building in 2023 was $111,685 where the tenant paid all utilities, insurance and repairs except roof. Rental income on second parking lot parcel for 2023 was $4360. Main floor consists of offices, lab, employee lunchroom and warehouse space with 2 Loading docks. Second level has more offices, employee locker room and additional warehouse space. Lower level is the manufacturing floor with drive out door to the fenced-in yard. The second parcel has over 24 parking spaces.
Easy Access to Rt.222, Rt.12, and Rt.61
Easy Access to Rt.222, Rt.12, and Rt.61
Location
State PA
County Berks
Area Laureldale Boro (10257)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 28.0
Water Access N
Roof Type Flat,Rubber
Accessibility None
Total Parking Spaces 28
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Muhlenberg
Others
Tax ID 57-5318-05-29-3057
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Richard L Henry Jr • RE/MAX Of Reading