Professional Documents
Culture Documents
4th & Elm Street Complex - 225 - 243 N 4th Street, Reading, PA 19601
Property Type: Special Purpose Price: $1,130,000 http://listing.loopnet.com/15075742
Special Purpose (Other) Price/SF: $12.10/SF
Building Size: 93,400 SF LoopNet ID: 15075742
Year Built: 1930 Status: Active
Property Description:
Keystone Opportunity Zone at the 229 N 4th Street Address! see http://www.newpa.com/default.aspx?id=346 for more details. This offering consists
of four deeded properties, beginning at the corner of 4th & Elm Street and extending South on 4th Bldg #1 (243 N 4th St) is a former School house
with parking for 25+ cars. The building is stable, but will require extensive rehabilitation. There is great potential for redevelopment, just blocks from the
Goggle Works artist collony. Bldg #2 (229 N 4th St) is adjcent to the school building to the South. It was formerly used as the City Garage and consists of
a two story garage with indoor parking for over 30 cars on each floor. The lower level is being leased as an auto repair shop. On the same deed as the
garage, is a three unit apartment building, reciently updated from the ground up. New Electrical service, new plumbing, and fully occupied. Bldgs #3&4
(225 & 227 N 4th St) are two apartment buildinjgs with three units each. These two buildings were also reciently updated. New Electrical service, new
plumbing. Will be delivered with Occupancy permit.
E. Kuser Inc. Site - 150 Grings Hill Road, Sinking Spring, PA 19608
Property Type: Retail Price: $1,500,000 http://listing.loopnet.com/16053592
Service/Gas Station Price/SF: $300.00/SF
Building Size: 5,000 SF LoopNet ID: 16053592
Status: Active
Property Description:
- 3.75 acres, located at busy interchange of Route 222 - 2.32 acres, zoned Neighborhood Commercial - 1.43 acres, zoned Local Commercial - Lot served
with the following utilities: - Sanitary Sewer - 8" water main connection and fire hydrand - Electric - single phase or three phase available - Natural gas
available - Phone & Data
49% Interest In 960,000 SF Retail Portfolio - 3215 North 5th Street Highway, Reading, PA 19605
Property Type: Shopping Center Price: $5,000,000 http://listing.loopnet.com/16391241
Neighborhood Center Price/SF: $5.21/SF
GLA: 960,000 SF Cap Rate: 9.00%
Occupancy: 90%
LoopNet ID: 16391241
Status: Active
Property Description:
Seven well located retail centers and two freestanding Retail Stores, Tractor Supply and BJ'S Wholesale Club. Portfolio consists of approximately
960,000 square feet. Owner wishes to sell a 49% interest in same for Five Million Dollars. Return on investment will vary with additional lease up. All
excess cash flow to equity investor, 1st year 9%. Excellent for a 1031 exchange. Current Mortgage Balance $ 66,200,000 maturity 11/1/2015
The Saint Lawrence Hall - 3400 Saint Lawrence Rd., Reading, PA 19606
Property Type: Special Purpose Price: $145,000 http://listing.loopnet.com/16053339
Religious Facility Price/SF: $13.81/SF
Building Size: 10,500 SF LoopNet ID: 16053339
Status: Active
Property Description:
Large open spaces thorough out this property, first floor with open ceiling heights of over 20' with clear span. Great for meetings, possible loft apartment
conversion. Building consists of two parts. The first section is a former church built in the late 1800's and includes a large sanctuary on the first floor and
two large rooms below once used as the kitchen and most recently used as living space. The second building section, Three stories tall, was built in 1924
as an add on to the sanctuary and used as the Boro community Center for many years. Most recently, the lower level of this building housed a dinner
theater. There is also an old two lane bowling alley in the basement level.
Grings Hill Interchange - RT 222 & Grings Hill Interchange, Reading, PA 19607
Property Type: Retail Price: Not Disclosed http://listing.loopnet.com/16295369
Retail (Other) LoopNet ID: 16295369
Building Size: 300,000 SF Status: Active
Property Description:
This 70 +\- acres site at the southern gateway to Reading will be developed in two phases. The first phase, with a ground breaking in August 2009, will
consist of a 101 room hotel on 2.75 acres and a 21,000 sf medical office building with quick care, both have final approval. Phase 2 has preliminary
approval for 300,000 sf of retail with pads. This site has fantastic accessibility, visibility and traffic.
CVS Ground Lease - Route 422 & Route 419, Womelsdorf, PA 19567
Property Type: Retail Price: $2,225,000 http://listing.loopnet.com/16236652
Retail Pad Price/SF: $168.24/SF
Building Size: 13,225 SF Cap Rate: 6.75%
LoopNet ID: 16236652
Status: Active
Property Description:
Marcus & Millichap exclusively presents the opportunity to acquire a new 25 year NNN unsubordinated ground lease with the second largest drug
store operator, CVS/Caremark, at a purchase price of $2,225,000 or a 6.75 percent cap rate. An investors risk is drastically lowered given the price per
square foot is at $168, with the fact that your rent is more than 50 percent below market levels for drug stores at $11.34 per square foot. Also, given that
99 percent of drug store leases have flat rent in the base term and in the options, an investor will have the luxury of having two 10 percent increases
within the base term and every option period. At 13,225-square feet and sitting on close to 2.44-acres, CVS/pharmacy is at the dominant intersection
within Wolmesdorf, Berks County, Pennsylvania. The pad will be delivered to CVS/pharmacy for construction of their building on May 17 and rent will
commence approximately on September 1, 2009.
FORMER GODDARDS GIFT STORE - 4040 Penn Avenue, Sinking Spring, PA 19608
Property Type: Retail Price: $294,900 http://listing.loopnet.com/15868569
Free Standing Bldg Price/SF: $98.30/SF
Building Size: 3,000 SF LoopNet ID: 15868569
Year Built: 1840 Status: Active
Property Description:
3,000 S.F. +/-, 3-story brick w/2-car attached garage. High daily traffic count. Neighborhood Commercial District zoning allows for many uses including:
Retail, barber/beauty shops, restaurants/taverns, household service establishments, businsess, professional, rooming/boarding houses, banks, church,
apartment building, etc.
FORMER BUCKMAN'S SKI SHOP - 2307 Penn Avenue, West Lawn, PA 19609
Property Type: Retail Price: $595,000 http://listing.loopnet.com/16408940
Free Standing Bldg Price/SF: $81.57/SF
Building Size: 7,294 SF LoopNet ID: 16408940
Year Built: 1910 Status: Active
Property Description:
Former Buckman's Ski Shop on busy corner w/traffic light. Two buildings combined as one with 7,294 S.F. of Office/Retail space. First floor consists of
4,935 S.F. with multiple entrances and a half bath. Second floor consists of 2,359 S.F. with 2 full baths. Full basement and parking for 12+ cars in rear of
building.
Turn Key: Barto Hotel with bar & restaurant - 140 Barto Road, Barto, PA 19504
Property Type: Hotel & Motel Price: $489,000 http://listing.loopnet.com/16184028
Economy/Limited Service Price/SF: $76.86/SF
Building Size: 6,362 SF LoopNet ID: 16184028
Status: Active
Property Description:
Turn key operation! Bar/restaurant in growing area & incudes up to 17 rooms for rent on weekly basis. Sale includes all fixtures, equipment and R-liquor
license. Large bar area with 16 stools (16x36), main dining/gaming room (15x26) and front dining area (7x34). the rooms are "leased". Coin operated
machines generate nice extra income. Open mike night (Thur) and Karaoke Nite (Sat) are nice draws as well as clam night (Monday). If you're ready to
run your own business, this opportunity must be viewed. NO Monday Showings !!
West Reading Retail Sites - 426-428-430 Penn Ave, West Reading, PA 19611
Property Type: Retail Price: $799,000 http://listing.loopnet.com/16292050
Street Retail Price/SF: $159.80/SF
Building Size: 5,000 SF LoopNet ID: 16292050
Status: Active
Property Description:
Prime Retail location in the heart of Downtown West Reading. Part of the Penn Corridor project linking shopping, entertainment and cultural districts of
the City of Reading, West Reading and Wyomissing. See Brochure for property details.
Formerly "Lauries at Bowers Hotel & Restaurant" - 298 Bowers Road, Bowers, PA 19511
Property Type: Retail Price: $275,000 http://listing.loopnet.com/16335306
Restaurant Price/SF: $45.14/SF
Building Size: 6,092 SF LoopNet ID: 16335306
Year Built: 1820 Status: Active
Property Description:
The property is improved with a two and a half story federal-style restaurant and hotel. The original first floor is 2,544 SF, the kitchen area is 1,004
SF, and the second floor is 2,544 SF. The building has a stone basement foundation with timber frame. The first floor houses the primary entrance,
barroom/tavern room, dining areas, and food preparation and kitchen areas. The barroom features a sealed hardwood floor and fireplace. The dining
area is subdivided into three semi-independent rooms, and the kitchen is segmented with a storage room, dishwashing and cleaning area, rear storage
hallway with walk-in refrigerator, and a rear office. A private residence, office, and storage facility are all located on the second floor. The restaurant has a
capacity of 110 seats at tables in the dining area and 10 stools at the bar for a total of 120 seats. The second floor has 10 rooms.
Valley Forge Flag Facility - 1700 Conrad Weiser Parkway, Womelsdorf, PA 19567
Property Type: Industrial Price: $6,500,000 http://listing.loopnet.com/14781552
Flex Space Price/SF: $34.21/SF
Building Size: 190,000 SF LoopNet ID: 14781552
Year Built: 1968 Status: Active
Clear Height: 12 Ft.
Dock-High Doors: 8
Grade-Level Doors: 5
Property Description:
190,000 SF Mnfg/Warehouse/Flex space with Commercial/Retail pad site(s) on 18+/- acres. Demises easily from 18,000 to 180,000 SF plus 10,000
SF of office space. Built in 3 stages: 1968, 1978 and 1996. 8 dock doors plus 5 drive-in doors. Ceiling heights range from 14' to 20'. 100% wet
sprinklered including a 100-HP Detroit Diesel back-up pump and electric surge pumps. Col spacing is 24'6" x 47'5" and 25' x 55'. Building is constructed
of painted concrete block exterior walls and steel truss flat roof with composition and ballast roofing. Zoning is Light Industrial. Floors are 6" sealed
concrete. Parking for 250 cars plus truck area. 2/3 of building has zoned gas unit heaters with energy control systems; 1/3 has air rotation unit. 28,000
SF of warehouse is air conditioned. Lighting is continuous double-tube fluorescent lighting in production areas. High pressure sodium lighting in
warehouse/shipping area. 2' x 4' fluorescent lay-in type fixtures in the lunchroo/bathrooms. Gas service by UGI. Electric service: 2,500 Amp/480 Volt /
3-Phase. 225 KVA main transformer. Muni water & sewer
Main Street, West Reading - 713 Penn Avenue, West Reading, PA 19611
Property Type: Retail Price: $225,000 http://listing.loopnet.com/16123671
Street Retail Price/SF: $75.25/SF
Building Size: 2,990 SF LoopNet ID: 16123671
Status: Active
Property Description:
Great location, good retail exposure, many professional uses. 1st floor 1,000 sf and lower level 450 sf. 6 car parking in rear. Newer central Air, hardwood
floors, some trade fixtures. Move-in condition, nicely finished lower level. 3rd & 4th floor 2 BR apartment, hardwood flr, new carpet, fireplace, washer,
dryer, dishwasher. All units in excellent condition. Very desirable bldg with very high occupancy rate. Lower level finished and has private entrance. Buy
or Lease. Owner is PA Realtor.
Bellevue Ave Sales Lot - 200 East Bellevue Ave, Reading, PA 19605
Property Type: Industrial Price: $599,900 http://listing.loopnet.com/14926990
Office Showroom Price/SF: $113.19/SF
Building Size: 5,300 SF LoopNet ID: 14926990
Year Built: 1946 Status: Active
Clear Height: 20 Ft.
Dock-High Doors: 0
Grade-Level Doors: 1
Property Description:
Rt 61 & Bellevue Ave, access road to 5th Street and the FairGrounds Mall. Concrete and block structure with good frontage, on Bellevue Ave and
Route 61. Good location for sales and/or service business. 1744 sq ft front offices, 784 sq ft side offices, 1512 sq ft, 2 bedroom and 1.5 bath, updated
apartment, 1260 sq ft garage area with 16 x 12 garage door, 24 x 24 detached, insulated and wired, frame warehouse building, and upper lot provide six
possible rental opportunites. Newer wiring and plumbling, approx. 10yrs, throughout building with separate electric