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    126 N 5TH Street

    READING, PA 19601
    • $425,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: PABK378844
    UPDATED: 15 min ago
    $425,000
    • 6
      BEDS
    • 0.21
      ACRES
    • 6
      BATHS
    • 10
      1/2 BATHS
    • 29,200
      SQFT
    • $15
      $/SQFT
    Neighborhood:
    Type:
    Villa/Townhouse
    Built:
    1890
    County:

    School Information

    High School:
    School District:

    Description

    What a property! This mixed-use property features two 3 story buildings, the front building faces N 5th St and the rear building faces Madison Ave and they are attached along the first floor of each building by a connecting structure that provides parking on the ground level with offices above in a loft / mezzanine level. Awesome housing, city penthouse living! The 5th St building measures 40' x 60' and on the 2nd and 3rd floor it includes a finished 4800 sf, two story living space with 6 bedrooms, and 6 bathrooms! It is currently set up as 3 apartments, but could easily be combined into one great loft! The first floor of this building also includes street side retail space with a 60-seat theater, multiple public restrooms, a finished basement with 4 more bathrooms! The Madison Ave building used to house an auto dealership and was converted to hair color manufacturing in the 80's... it+GGs 40' x 90' (3600 sf per floor) with 3 stories a full basement and is serviced by a large freight elevator, (used to be a car dealership, so the elevator is large enough for a full-sized car+G- but would need to be refurbished to modern standards to carry cars). There is an existing tenant on the second floor operating a distillery (Reading Distilling Guild), the 3rd floor and basement are vacant. What are the possibilities? This mansion sized housing opportunity includes the best in-home theater you can imagine, and indoor parking for at least 10 cars... with an updated elevator, there could be parking for 30 more vehicles in the steel and concrete Madison Ave building! Keep your private car collection here, bring your extended family and let Reading PA be your new home! We have great quality of life here in Berks County PA+G- come and be a part of it!

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty - Matt Fetick Team. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-23T19:54:11.47.
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    126 N 5TH Street READING, PA 19601

    • Price: $425,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: PABK378844
    6
    Beds
    6
    Baths
    10
    ½ Baths
    0.21
    Acres
    29,200
    SQFT
    $15
    $/SQFT
    1890
    Built
    Neighborhood:
    None Available
    County:
    Berks
    Area:
    Reading City (10201)
    High School:
    Reading Senior
    School District:
    Reading
    Property Description
    What a property! This mixed-use property features two 3 story buildings, the front building faces N 5th St and the rear building faces Madison Ave and they are attached along the first floor of each building by a connecting structure that provides parking on the ground level with offices above in a loft / mezzanine level. Awesome housing, city penthouse living! The 5th St building measures 40' x 60' and on the 2nd and 3rd floor it includes a finished 4800 sf, two story living space with 6 bedrooms, and 6 bathrooms! It is currently set up as 3 apartments, but could easily be combined into one great loft! The first floor of this building also includes street side retail space with a 60-seat theater, multiple public restrooms, a finished basement with 4 more bathrooms! The Madison Ave building used to house an auto dealership and was converted to hair color manufacturing in the 80's... it+GGs 40' x 90' (3600 sf per floor) with 3 stories a full basement and is serviced by a large freight elevator, (used to be a car dealership, so the elevator is large enough for a full-sized car+G- but would need to be refurbished to modern standards to carry cars). There is an existing tenant on the second floor operating a distillery (Reading Distilling Guild), the 3rd floor and basement are vacant. What are the possibilities? This mansion sized housing opportunity includes the best in-home theater you can imagine, and indoor parking for at least 10 cars... with an updated elevator, there could be parking for 30 more vehicles in the steel and concrete Madison Ave building! Keep your private car collection here, bring your extended family and let Reading PA be your new home! We have great quality of life here in Berks County PA+G- come and be a part of it!
    Exterior Features

    Architectural Style Victorian Construction Materials BlockCombinationConcreteMasonryMixed PlumbingRockOther Direction Faces East Garage Spaces 8.00 Garage Type Additional Storage AreaBuilt InCovered ParkingGarage - Rear EntryGarage Door OpenerInside AccessOversizedOther Garage YN Yes Location Type Downtown Lot Features LevelRoad FrontageZero Lot LineOther Other Structures Above GradeBelow Grade Parking Features PrivateSecure Parking Parking Types Attached Garage Pool No Pool Property Condition Good Riparian Rights YN No Road Responsibility City/County Road Surface Type PavedBlack Top Roof RubberOther View CourtyardCityStreetOther Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 24000 Basement CombinationOutside EntrancePartially FinishedPoured ConcreteRear EntranceUnfinishedOther Basement YN Yes Below Grade Finished Area 5200 Below Grade Unfinished Area 0 Cooling Central A/CWindow Unit(S)Ductless/Mini-Split Fireplace YN No Fireplaces Total 0 Flooring TerrazzoWoodPartially CarpetedCeramic TileOther Heating Baseboard - ElectricSteam Heating YN Yes Laundry Type HookupDryer In UnitWasher In Unit Levels 3 Main Level Bedrooms 0 Room List Bedroom 2Bedroom 3Bedroom 4Bedroom 5BasementBedroom 1Commercial/Retail SpaceBedroom 6 Spa YN No Unit Floors 2 Upper Level1 Bedrooms 3 Walls Ceilings 2 Story Ceilings9'+ Ceilings

    Property Features

    Acceptable Financing ConventionalCashNegotiable Accessibility Features None Assessment Year 2021 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street Washington St Electric 3 Phases100 Amp Service200+ Amp Service Elevators 1 Entry Level 1 Federal Flood Zone YN No Foundation Details Concrete PerimeterOther Heating Fuel Natural GasElectric Historic YN Yes Horse YN No Hot Water Electric Internet Services BroadbandCableDslFiber OpticLteSatelliteOther Lease Considered YN No Municipality Reading City Navigable Water YN N New Construction YN No Original MLSNumber 304643938478 Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days Cd61-90 Days Cd90-120 Days CdImmediateNegotiable Sale Type StandardThird Party Approval Senior Community YN No Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 12009.00 Tax Assessment Amount 274700.00 Tax Lot 6095 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 Mile Utilities Cable Tv AvailableElectric AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater AvailableOther Vacation Rental YN No Water Source Public Year Built Effective 1980 Zoning CcCommercial Core Zoning Description Commercial CoreCc: Allows For Many Permited Uses including RetailProfessionalEntertainmentAnd Residential Uses.

    Listing courtesy of Destination Realty Llc.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty - Matt Fetick Team. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-23T19:54:11.47.
     
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