625-627 SPRING ST Active

Reading,PA 19610

$ 3990000

- Bed

- Bath

26860 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 26,860 sqft

Price per Sqft $148

MLS Listing ID PABK2049468

Originating Board BRIGHT

Year Built 1975

Annual Tax Amount $59,100

Tax Year 2024

Lot Size 3.150 Acres

Acres 3.15

Lot Dimensions 0.00 x 0.00

Property Description

Remax Commercial is pleased to present an investment property located at 625-627 Spring Street, Wyomissing, Pennsylvania. This property includes a 22,060 square foot office/medical space and an attached 4,800 SF warehouse on 3.14 acres of land in the Borough of Wyomissing. KPS and FMC have occupied their suites since August of 1996. Recently, both Tenants have extended their leases which shows a strong commitment to the building, and the area for the last 28 + years. The treatment that Fresenius Medical Care provides would be considered an essential need, and both Tenants have a recession-proof business. The current owner would like to sell the property as a leaseback sale.

Location

State PA

County Berks

Area Wyomissing Boro (10296)

Zoning C-2

Interior

Hot Water Electric

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 102.0

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

Waterfront N

Water Access N

Roof Type Built-Up,Rubber

Accessibility Level Entry - Main

Total Parking Spaces 102

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wilson

Others

Tax ID 96-4397-16-74-8175

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System

Special Listing Condition Standard

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