Investments Sales Management

506 N 12TH STREET

READING , PA 19604

MLS#: PABK2049488

$695,000

Status: Active
Listing number: PABK2049488
Listing provided by: Destination Realty LLC
Listing agent phone: None
Last update: 3 months ago
On site: 10 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

N/A

Rare Investment Opportunity – 506 N 12th St, Reading, PA Discover a rare chance to own this impressive 35,000 square foot former factory building, now available for sale in the heart of Reading, Pennsylvania! This versatile, three-story commercial property, complete with possible basement parking, offers significant potential for redevelopment into multifamily housing or unique commercial spaces. Located at 506 N 12th St, this property combines historical charm with modern structural stability, making it a prime opportunity for investors or developers. Property Highlights: •

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    NO

  • Heating

    None

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Features

    Corner Lot, Sloped, Zero Lot Line

  • Lot Size(acres)

    0.24

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $695,000

  • Tax Amount

    7649.0

  • Zoning

    high density residential

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    NORTHEAST

  • High School

    N/A

Property Features

  • Stories

    4

  • Foundation Details

    Concrete Perimeter, Stone

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

BERKS

Elementary School

Middle School

NORTHEAST

High School

Listing Courtesy of Sean H Moretti , Destination Realty LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Rare Investment Opportunity – 506 N 12th St, Reading, PA Discover a rare chance to own this impressive 35,000 square foot former factory building, now available for sale in the heart of Reading, Pennsylvania! This versatile, three-story commercial property, complete with possible basement parking, offers significant potential for redevelopment into multifamily housing or unique commercial spaces. Located at 506 N 12th St, this property combines historical charm with modern structural stability, making it a prime opportunity for investors or developers. Property Highlights: •

506 N 12TH STREET

Message successfully sent.

What would you like to know?

Related Properties

Prime Office Space Available at Spring Ridge Corporate Campus! Looking for a prime office location to elevate your business? The Spring Ridge Corporate Campus in Berks County is the perfect place to consider. Offering Suite 201 (4,809 SF featuring 18 rooms, plus foyer and private bath), a spacious and modern office unit located on the 2nd level and elevator access of the 1350 Broadcasting Road building, this unit is available for sale and/or lease ($12/SF NNN). Ready for immediate occupancy! Conveniently located near major roadways (PA 222, 422, 724, 183, 61) and surrounded by shopping centers and residential areas, this location ensures easy access for clients, employees, and owners alike. Ideal set up for offices within the healthcare field with several rooms offering sinks/plumbing. Don't miss the opportunity to secure this prime office space. Request more information or schedule a tour today!
#PABK2051886

READING

1350 BROADCASTING ROAD D SUITE 201

None Beds

None Baths

31,751 Sq.Ft.

$586,700

MLS#: PABK2051886

Welcome to 851 Penn Street, a prime investment opportunity in the heart of Reading, PA! This highly profitable, mixed-use property features two units: one residential apartment and one successful commercial space, currently operating as a restaurant and bar. Located just one block from the Santander Arena, this building offers plentiful foot traffic, making it an attractive location for both residents and businesses. The residential unit is a three bedroom one bath, cozy apartment. The ground floor features an Italian restaurant. Included with this sale is the Italian Garden, Six Pack Outlet with Liquor License, DJ equipment and pool table. The building located at 853 Penn Street, for the Italian Garden Six Pack Outlet is not included in this sale. Lease amount for 853 Penn Street is $1,500 with all serious offers. Seller willing to lock in the lease amount at 5 years. This property is an excellent investment opportunity with multiple streams of income. Don’t miss out on this opportunity! Contact us today to schedule a private showing.
#PABK2051172

READING

851 PENN STREET

None Beds

None Baths

2,178 Sq.Ft.

$749,900

MLS#: PABK2051172

Welcome to 851 Penn Street, a prime investment opportunity in the heart of Reading, PA! This highly profitable, mixed-use property features two units: one residential apartment and one successful commercial space, currently operating as a restaurant and bar. Located just one block from the Santander Arena, this building offers plentiful foot traffic, making it an attractive location for both residents and businesses. The residential unit is a three bedroom one bath, cozy apartment. The ground floor features an Italian restaurant. Included with this sale is the Italian Garden, Six Pack Outlet with Liquor License, DJ equipment and pool table. The building located at 853 Penn Street, for the Italian Garden Six Pack Outlet is not included in this sale. Lease amount for 853 Penn Street is $1,500 with all serious offers. Seller willing to lock in the lease amount at 5 years. This property is an excellent investment opportunity with multiple streams of income. Don’t miss out on this opportunity! Contact us today to schedule a private showing.
#PABK2051000

READING

851 PENN STREET

None Beds

None Baths

2,178 Sq.Ft.

$749,900

MLS#: PABK2051000

Fully Occupied Multi Family - 6 residential units, outside of the city, in Mt. Penn Boro. Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Call today for additional details and to schedule your private showing. Current rental/lease income per unit/per month. Unit/Apartment 1: $895. Unit/Apartment 2: $1050. Unit/Apartment 3: $850. Unit/Apartment 4: $650. Unit/Apartment 5: $1150. Unit/Apartment 6: $1150. Bring an Offer!
#PABK2040224

READING

300 FRIEDENSBURG ROAD

None Beds

None Baths

5,768 Sq.Ft.

$819,900

MLS#: PABK2040224

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
#PABK2044618

READING

3146 MARION STREET

None Beds

None Baths

25,000 Sq.Ft.

$650,000

MLS#: PABK2044618

This multiunit is a cash cow and fully occupied.......please see documents for current income and expenses. Property consists 10 seperate units plus a very large garage accessed through the rear alley and has 4 floors of apartments. Step in Day 1 to begin collecting rent and own a solid income producing property.
#PABK2056866

READING

121 S 6TH STREET

None Beds

None Baths

N/A

$825,000

MLS#: PABK2056866

Prime Office Space Available at Spring Ridge Corporate Campus! Looking for a prime office location to elevate your business? The Spring Ridge Corporate Campus in Berks County is the perfect place to consider. Offering two spacious and modern office units located on the 2nd level and elevator access of the 1350 Broadcasting Road building, these units are available for sale and/or lease ($10/SF NNN). Conveniently located near major roadways (PA 222, 422, 724, 183, 61) and surrounded by shopping centers and residential areas, this location ensures easy access for clients, employees, and owners alike. Suite 201: 4,809 SF featuring 18 rooms, plus foyer and private bath—ready for immediate occupancy and easy to show. Suite 203: 2,250 SF with 7 rooms, foyer, and storage area—perfect for a variety of business needs. Ideal set up for offices within the healthcare field with several rooms offering sinks/plumbing. Don't miss the opportunity to secure this prime office space. Request more information or schedule a tour today!
#PABK2051570

READING

1350 BROADCASTING ROAD D SUITE 201 & 203

None Beds

None Baths

31,751 Sq.Ft.

$795,000

MLS#: PABK2051570

Prime value-add opportunity at 1128 Pike Street, Reading, PA. This property includes 34 self-storage units plus an income-producing commercial space, supported by electric, water, and sewer utilities. The layout is highly functional and maintains high occupancy with long-term tenants, ensuring stability and consistent performance. Current income is $63,791 with a net operating income (NOI) of $52,343.89, yielding a strong 9.3% CAP rate. Pro forma projections show the potential to increase income to $71,520 and NOI to $60,712, boosting the CAP rate to 10.1% through improved lease rates and operational optimization. This asset is part of a larger portfolio of over 500 storage units currently available in Reading, offering flexibility and scalability for investors focused on storage performance and market consolidation. Additional properties in the portfolio include: 826 Hampden – 17 units 824 Ritter – 13 units 511 Birch – 10 units 340 Locust – 18 units 333 Lombard – 34 units 1536 Haak – 36 units 625 N. 13th – 22 units 1128 Pike – 34 units 1200 N 9th Street – 66 units 306 N 13th Street – 1 unit 1541 Fairview – 8 units 635-R Weiser – 1 unit 521 S 16th Street – 10 units 328 Chestnut – 8 units 1214 Weimer – 10 units 741 Church – 12 units 330 Robeson - 1015 Rose – 96 units 364 Blair – 86 units
#PABK2060542

READING

1128 PIKE STREET

None Beds

None Baths

8,000 Sq.Ft.

$560,000

MLS#: PABK2060542

Ideally positioned in the active & growing business district of Sinking Spring, 60 Shillington Road is a two-story 11,540 SF commercial building on ½ acre. Located in the C2 Zoning District, this property is ideal for municipal By-Right uses such as office, retail, and medical, distribution, and wholesale sales. The interior layout presents many work-flow options. The 1st floor includes two separate entrances, three large work / retail / production areas, multiple private offices and two bathrooms. The 2nd level is served by two stairwells & elevator and includes three large work-rooms, three bathrooms, a break-room / kitchenette and 11 private offices. A significant number of the interior rooms & office walls are not structural so the building lends itself to new layout options. Key structural & property details include: •
#PABK2058292

READING

60 SHILLINGTON

None Beds

None Baths

11,540 Sq.Ft.

$597,000

MLS#: PABK2058292

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here