$1,495,000
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641 Gregg Avenue Reading, PA 19611 Municipality: Reading City
Other
Residence
Beds
Baths
...
Bed/Bath
15,556
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
**For Sale: Versatile Commercial Building with Development Potential** Explore a prime opportunity with this solid commercial building, fully approved for use as a school, accommodating **80 students and 30 staff members**. This professionally renovated property features a generous **15,556 sq. ft....** spread across two stories. The **handicap-accessible first floor** covers **7,893 sq. ft.**, while the **second floor** spans **7,663 sq. ft.** Each level has its own designated entrance, allowing for separated use by different tenants, providing flexibility and convenience. Zoned **HM (Heavy Manufacturing)**, this building offers many potential uses. Most recently operated as a special needs school, it could easily be transformed into a charter school, technical or vocational school, special needs facility, or large adult/toddler daycare. The zoning also accommodates manufacturing or industrial processing, banking or financial institutions, colleges/universities, exercise clubs, self-storage facilities, and more. Strategically located just blocks off the exit ramp for **Lancaster Ave. on Route 422**, this property is in close proximity to **Alvernia University**, providing excellent access to regional destinations. It is approximately **2.5 hours from NYC**, **1.5 hours from Harrisburg**, **1.25 hours from Philadelphia**, **1 hour from Allentown and Hershey**, and **45 minutes from Lancaster**. The surrounding area has experienced significant development and growth in recent years, with favorable local government initiatives encouraging new businesses to set up shop. The local **Penn State Health/St. Josephâs Medical Center** is expanding, and the nearby **AW Golden lot** is being transformed into a strip mall with a grocery anchor, further enhancing the appeal of this location for future business opportunities. This property is ripe for your growing business! It is also listed as a commercial lease under **MLS# PABK2043300**. Donât miss out on this exceptional opportunityâcontact us today for more information or to schedule a viewing!
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MLS#
PABK2045640
Property Type
Other
Year Built
1940
Square Feet
15,556
sq. ft
Price per Sq. Ft.
$96.10
Sewer
Public Sewer
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