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$420,000
New Listing
417 WALNUT STREETREADING, PA 19601
For Sale|Commercial Sale|Active
0
Beds
13
Total Baths
12,151
SqFt
$35
/SqFt
1920
Built
County:
BERKS
Listing courtesy of Light House Realtors, LLC
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Monthly Payment (Est.)
$1,916Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Positioned in the heart of Downtown Reading, this rare multi-building opportunity offers investors the potential to develop 12–14 apartment units in a rapidly evolving corridor. Previously utilized as a Drug Addiction Parole & Probation Treatment facility, the property features substantial square footage and a layout conducive to multifamily conversion. Ideal for developers seeking a high-upside repositioning project in a growing rental market. With strong rental demand in the area and continued downtown revitalization, this asset presents a strategic opportunity for long-term cash flow and appreciation. Bring your vision and unlock the full potential of this prime investment.
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Listing Snapshot
Price
$420,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
12,151 sqft
Total Baths
13
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.12 Acres
Year Built
1920
MLS® Number
PABK2068316
Status
Active
Property Tax
$8,712
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
Recent Activity
| 4 hours ago | Listing first seen on site | |
| 4 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.12
Cross Street
5th street
Parking
None
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
12151
Water Source
Public
Zoning
R3
Interior Features
Appliances
Electric Water Heater
Heating
Natural GasSteam
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Exterior Features
Construction Details
Brick Veneer
Community Features
MLS Area
Reading City (10201)
School District
READING
Schools
School District
READING
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Light House Realtors, LLC
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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