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19 N 6 Th St

$2,500,000

19 N 6 Th St, Reading, PA 19601

Active
Last Updated: 05/12/2025

5

Cap Rate

16,000

NOI

Details:
Cap Rate:    5%
NOI:    $16,000
Building Size:    66,000 sqft
Year Built:    1976
Price Per Sqft:    $37.88
Zoning:    KOZ
Highlights:
  • Days on Market: 373
  • Heating: Other
Description:

Right in the heart of Reading, this property is ready for a new owner. 19 North 6th Street is occupied by long-reliable tenants, it is positioned right by the Courthouse, a parking garage, and local government offices. The property is in an economic opportunity zone and with most of the tenants being non-profit or County Agencies; you can apply for potential tax relief. There is over 60k in leasable square feet and the courtyard provides an excellent outdoor space for employees to get some fresh air and enjoy their lunch break. The current owner would like to stay and occupy space which leaves just one vacancy on the 5th floor. The projected monthly cash flow is 16k. Perfect for an owner occupant or investor.

Map:
Location
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