625-627 Spring St, Reading, PA 19610

$3,750,000

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List Price
$3,750,000
Price Change
▼ $240,000 1788538756
Days on Market
705
Status
ACTIVE
MLS#
PABK2049468
Lot Size (Acres)
3.15
Year Built
1975
County
Berks
School District
Wilson

Property Description

We are 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.

Additional Information

Area
Wyomissing Boro (10296)
Taxes
$54785
School District
Wilson
Heating
90% Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Roof
Built-Up, Rubber
Utilities
Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Of Reading. Contact: (610) 670-2770