3030 Kutztown Rd,READING, PA 19605
READING, PA 19605
Description
Situated on 8.33 acres in Muhlenberg Township, 3030 Kutztown Road is an industrial facility with 105,000 square feet. The facility, which has 140 parking spaces, seven docks, 80,000 square feet of warehouse space, and 25,000 square feet of office space, is located in the LI zoning area. A tenant named Gai-Tronics resides in this investment property. The original lease was for 7 years which ends April 30, 2025. An addendum has been executed for the Tenant to extend their lease by 5 years, their first of 2 five-year extensions. Over the past two years, Gai-Tronics has expanded their footprint by 10,000 square feet and made significant upgrades to their 85,000 square foot suite. The 20,000 square feet of vacant space includes offices, restrooms, a break room, a dock, and ceilings that are 24 feet high. The rental revenue from this investment property exceeds $520,000.00 when both suites are leased
Details
| MLS # | PABK2052310 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1980 |
| Days On Site | 160 |
| Listing Provided By | RE/MAX Of Reading | Kent E Wrobel |
Features
| Zoning | LI |
|---|---|
| Acreage | 8.33 |
| Water Front | Yes |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
Exterior
| Roof | Metal, Rubber |
|---|---|
| Construction Materials | Steel Siding |
| Foundation Details | Slab |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Lighted Parking, Paved Parking, Private, Handicap Parking |
Utilities
| Utilities | Sewer Available, Water Available, Electric Available, Natural Gas Available |
|---|
Market Activity 19605
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Learn More About This Property
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19605 |
| Area | Muhlenberg Twp (10266) |
| School District | MUHLENBERG |
| Listing VS Median (in 19605) | |
Price: $6,900,000 low | high Med: $355,000 On site: 160 low | high Med: 48.000000 | |
