3030 KUTZTOWN RD Active Save Request In-Person Tour Request Virtual Tour
Reading,PA 19605
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 105,000 sqft
Price per Sqft $65
MLS Listing ID PABK2052310
Originating Board BRIGHT
Year Built 1980
Annual Tax Amount $98,867
Tax Year 2024
Lot Size 8.330 Acres
Acres 8.33
Lot Dimensions 0.00 x 0.00
Property 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
Location
State PA
County Berks
Area Muhlenberg Twp (10266)
Zoning LI
Interior
Hot Water Electric
Cooling Central A/C
Flooring Concrete
Heat Source Natural Gas
Exterior
Garage Spaces 150.0
Utilities Available Sewer Available,Water Available,Electric Available,Natural Gas Available
Water Access N
Roof Type Metal,Rubber
Accessibility Level Entry - Main
Total Parking Spaces 150
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Muhlenberg
Others
Tax ID 66-5308-12-96-0894
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard