John S. Duffy
REALTOR®, Associate Broker
(610) 667-6655 ext. 33
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417 Walnut Street , Reading, PA 19601

$420,000
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  • 417 Walnut Street , Reading, PA 19601 Main Photo

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ACTIVE
MLS#PABK2068316
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLREADING
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Property Description

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.

417 Walnut Street | MLS# PABK2068316

This commercial property located at 417 Walnut Street , Reading, PA 19601 is currently listed for sale with an asking price of $420,000. Walnut Street is located within the READING school district. Search Reading real estate on jduffy.duffyrealestate.com today.

Property Features

Property Type: Commercial -
Cooling: None
Fuel Type: Natural Gas
Heating: Steam
Lot Size: 0.12 Acres
Taxes: $8,712
Year Built: 1920

Feature Descriptions

Accessibility: 2+ Access Exits
Days on Site: 14
Exterior: Brick Front
Lot Dimensions: 0.12 Acre(S)
Municipality: READING CITY
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 15
Water: Public

Local Schools

School District: READING

Listed By / Shown By

Listed By

Agency Name: Light House Realtors, LLC
Agency Phone: 4842730056

Shown By

Agent Name: John S. Duffy
Agent Phone: (610) 667-6655 ext. 33
Agency Title: Duffy Real Estate, Inc.

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John S. Duffy
John S. Duffy Office: (610) 667-6655 Direct Cell & Text: (610) 212-1239 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 12:00:33 AM EST) or Bright MLS (last updated Tue 03/03/2026 11:50:12 PM EST). Real estate listings held by brokerage firms other than Duffy Real Estate, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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