332 Penn Street is currently listed for sale at $950,000 for a price per square foot of $95.

332 Penn Street totals 10,000 square feet of Retail space on a lot spanning 0.71 acres. The property was initially built in 1935, being last renovated in 2000. There are a total of 62 parking spaces available onsite.

In terms of ease of commuting, the area has a walk score of 92, indicating that it is perfect for walking.

The Peanut Bar Restaurant

For Sale

332 Penn Street, Reading, PA 19602

Center City District of Reading PA Visit naikeystone.com for accurate listing info.The Peanut Bar Restaurant has operated at its current location of 332 Penn Street since 1935, under the same family ownership. Original owner Jimmy Kramer passed the operation to his son-in-law Harold Leifer who helped lead the business from the 1950s and renamed it Jimmie Kramer’s The Peanut Bar in 1958. The restaurant later passed to the next generation, with grandson Michael Leifer managing it. Today, it remains at 332 Penn Street, known for its long family history, classic bar atmosphere, and peanut-shell-covered floor. In addition to the main building with the approx. 6,500 SF restaurant, there are three upstairs rental units, two occupied by residential users and one serving as a business office. 39 On-site Surface Spaces, with direct access to Reading Parking Authority lot with approx. 50 space that are currently unmetered after 5pm. Additional 23 parking spaces in lot at 25a Third St. Visit naikeystone.com for accurate listing info.

Key features

Adaptable to various retail concepts
Commercial frontage at 332 Penn Street
Efficient customer access
Flexible layout for multiple uses
Income-producing asset potential
Prime retail / restaurant facility
Street-facing commercial presence
Strong merchandising potential
Suitable for owner-user or investor
Well-suited for long-term ownership

Building Details

For Sale $950,000
Property Type Retail - Restaurant
Property Size 10,000 SF
Units 4
Lot Size 0.71 Acre
Additional Rent Price on request
Parking Spaces Avail. 62
Year Built 1935
Year Renovated 2000
Date Updated Oct 30, 2026

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Contacts

John Buccinno

NAI Keystone

Location

City Reading, PA
Zip Code 19602
Market Philadelphia

Map
Street

Walk score 92/100 Walker's Paradise

Points of Interest

Lukoil

0.76 miles

SSC Gasoline

0.86 miles

Speedway

0.91 miles

Sunoco

0.91 miles

Wawa

1.05 miles

Turkey Hill Minuit Market

1.11 miles

Gulf

1.17 miles

ChargePoint

1.57 miles

Volta

2.29 miles

Tesla Supercharger

4.67 miles

Peanut Bar Parking Lot

0.02 miles

Judy's On Cherry Parking Lot

0.03 miles

300 Cherry Street Lot

0.07 miles

4th and Cherry Garage

0.11 miles

Chiarelli Garage

0.11 miles

Albert Boscov Plaza Garage

0.17 miles

6th & Cherry Parking Lot

0.21 miles

GoggleWorks Parking Lot

0.23 miles

South Penn Garage

0.33 miles

State Lot

0.34 miles

Farmers Market of Wyomissing

2.06 miles

The Shoppes at Wyomissing

2.09 miles

Sears

2.11 miles

Boscov's

2.12 miles

Berkshire Mall

2.14 miles

Shillington Farmers Market

2.22 miles

Aldi

2.25 miles

Giant

2.29 miles

TJ Maxx

2.29 miles

Walmart

2.56 miles

Listing Summary

Property Financials

332 Penn Street is currently listed for sale at $950,000 for a price per square foot of $95.
Property Details

332 Penn Street totals 10,000 square feet of Retail space on a lot spanning 0.71 acres. The property was initially built in 1935, being last renovated in 2000.

There are a total of 62 parking spaces available onsite.
Area Characteristics

In terms of ease of commuting, the area has a walk score of 92, indicating that it is perfect for walking.