Auto Shop with Vehicle
1035 N 13th St, Reading, PA 19604
For Sale
New
Contact for pricing
Heated commercial space includes a vehicle lift and on-site parking.
Property Size850 SF
Price / SF$176.47
Days on Market4
Property Features for 1035 N 13th St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Real Estate Included
Parking Facility Type
Amenities
fully heated
car lift
Building Details
Buildings
Listing Agency:
Century 21 Gold
Listed By:
Anthony Borelli
(610) 507-3520
Source:
Crexi
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 4:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Gold
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Investment Insights
Based on property information with market context.
This auto shop offers approximately 850 square feet of fully heated garage space, a vehicle lift, and parking for 6 to 8 vehicles. The property is at 1035 N 13th St in Reading, Pennsylvania. Buyers should confirm allowable uses with the zoning authority.
Key Highlights
- Approximately 850 square feet of heated garage space
- Vehicle lift included
- Parking for 6 to 8 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,619
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,380
$172.4K
Cap Rate 7%
$123,129
$123.1K
Cap Rate 9%
$95,767
$95.8K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$12.9K $15.12/SF
− Vacancy
−$540 −$0.64/SF
EGI
$12.3K $14.48/SF
− OpEx
−$3.7K −$4.35/SF
NOI
$8.6K $10.14/SF
Area
Berks County, PA
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,380
Cap Rate 7%
$123,129
Cap Rate 9%
$95,767
Alternative Uses
Best Use
Retail
$123.1K
$107.7K – $143.7K
NOI $8,619 @ 7.0% cap · market cap 5.75%
Second Best
Industrial
$70.9K
$62.0K – $82.7K
NOI $4,960 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$139.5K
$122.1K – $162.8K
NOI $9,768 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19604, PA
29,347
Population
10,089
Households
2.9
Avg Household Size
29
Median Age
10%
College-Educated
70%
High-School Grad
2.5 sq mi
ZIP Area
11,739
Density / Sq Mi
$52,863
Median Household Income
$30,975
Median Earnings
$1,100
Median Rent
$110,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Reading's Finest Tire & Auto Repair — 340 Reed St, Reading, PA 19601
- Tommy's Auto Repair — 400 N 8th St, Reading, PA 19601
- Caba's towing LLC — 400 N 8th St, Reading, PA 19602
- new image auto repair — 407 Cedar St, Reading, PA 19601
- Eagle Auto Radiator Service LLC — 1108 Buttonwood St, Reading, PA 19604
Frequently Asked Questions
What type of property is this?
Auto shop - Heated commercial space includes a vehicle lift and on-site parking.
Where is this auto shop located?
The property is located at 1035 N 13th St Reading, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Approximately 850 square feet of heated garage space; Vehicle lift included; Parking for 6 to 8 vehicles
