Multi-Space Auto Shop
1036 N 13th St, Reading, PA 19604
For Sale
New
Contact for pricing
Two repair businesses occupy distinct spaces, with a reception area serving the property.
Property Size5,208 SF
Price / SF$84.49
Days on Market4
Property Features for 1036 N 13th St
General Information
Standard status
Size
Property subtype
Tenancy & Operations
Tenant in Place
Real Estate Included
Additional Details
Automotive Uses
Amenities
reception area
Building Details
Tenancy
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 5:34PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,208-square-foot auto shop property is arranged as two separate business spaces, used for auto repair and motorcycle repair. A reception area is also part of the building. The sale includes the real estate only; the tenant-owned businesses are not included. Both spaces are currently occupied by tenants.
Key Highlights
- Approximately 5,208 square feet
- Two separate business spaces used for auto repair and motorcycle repair
- Reception area within the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,388
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,760
$607.8K
Cap Rate 7%
$434,114
$434.1K
Cap Rate 9%
$337,644
$337.6K
Market Conditions
NOI Build-Up for 5,208 SF
Gross rent
$46.0K $8.83/SF
− Vacancy
−$2.6K −$0.49/SF
EGI
$43.4K $8.34/SF
− OpEx
−$13.0K −$2.50/SF
NOI
$30.4K $5.83/SF
Area
Berks County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,760
Cap Rate 7%
$434,114
Cap Rate 9%
$337,644
Alternative Uses
Best Use
Retail
$754.4K
$660.1K – $880.1K
NOI $52,806 @ 7.0% cap · market cap 12.00%
Second Best
Mixed Use
$736.6K
$644.5K – $859.3K
NOI $51,559 @ 7.0% cap · market cap 11.72%
Theoretical Best
Office A
$854.9K
$748.1K – $997.4K
NOI $59,846 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
620
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Ponce's Garage — 346 Reed St, Reading, PA 19601
- House of Tires — 305 N 6th St, Reading, PA 19601
- Berks Auto Repair Service — 615 Elm St Unit 4, Reading, PA 19601
- Premium Tires Auto Service Center — 340 Reed St, Reading, PA 19601
- Senda Tire Center LLC — 413 N 6th St rear, Reading, PA 19601
Frequently Asked Questions
What type of property is this?
Auto shop - Two repair businesses occupy distinct spaces, with a reception area serving the property.
Where is this auto shop located?
The property is located at 1036 N 13th St Reading, PA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Approximately 5,208 square feet; Two separate business spaces used for auto repair and motorcycle repair; Reception area within the property
