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    904 Mulberry St Reading, PA 19604

    For Sale
    $199,900

    12,000 sq ft, 0.15 acre lot, high potential

    Property size:
    12,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 12,000 square foot industrial property, situated on a 0.15-acre lot at 904 Mulberry Street in Reading, PA, presents a remarkable development opportunity. The building boasts two levels, each approximately 6,000 square feet, offering significant versatility. A key feature is an integrated indoor parking garage capable of accommodating up to eight vehicles. The property's current state allows for extensive renovation and repurposing, making it ideal for a variety of uses. Imagine transforming this space into a lucrative multi-unit residential building, a thriving commercial center, or a highly functional warehouse. The possibilities are vast, allowing for creative design and development to suit specific needs. A newly installed rubber roof ensures long-term durability and reduced maintenance costs. Conceptual designs are available for review, but all proposed modifications are contingent upon obtaining necessary zoning approvals. The asking price is $199,900, and seller financing is available, making this an attractive investment opportunity. This property's prime location in Reading, PA, offers excellent access to local amenities and transportation networks. Don't miss this chance to acquire a property with immense potential for significant return on investment.

    Property Features for 904 Mulberry St

    General Information

    Property type
    Industrial properties
    Square Feet
    12,000 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1915
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.91703
    Latitude
    40.34925

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    FAQs

    What type of property is this?
    Industrial property - 12,000 sq ft, 0.15 acre lot, high potential
    Where is this industrial property located?
    The property is located at 904 Mulberry St Reading, PA.
    What is the asking price?
    The asking price for this property is $199,900.
    (610) 985-7700
    Request Owner's contact information
    904 Mulberry St Reading, PA 19604
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    Reading, PA 19604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    904 Mulberry St Reading, PA 19604
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