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Operating Convenience Store
New
For Sale
$49,900

1101 SPRUCE STREET, Reading, PA 19602

The business sale includes inventory, equipment, and contracts that may be assigned.

Property Size1,742 SF
Price / SF$28.65
Days on Market5

Property Features for 1101 SPRUCE STREET

General Information

Standard status Active
Size 1,742 SF
Property subtype Business

Additional Details

Business Included Yes

Building Details

Year Built 1930
Listing Agency: BHHS Homesale Realty- Reading Berks
Listed By: Juan Cortes-Carreno · License #RS335816
Source: Cummingsrealtors
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 15 at 2:08AM

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 BHHS Homesale Realty- Reading Berks

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Investment Insights

Based on property information with market context.

An established corner-store business is currently operating in Reading, Pennsylvania. The sale covers the business rather than the real estate and includes existing inventory, equipment, and assignable contracts. The seller is willing to assist with the transition to a new owner.

Key Highlights

  • Business‑only sale of an established, operating corner store
  • Existing inventory and equipment included
  • Assignable contracts included

Property Analytics

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Current Use

Sabor Dominicano Deli ... Grocery & Convenience Store Rodriguez Deli Food Market Anthony Deli Grocery (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Acupuncture Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,114
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19602, PA

19,782
Population
7,907
Households
2.5
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
2.0 sq mi
ZIP Area
9,891
Density / Sq Mi
$38,179
Median Household Income
$30,848
Median Earnings
$978
Median Rent
$73,000
Median Home Value
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Santa Rita Grocery — 1053 Cotton St, Reading, PA 19602
  • Santa Barbara Supermarket — 100 S 9th St, Reading, PA 19602
  • L&J Super Market — Reading, PA 19601
  • Fernandez Supermarket — 859 Penn St, Reading, PA 19601
  • Karen Super Market — 200 N 10th St, Reading, PA 19601

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The business sale includes inventory, equipment, and contracts that may be assigned.
Where is this grocery and convenience store located?
The property is located at 1101 SPRUCE STREET Reading, PA.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Business‑only sale of an established, operating corner store; Existing inventory and equipment included; Assignable contracts included
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