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    1 Parkside Ave Reading, PA 19607

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    For Sale
    Contact for pricing

    Retail space available in a redeveloped, anchored shopping center.

    Property size:
    32,965 SF

    Property Features for 1 Parkside Ave

    General Information

    Size
    32,965 SF

    Source: Brendan Mulligan Agent Brendan Mulligan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redeveloped Retail Center Space Available

    Available for sale is a retail property featuring a total space of 32,965 square feet within a redeveloped shopping center. The gross leasable area of the center is 145,601 square feet. Divisible spaces start at a minimum of 1,200 square feet, with a maximum contiguous space of 29,231 square feet available. The property is located in the heart of Southwest Reading's major growth pocket, situated in a dense, middle-income market on the outskirts of the city. Access to the shopping center is available from both Route-724 and Lancaster Pike. The tenant mix includes Ocean State Job Lot, Grocery Outlet, and Dollar Tree.
    Location Intelligence

    Current Use by Public Records

    Sears Heating and Air ... Air Conditioning Contractor Sears Appliance Repair Appliance Repair Service Duong Nguyen Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Benchmark Shoppes, Shillington Plaza Shopping Centre, Pennypack Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.983335
    Latitude
    40.307268

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in a redeveloped, anchored shopping center.
    Where is this shopping center located?
    The property is located at 1 Parkside Ave Reading, PA.
    What are key features of this property?
    This property features: - ±29,231 SF available at redeveloped Ocean State Job Lot anchored Center; - Located in the heart of Southwest Reading’s major growth pocket; - Access into the shopping center from both Route-724 and Lancaster Pike
    (267) 519-7582
    Request Owner's contact information
    1 Parkside Ave Reading, PA 19607
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    Reading, PA 19607
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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
    1 Parkside Ave Reading, PA 19607
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