Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1065 Woodland Rd Reading, PA 19610

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $6,426,000

    Retail property featuring a long-term lease with rental increases.

    Property size:
    22,940 SF
    Lot size:
    0.56 Acres

    Property Features for 1065 Woodland Rd

    General Information

    Size
    22,940 SF
    Lot size
    0.56 Acres

    Source: Forged Real Estate Agent Marc Mandel

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

    Overview

    Retail Property with Long-Term Lease

    The retail property is strategically located within the Woodmill Commons shopping center, providing excellent visibility and accessibility via a signalized entrance on Woodland Road and from Berkshire Boulevard. The property is subject to a long-term lease with over thirteen (13+) years remaining, featuring ten percent (10%) rental increases every five (5) years. In October 2022, a new roof was installed, complete with a 20-year transferable warranty. The property contains 22940 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ALDI Supermarket

    Suggested Use

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

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

    Similar Places Nearby

    Russo Gourmet Foods And Market

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.971399
    Latitude
    40.345408

    Nearby Similar for Sale

    • New
      $2,500,000
      0.28 Acres

      Downtown Reading Professional Office Building

      68,000+/- SF multi-tenant office building in downtown Reading.
      19 N 6Th St, Reading, PA 19601
      View Details
    • $674,900
      2,783 SF

      Restaurant, Tavern, and Residential Property

      Established restaurant, tavern, residential home, and workshop with revenue potential.
      2201 Perkiomen Ave, Reading, PA 19606
      View Details
    • $395,000
      4,210 SF

      Historic Victorian Multifamily Residence

      Grand historic residence in Reading's Callowhill Historic District.
      226 S 5Th St, Reading, PA 19602
      View Details
    • $264,900
      1,733 SF

      Two-Unit Corner Property in Reading

      Well-maintained two-unit property with income potential in northeast Reading.
      926 Greenwich St, Reading, PA 19604
      View Details
    • $285,000
      1,359 SF

      Charming Turnkey Income-Ready Multi-Family

      Well-maintained 2-unit property, ideal for investors or owner-occupants.
      645 N 10Th St, Reading, PA 19604
      View Details
    • $275,000
      2,670 SF

      Mixed-Use Commercial Property with Apartment

      Three-story commercial property with apartment and endless potential.
      1262 Church St, Reading, PA 19601
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property featuring a long-term lease with rental increases.
    Where is this grocery and convenience store located?
    The property is located at 1065 Woodland Rd Reading, PA.
    What is the asking price?
    The asking price for this property is $6,426,000.
    What are key features of this property?
    This property features: - Long-term lease with over 13 years remaining.; - Rental increases of 10% every 5 years.; - Prime location within Woodmill Commons shopping center.
    (610) 608-2621
    Request Owner's contact information
    1065 Woodland Rd Reading, PA 19610
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1065 Woodland Rd
    Reading, PA 19610
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1065 Woodland Rd Reading, PA 19610
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.