1237 Muhlenberg Street, Reading, PA 19602

Building Details

Tenancy Multi More

Listing Agency: Bang Realty

Listed By: Brian Brockman · License PA BRK.200900214 Show Phone

Source: Crexi

Added: Nov 7 Changed: Nov 12 Last Checked: Nov 12 at 4:43AM

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Investment Insights

Based on property information with market context.

This industrial property has a multi-tenant configuration and is offered for sale. It is located at 1237 Muhlenberg Street in Reading, Pennsylvania. The reported cap rate is 10.55%.

Key Highlights

• 10.55% cap rate
• Multi‑tenant industrial property
• Located at 1237 Muhlenberg Street, Reading, PA 19602

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Industrial properties

Suggested Use

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

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

944

Businesses Nearby

Explore this area Business Placement

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

Market

Average Price Trend$/SF for Industrial properties in Reading, PA

$79.5 Jul

$76.71 Aug

$69.61 Sep

$70.26 Oct

Properties on Market for Industrial properties in Reading

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - The industrial property is configured for multiple tenants.

Where is this industrial property located?

The property is located at 1237 Muhlenberg Street Reading, PA.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: 10.55% cap rate; Multi‑tenant industrial property; Located at 1237 Muhlenberg Street, Reading, PA 19602