Mixed-Use Live-Work
2212 PERKIOMEN Avenue Reading, PA 19606
2212 PERKIOMEN Avenue, Reading, PA, 19606
$259,900
For Sale
$259,900
MULTI_FAMILY - Colonial - READING, PA
Property Size1,800 SF
Lot Size0.06 Acres
Price / SF$144.39
Days on Market47
Property Features for 2212 PERKIOMEN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Bathroom - Tub Shower, Cedar Closet(s), Kitchen - Eat-In, Store/Office
- Appliances
- Dishwasher, Oven/Range - Electric, Refrigerator, WaterHeater
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4299
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Vinyl Siding
- Architectural style
- Colonial
Listing Agency
Godfrey Properties
(484) 326-5000
228 Neiffer Road, Schwenksville, PA
Listed by
Donna M Godfrey · License #RM422969
(267) 688-0536
Added: Jun 2 Checked: Jul 18 at 3:06 am
MLS# PABK2072992
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use live-work building features finished commercial space on the lower level and a spacious two-bedroom apartment above. The property is a solid brick twin and includes a private, secluded “Zen” garden retreat in the rear, along with an emergency exit serving the residential unit. The apartment offers a full kitchen with electric cooking, a full bathroom with a tub/shower combination, and bedrooms on the second and third floors. Cooling is provided by window air-conditioning units. Heating is served by an upgraded natural gas system, and there is electric hot water, along with ample electrical service.
The property is located at 2212 Perkiomen Avenue in Reading, Pennsylvania, along a highly traveled stretch of Route 422, providing visibility and traffic exposure while maintaining a neighborhood feel.
Showings can be scheduled, with existing business/classes continuing during the following times: Sunday 3:30–5:30 p.m., Tuesday 6:00–8:00 p.m., and Thursday 6:00–8:00 p.m.
The property is located at 2212 Perkiomen Avenue in Reading, Pennsylvania, along a highly traveled stretch of Route 422, providing visibility and traffic exposure while maintaining a neighborhood feel.
Showings can be scheduled, with existing business/classes continuing during the following times: Sunday 3:30–5:30 p.m., Tuesday 6:00–8:00 p.m., and Thursday 6:00–8:00 p.m.
Key Highlights
- Affordable mixed‑use brick twin with finished commercial space on the first level and a two‑bedroom apartment above
- Colonial‑style home built in 1920 with basement and rear “Zen” garden retreat
- Two‑bedroom apartment includes eat‑in kitchen with electric cooking and full bath with tub/shower combination
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.2k | $15.12 |
| − Vacancy | −$1.1k | −$0.64 |
| EGI | $26.1k | $14.48 |
| − OpEx | −$7.8k | −$4.35 |
| NOI | $18.3k | $10.14 |
1,800 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$260.7K
$228.1K – $304.2K
NOI $18,251 @ 7.0% cap · market cap 7.02%
Second Best
Mixed Use
$254.6K
$222.8K – $297.0K
NOI $17,820 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$295.5K
$258.6K – $344.7K
NOI $20,684 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mt. Penn Kung ...
Gym & Fitness Center
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Finished commercial space with a spacious two-bedroom apartment above inside a solid brick twin.
Where is this live-work space located?
The property is located at 2212 PERKIOMEN Avenue Reading, PA.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Affordable mixed‑use brick twin with finished commercial space on the first level and a two‑bedroom apartment above; Colonial‑style home built in 1920 with basement and rear “Zen” garden retreat; Two‑bedroom apartment includes eat‑in kitchen with electric cooking and full bath with tub/shower combination
