Water-Served Storefront
For Sale
Contact for pricing
301 W DOUGLASS STREET, Reading, PA 19601
Compact commercial space with running water and a layout suited to professional or personal-service uses.
Property Size421 SF
Price / SF$1.90
Days on Market94
Property Features for 301 W DOUGLASS STREET
General Information
Standard status
Active
Size
421 SF
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Coldwell Banker Realty
(610) 373-9900
Listed By:
Pabel Alexis Reyes Polanco · License #RS361266
(610) 781-4221
Source:
Cummingsrealtors
Added: Jul 15
Changed: Oct 15
Last Checked: Oct 15 at 1:15AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This storefront commercial space contains approximately 421 square feet and includes running water, an important feature for businesses requiring on-site water access. The compact footprint can accommodate a range of smaller commercial operations, subject to suitability for the space.
The property is located at 301 W Douglass Street in Reading, Pennsylvania, within ZIP code 19601. It was previously occupied by a tax and insurance office and may also support similar professional office use, including accounting. Salon and barbershop applications are identified as additional possibilities. The building dates to 1900.
The property is located at 301 W Douglass Street in Reading, Pennsylvania, within ZIP code 19601. It was previously occupied by a tax and insurance office and may also support similar professional office use, including accounting. Salon and barbershop applications are identified as additional possibilities. The building dates to 1900.
Key Highlights
- Approximately 421 square feet of commercial space
- Running water supports salon, barbershop, and other water‑dependent uses
- Previously used as a tax and insurance office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,527
Suggested Prices Based on Cap Rates
Cap Rate 5%
$70,540
$70.5K
Cap Rate 7%
$50,386
$50.4K
Cap Rate 9%
$39,189
$39.2K
Market Conditions
NOI Build-Up for 421 SF
Gross rent
$5.5K $12.96/SF
− Vacancy
−$753 −$1.79/SF
EGI
$4.7K $11.17/SF
− OpEx
−$1.2K −$2.79/SF
NOI
$3.5K $8.38/SF
Area
Berks County, PA
Vacancy
13.80%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$70,540
Cap Rate 7%
$50,386
Cap Rate 9%
$39,189
Alternative Uses
Best Use
Retail
$61.0K
$53.4K – $71.2K
NOI $4,269 @ 7.0% cap · market cap 533.63%
Second Best
Office B
$50.4K
$44.1K – $58.8K
NOI $3,527 @ 7.0% cap · market cap 440.88%
Theoretical Best
Office A
$69.1K
$60.5K – $80.6K
NOI $4,838 @ 7.0% cap · market cap 604.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19601, PA
35,477
Population
14,024
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
73%
High-School Grad
3.8 sq mi
ZIP Area
9,336
Density / Sq Mi
$41,133
Median Household Income
$30,433
Median Earnings
$986
Median Rent
$110,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Florist — 150 N 9th St, Reading, PA 19601
- Stephenson's flowers and gifts — 640 N 5th St, Reading, PA 19601
- Fruit Gold Crown Flowers — Reading, PA 19601
- LUXURY GARDEN STUDIO — 1135 N 5th St, Reading, PA 19601
Frequently Asked Questions
What type of property is this?
Storefront property - Compact commercial space with running water and a layout suited to professional or personal-service uses.
Where is this storefront property located?
The property is located at 301 W DOUGLASS STREET Reading, PA.
What are key features of this property?
This property features: Approximately 421 square feet of commercial space; Running water supports salon, barbershop, and other water‑dependent uses; Previously used as a tax and insurance office
