Office-Warehouse Flex
426 Warren Street Reading, PA 19601
426 Warren Street, Reading, PA, 19601
$1,099,426
For Sale
$1,099,426
Modern flex property with gated off-street parking and a warehouse offering large drive-through garage doors.
Property Size8,500 SF
Price / SF$129.34
Days on Market250
Property Features for 426 Warren Street
General Information
- Standard status
- Active
- Size
- 8,500 SF
- Property subtype
- Office
Building Details
- Year Built
- 1940
Listing agency
Atlas Land and Homes
(610) 914-6203
Listed by
Israel Gonzalez · License #AB067693
(610) 914-6203
Source
Xome
Added: Nov 13, 2025 Updated: Jul 21 at 12:47AM Checked: Jul 21 at 3:02AM
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 Atlas Land and Homes
Investment Insights
Based on property information with market context.
426 Warren Street is a modern office-warehouse flex property combining a main office building with an attached warehouse. The warehouse includes large drive-through garage doors designed to allow vehicles to pull straight through, supporting warehouse-style operations, storage, and shop or work areas. The main building connects directly to the warehouse and features three levels of office space, with multiple private offices, workstations, meeting rooms, break rooms, and reception areas.
The property provides both gated off-street parking and nearby on-street parking. It offers easy access to Routes 422, 222, 61, and 12, with strong exposure from the Warren Street Bypass.
The overall configuration may support multi-tenant use, with potential for office, shop, warehouse, or other commercial applications.
The property provides both gated off-street parking and nearby on-street parking. It offers easy access to Routes 422, 222, 61, and 12, with strong exposure from the Warren Street Bypass.
The overall configuration may support multi-tenant use, with potential for office, shop, warehouse, or other commercial applications.
Key Highlights
- Commercial property with COMMERCIAL zoning, built in 1940, offering fenced parking and on‑street parking nearby
- Warehouse includes large drive‑through garage doors for vehicles to pull straight through for storage or warehouse‑style use
- Main building connects to the warehouse and features three levels of office space with private offices, workstations, meeting rooms, break rooms, and reception areas
Local Financial Insights For Office B
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 | $110.2k | $12.96 |
| − Vacancy | −$15.2k | −$1.79 |
| EGI | $95.0k | $11.17 |
| − OpEx | −$23.7k | −$2.79 |
| NOI | $71.2k | $8.38 |
8,500 SF · lease $12.96/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.02M
$890.2K – $1.19M
NOI $71,218 @ 7.0% cap · market cap 6.48%
Second Best
Warehouse
$860.3K
$752.8K – $1.00M
NOI $60,224 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,675 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Perrotto Builders, LTD
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- Alexandra's Catering — Reading, PA 19601
- Big John's — 1316 Schuylkill Ave, Reading, PA 19601
FAQs
What type of property is this?
Flex space - Modern flex property with gated off-street parking and a warehouse offering large drive-through garage doors.
Where is this flex space located?
The property is located at 426 Warren Street Reading, PA.
What is the asking price?
The asking price for this property is $1,099,426.
What are key features of this property?
This property features: Commercial property with COMMERCIAL zoning, built in 1940, offering fenced parking and on‑street parking nearby; Warehouse includes large drive‑through garage doors for vehicles to pull straight through for storage or warehouse‑style use; Main building connects to the warehouse and features three levels of office space with private offices, workstations, meeting rooms, break rooms, and reception areas
