Multi-Suite Office
For Sale
Contact for pricing
5 HEARTHSTONE COURT #206, Reading, PA 19606
Layouts include private offices, open work areas, conference space, kitchen areas, and ADA restrooms.
Property Size1,674 SF
Price / SF$0.01
Days on Market10
Property Features for 5 HEARTHSTONE COURT #206
General Information
Standard status
Active
Size
1,674 SF
Property subtype
Commercial
Building Details
Year Built
2000
Listing Agency:
RE/MAX Of Reading
Listed By:
Kent E Wrobel · License #AB067831
(610) 670-2770
Source:
Cummingsrealtors
Added: Oct 22
Changed: Oct 31
Last Checked: Oct 30 at 4:25PM
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 RE/MAX Of Reading
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Four office suites are available, with layouts ranging from private offices and open work areas to conference and kitchen space. Suite 206 measures 1,674 SF and includes multiple offices, an open area with a half wall, telephone and internet wiring, and two ADA restrooms. Suite 204 has two offices, a conference room that could be divided into two offices, a kitchenette, a waiting area, and one ADA restroom.
Suite 102 measures 1,293 SF and was previously used as a dental office. Suite 104 features an office, an open area suited to cubicles, a kitchen area, and two ADA restrooms. The building was constructed in 2000.
Suite 102 measures 1,293 SF and was previously used as a dental office. Suite 104 features an office, an open area suited to cubicles, a kitchen area, and two ADA restrooms. The building was constructed in 2000.
Key Highlights
- Suite 206: 1,674 SF, multiple offices, wired open area, and two ADA restrooms
- Suite 204 includes two offices and a conference room with potential to create two more offices
- Suite 102: 1,293 SF; previously used as a dental office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,026
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,520
$280.5K
Cap Rate 7%
$200,371
$200.4K
Cap Rate 9%
$155,844
$155.8K
Market Conditions
NOI Build-Up for 1,674 SF
Gross rent
$21.7K $12.96/SF
− Vacancy
−$3.0K −$1.79/SF
EGI
$18.7K $11.17/SF
− OpEx
−$4.7K −$2.79/SF
NOI
$14.0K $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%
$280,520
Cap Rate 7%
$200,371
Cap Rate 9%
$155,844
Alternative Uses
Best Use
Office B
$200.4K
$175.3K – $233.8K
NOI $14,026 @ 7.0% cap · market cap 140,260.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$274.8K
$240.5K – $320.6K
NOI $19,236 @ 7.0% cap · market cap 192,360.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 19606, PA
35,153
Population
14,593
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
26.7 sq mi
ZIP Area
1,317
Density / Sq Mi
$81,872
Median Household Income
$45,583
Median Earnings
$1,282
Median Rent
$229,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Layouts include private offices, open work areas, conference space, kitchen areas, and ADA restrooms.
Where is this office unit located?
The property is located at 5 HEARTHSTONE COURT #206 Reading, PA.
What are key features of this property?
This property features: Suite 206: 1,674 SF, multiple offices, wired open area, and two ADA restrooms; Suite 204 includes two offices and a conference room with potential to create two more offices; Suite 102: 1,293 SF; previously used as a dental office
