Multi-Unit Mixed-Use Commercial
New
For Sale
$649,900
5045 POTTSVILLE PIKE, Reading, PA 19605
Four commercial units with automotive infrastructure, paved vehicle storage, and three occupied spaces supporting flexible operations.
Property Size4,856 SF
Price / SF$133.83
Days on Market3
Property Features for 5045 POTTSVILLE PIKE
General Information
Standard status
Active
Size
4,856 SF
Property subtype
Quadruplex
Building Details
Year Built
2006
Listing Agency:
Pagoda Realty ERA Powered
(610) 985-7700
Listed By:
Jimmy Thelusca · License #RS333622
(610) 927-7466
Source:
Cummingsrealtors
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 16 at 2:08PM
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 Pagoda Realty ERA Powered
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains approximately 4,856 square feet across four commercial units on approximately 0.83 acres, or 36,155 SF. The configuration combines retail/office, automotive, garage, storage, and flexible commercial areas. Three units are occupied, while one remains available for lease or owner occupancy. The property includes a wash bay with water service, radiant heat, lighting, pressure-washing and vacuum connections, and an oil/water separating drain.
A paved lot accommodates 50+ vehicles and supports parking, vehicle storage, and commercial loading needs. Additional improvements include three overhead doors, loading access, three exterior signs, central electric air conditioning, electric and on-site propane heat, public water and sewer, PVC plumbing, and 200-amp electrical service. The flat rubber roof was installed in 2024. Security cameras, fire and smoke safety equipment, and internet availability are also in place.
The property is located at 5045 Pottsville Pike in Ontelaunee Township, Berks County, with an existing national-brand tenancy among the occupied spaces.
A paved lot accommodates 50+ vehicles and supports parking, vehicle storage, and commercial loading needs. Additional improvements include three overhead doors, loading access, three exterior signs, central electric air conditioning, electric and on-site propane heat, public water and sewer, PVC plumbing, and 200-amp electrical service. The flat rubber roof was installed in 2024. Security cameras, fire and smoke safety equipment, and internet availability are also in place.
The property is located at 5045 Pottsville Pike in Ontelaunee Township, Berks County, with an existing national-brand tenancy among the occupied spaces.
Key Highlights
- Approximately 4,856 square feet across four commercial units
- Approximately 0.83 acres, totaling 36,155 SF
- Paved vehicle‑storage capacity for 50+ vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,237
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$984,740
$984.7K
Cap Rate 7%
$703,386
$703.4K
Cap Rate 9%
$547,078
$547.1K
Market Conditions
NOI Build-Up for 4,856 SF
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.
Gross rent
$73.4K $15.12/SF
− Vacancy
−$3.1K −$0.64/SF
EGI
$70.3K $14.48/SF
− OpEx
−$21.1K −$4.35/SF
NOI
$49.2K $10.14/SF
Area
Berks County, PA
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$984,740
Cap Rate 7%
$703,386
Cap Rate 9%
$547,078
Alternative Uses
Best Use
Retail
$703.4K
$615.5K – $820.6K
NOI $49,237 @ 7.0% cap · market cap 7.58%
Second Best
Mixed Use
$686.8K
$600.9K – $801.2K
NOI $48,074 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$797.2K
$697.5K – $930.0K
NOI $55,801 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 19605, PA
21,356
Population
8,100
Households
2.6
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
17.6 sq mi
ZIP Area
1,213
Density / Sq Mi
$85,775
Median Household Income
$45,578
Median Earnings
$1,310
Median Rent
$218,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four commercial units with automotive infrastructure, paved vehicle storage, and three occupied spaces supporting flexible operations.
Where is this mixed-use property located?
The property is located at 5045 POTTSVILLE PIKE Reading, PA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Approximately 4,856 square feet across four commercial units; Approximately 0.83 acres, totaling 36,155 SF; Paved vehicle‑storage capacity for 50+ vehicles
