Mixed-Use Building with Retail &
522 N 9TH STREET Reading, PA 19604
For Sale
$525,000
Fully occupied building offers a ground-floor bodega and three leased residential units with private baths.
Property Size2,178 SF
Price / SF$241.05
Days on Market10
Property Features for 522 N 9TH STREET
General Information
Standard status
Active
Size
2,178 SF
Property subtype
Mixed Use
Building Details
Year Built
1901
Listing Agency:
United Real Estate Strive 212
(610) 823-9457
Listed By:
Brian Guzman
(610) 823-9457
Source:
Xome
Added: Jul 20
Changed: Jul 26
Last Checked: Jul 29 at 4:46AM
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 United Real Estate Strive 212
Investment Insights
Based on property information with market context.
This fully occupied mixed-use building features a ground-floor commercial space currently operating as a bodega, including a fully equipped commercial kitchen and an additional entertainment space for private parties. The upper levels provide a mix of residential units: an efficiency apartment, a one-bedroom unit, and a two-bedroom apartment, with each unit having its own private bath.
Located at 522 N 9th Street in Reading, the property sits along the city’s 9th Street corridor. All units are currently leased, supporting a stabilized, income-producing profile for an investor seeking an asset with established occupancy.
Located at 522 N 9th Street in Reading, the property sits along the city’s 9th Street corridor. All units are currently leased, supporting a stabilized, income-producing profile for an investor seeking an asset with established occupancy.
Key Highlights
- Fully occupied mixed‑use building with a ground‑floor bodega and three leased residential units
- Ground‑floor commercial space operating as a bodega with a fully equipped commercial kitchen and additional entertainment space
- Residential units include an efficiency apartment, a 1‑bedroom, and a 2‑bedroom
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 | $32.9k | $15.12 |
| − Vacancy | −$1.4k | −$0.64 |
| EGI | $31.5k | $14.48 |
| − OpEx | −$9.5k | −$4.35 |
| NOI | $22.1k | $10.14 |
2,178 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$315.5K
$276.1K – $368.1K
NOI $22,084 @ 7.0% cap · market cap 4.21%
Second Best
Specialty Retail
$309.6K
$270.9K – $361.2K
NOI $21,673 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$357.5K
$312.9K – $417.1K
NOI $25,028 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied building offers a ground-floor bodega and three leased residential units with private baths.
Where is this mixed-use property located?
The property is located at 522 N 9TH STREET Reading, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Fully occupied mixed‑use building with a ground‑floor bodega and three leased residential units; Ground‑floor commercial space operating as a bodega with a fully equipped commercial kitchen and additional entertainment space; Residential units include an efficiency apartment, a 1‑bedroom, and a 2‑bedroom
