Corner Retail Building with
For Sale
$2,250,000
524 N 6th St, Reading, PA 19601
Freestanding retail facility with drive-thru access, dedicated parking, M-C zoning, and existing retail infrastructure.
Property Size11,269 SF
Price / SF$199.66
Days on Market85
Property Features for 524 N 6th St
General Information
Standard status
Active
Size
11,269 SF
Total Parking Spaces
45
Zoning
M-C
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Pylon Signage
Yes
Highway Access
Yes
Utilities to Site
Yes
Amenities
drive-in door
private restrooms
24-hour security with access control
200+ amp 3-phase electric service
corner lot signage
retail fixtures and refrigeration units
Building Details
Year Built
2004
Buildings
1
Construction
masonry
Tenancy
Single
Listing Agency:
RE/MAX Of Reading
Listed By:
Eric J Miller · License #RS193624L
(610) 670-2770
Source:
Jennysoldmine
Added: Jul 22
Changed: Sep 15
Last Checked: Oct 7 at 2:31PM
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
Investment Insights
Based on property information with market context.
This freestanding 11,269-square-foot storefront property occupies a corner lot at 524 N 6th Street in Reading. The interior includes an open retail layout, 10' to 12' ceiling heights, private restrooms, central air, tile and carpet flooring, a drive-thru window, and a drive-in door. Retail fixtures and refrigeration units remain in place, while masonry construction and a rubber roof provide durable building components. The property was built in 2004.
Zoned M-C, the building has 45 dedicated parking spaces, pylon and corner-lot signage, and access from Rte. 222 Business. Infrastructure includes 200+ amp 3-phase electric service, natural gas heat, public water and sewer, and 24-hour security with access control. Its existing configuration supports retail, medical, restaurant, health club, and hospitality uses identified for the property.
Zoned M-C, the building has 45 dedicated parking spaces, pylon and corner-lot signage, and access from Rte. 222 Business. Infrastructure includes 200+ amp 3-phase electric service, natural gas heat, public water and sewer, and 24-hour security with access control. Its existing configuration supports retail, medical, restaurant, health club, and hospitality uses identified for the property.
Key Highlights
- 11,269‑square‑foot freestanding retail building on a corner lot
- 45 dedicated parking spaces with pylon and corner‑lot signage
- 10' to 12' ceiling heights, open floorplan, and drive‑thru window
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,262
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,285,240
$2.3M
Cap Rate 7%
$1,632,314
$1.6M
Cap Rate 9%
$1,269,578
$1.3M
Market Conditions
NOI Build-Up for 11,269 SF
Gross rent
$170.4K $15.12/SF
− Vacancy
−$7.2K −$0.64/SF
EGI
$163.2K $14.48/SF
− OpEx
−$49.0K −$4.35/SF
NOI
$114.3K $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 Rate 5%
$2,285,240
Cap Rate 7%
$1,632,314
Cap Rate 9%
$1,269,578
Alternative Uses
Best Use
Retail
$1.63M
$1.43M – $1.90M
NOI $114,262 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,494 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,577
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 Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail facility with drive-thru access, dedicated parking, M-C zoning, and existing retail infrastructure.
Where is this storefront property located?
The property is located at 524 N 6th St Reading, PA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 11,269‑square‑foot freestanding retail building on a corner lot; 45 dedicated parking spaces with pylon and corner‑lot signage; 10' to 12' ceiling heights, open floorplan, and drive‑thru window
