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Longstanding Pizza Shop Business
For Sale
$249,900

527 Penn St, Reading, PA 19601

Food-service operation has more than two decades of operating history in Reading’s downtown business district.

Property SizeContact for details
Days on Market411

Property Features for 527 Penn St

General Information

Standard status Active

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $5,684
Listing Agency: Pagoda Realty ERA Powered
Listed By: Boris Azatovich
Source: Exprealty
Added: Jun 25, 2025 Changed: Aug 8 Last Checked: Aug 8 at 8:10AM

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 offering consists of an established pizza shop business in Reading, Pennsylvania, with a history exceeding 20 years. The operation is situated in the city’s downtown business district, where surrounding commercial activity includes numerous nearby businesses.

The business is being offered without the underlying real estate. Its location is near Alvernia College, adding an identifiable institutional reference point to the surrounding area. Showings are conducted during operating hours, from 10 a.m. to 10 p.m. daily. The retiring owners have indicated a willingness to provide training if needed, supporting a transition to new ownership.

Key Highlights

  • Pizza shop business with over 20 years of operating history
  • Located in Reading’s downtown business district
  • Real estate is not included in the offering

Property Analytics

Current Use

Beat Street Records Recording Studio Russo's Pizzeria & Italian ... Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Electrical Service Garden Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,893
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Food-service operation has more than two decades of operating history in Reading’s downtown business district.
Where is this conventional restaurant located?
The property is located at 527 Penn St Reading, PA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Pizza shop business with over 20 years of operating history; Located in Reading’s downtown business district; Real estate is not included in the offering
More about this property
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