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Established Pizza Restaurant Business
For Sale
$279,500

527 PENN STREET, Reading, PA 19601

Longstanding downtown operation with a 25-year history serving the Reading market.

Property Size2,600 SF
Price / SF$107.50
Days on Market11

Property Features for 527 PENN STREET

General Information

Standard status Active
Size 2,600 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Year Built 1930
Listing Agency: NextHome Legacy Real Estate
Listed By: Vincent Rollins
Source: Cummingsrealtors
Added: Jul 31 Changed: Aug 10 Last Checked: Aug 10 at 8:20AM

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 NextHome Legacy Real Estate

Investment Insights

Based on property information with market context.

This offering consists of an established pizza restaurant business with 25 years of operating history. The business is located at 527 Penn Street in downtown Reading, Pennsylvania, within ZIP code 19601.

The offering is for the business only. The property information identifies a 2,600-square-foot associated property constructed in 1930, while real estate and lease details are separate from the business offering.

Key Highlights

  • 25‑year operating history
  • Pizza restaurant business offered separately from the real estate
  • Located at 527 Penn Street, Reading, PA 19601

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Longstanding downtown operation with a 25-year history serving the Reading market.
Where is this conventional restaurant located?
The property is located at 527 PENN STREET Reading, PA.
What is the asking price?
The asking price for this property is $279,500.
What are key features of this property?
This property features: 25‑year operating history; Pizza restaurant business offered separately from the real estate; Located at 527 Penn Street, Reading, PA 19601
More about this property
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