Corner Salon
New
For Sale
Contact for pricing
57 S 6TH STREET, Reading, PA 19602
Zoning approval supports barbershop or salon operations in an open-plan commercial space.
Property Size2,178 SF
Price / SF$1.03
Days on Market5
Property Features for 57 S 6TH STREET
General Information
Standard status
Active
Size
2,178 SF
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Berks Realty Group
(610) 926-8610
Listed By:
David Baez · License #RS291995
(484) 824-8874
Source:
Cummingsrealtors
Added: Nov 2
Changed: Nov 6
Last Checked: Nov 6 at 2:28PM
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 Berks Realty Group
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Investment Insights
Based on property information with market context.
This 2,178-square-foot corner storefront is configured for salon or barbershop use, with zoning approval for both. The open layout can accommodate up to 10 stations, and plumbing is already in place for 6. Two entrances serve the space, which also includes a half bath and a lower level with office and storage areas. Mini-split systems provide heating and cooling.
Public street parking and a Parking Authority lot are available on the same street. The tenant is responsible for electric service.
Public street parking and a Parking Authority lot are available on the same street. The tenant is responsible for electric service.
Key Highlights
- Zoning‑approved for barbershop or salon use
- 2,178 square feet with an open layout accommodating up to 10 stations
- Existing plumbing connections for 6 stations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,084
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,680
$441.7K
Cap Rate 7%
$315,486
$315.5K
Cap Rate 9%
$245,378
$245.4K
Market Conditions
NOI Build-Up for 2,178 SF
Gross rent
$32.9K $15.12/SF
− Vacancy
−$1.4K −$0.64/SF
EGI
$31.5K $14.48/SF
− OpEx
−$9.5K −$4.35/SF
NOI
$22.1K $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%
$441,680
Cap Rate 7%
$315,486
Cap Rate 9%
$245,378
Alternative Uses
Best Use
Retail
$315.5K
$276.1K – $368.1K
NOI $22,084 @ 7.0% cap · market cap 981.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.5K
$312.9K – $417.1K
NOI $25,028 @ 7.0% cap · market cap 1,112.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,746
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 19602, PA
19,782
Population
7,907
Households
2.5
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
2.0 sq mi
ZIP Area
9,891
Density / Sq Mi
$38,179
Median Household Income
$30,848
Median Earnings
$978
Median Rent
$73,000
Median Home Value
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Market
Average Price Trend$/SF for Storefront properties in Reading, PA
Properties on Market for Storefront properties in Reading
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Saraí Variety Flower Shop — 12 N 9th St, Reading, PA 19601
- Florist — 150 N 9th St, Reading, PA 19601
Frequently Asked Questions
What type of property is this?
Storefront property - Zoning approval supports barbershop or salon operations in an open-plan commercial space.
Where is this storefront property located?
The property is located at 57 S 6TH STREET Reading, PA.
What are key features of this property?
This property features: Zoning‑approved for barbershop or salon use; 2,178 square feet with an open layout accommodating up to 10 stations; Existing plumbing connections for 6 stations
